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Qatar’s Shariah-complaint investment firm Qatar First Investment Bank has been allocated a 10% stake in Abu Dhabi-based National Takaful Company’s, or Watania, initial public offering that ended in May, people familiar with the matter said yesterday.
“QFIB had subscribed to Watania’s initial public offering and was allocated a 10.3% stake. The company also recently got a board seat confirmation,” one banker said……………………………………….Full Article: Source
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Qatar’s QFIB to get 10pct stake in Watania IPO
| Posted on 30 September 2011 |
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