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Islamic Finance Briefing - Categorized | Banking, Investment, Market Moves more

QFIB to spend around $200 mln on acquisitions

Posted on 28 October 2009

From Reuters: Qatar First Investment Bank (QFIB) could spend around 45 percent of the firm’s 1.6 billion Qatari riyals ($439.8 million) of paid-up capital on acquisitions, to grow its business across sectors, its chairman said on Tuesday.

The bank has an authorized capital of 3.6 billion riyals……………………..Full Article: Source

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