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Islamic Finance Briefing - Categorized | Banking, Market Moves more

QInvest opens Saudi unit for GCC growth

Posted on 26 September 2011

QInvest, Qatar’s leading Islamic investment bank, has forayed into Saudi Arabia as part of its expansion across the GCC (Gulf Cooperation Council) region.
QInvest Saudi Arabian unit, its first subsidiary, has kicked off operations with an initial capital of 50mn Saudi riyals. The entity has been granted license by the Capital Markets Authority (CMA)……………………………………….Full Article: Source

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