COMMERCIAL NEWS
QInvest named best investment bank in Qatar
Sep 11, 2018 1:54 PM
QInvest a leading private investment group in Qatar said that it has been named Best Investment Bank in Qatar at the Euromoney Middle East Awards for Excellence. Dr Ataf Ahmed head of Asset Management...
QInvest, a leading private investment group in Qatar, said that it has been named Best Investment Bank in Qatar at the Euromoney Middle East Awards for Excellence.
Dr Ataf Ahmed, head of Asset Management at QInvest, said: “We are delighted to receive this prestigious award from Euromoney. It is a testament to the strength and depth of QInvest’s team and highlights our efforts over the last year to adapt to market challenges while sourcing new investment opportunities. Qataris undergoing a remarkable transformation to its economy and we are able to take advantage of our unique market position to deliver value for all of our clients and shareholders.”
“We have successfully launched the series of our “QInvest SQN Income Fund”, where the first and second version of the fund were oversubscribed and the third version expected to close during the third quarter of this year.
This series offers shareholders and investors a unique opportunity to access income generating assets in developed markets. It aims to pay out a net yield of 7 per cent per annum on a monthly basis and has a targeted IRR of between 8 per cent and 9 per cent, with a tenure of five years. In the second half of 2018, QInvest will unveil new products targeting local investment opportunities in Qatar across sectors including healthcare, industrials, education, and agriculture,” he added.
Hussain Abdulla, director in the Investment Banking Department at QInvest, said: “The Investment Banking division continues to advising regional and Qatari institutions and private clients aiming to re-adjust business portfolios to take advantage of evolving market conditions. We have developed a healthy pipeline of transactions and we look forward to building on this position of strength over coming months.”
QInvest started 2018 with an active investment book and a healthy pipeline of deals. In June, QInvest announced that it had successfully exited a real estate mezzanine murabaha transaction in the US with a realized IRR in excess of 13 per cent, further demonstrating the group’s international network and structuring expertise. This transaction brings QInvest’s track record of completed exits to $858 million across 24 transactions and funds with a weighted realized cash IRR of 15.5 per cent. – TradeArabia News Service
 + 10000000) + '&millis=' + new Date().getTime() + '&referrer=' + encodeURIComponent((window != top && window.location.ancestorOrigins) ? window.location.ancestorOrigins[window.location.ancestorOrigins.length - 1] : document.location) + ')
 + 10000000) + '&millis=' + new Date().getTime() + '&referrer=' + encodeURIComponent((window != top && window.location.ancestorOrigins) ? window.location.ancestorOrigins[window.location.ancestorOrigins.length - 1] : document.location) + ')
COMMERCIAL NEWS
Qatar Economic Forum to gather more than 1,000 global leaders Apr 2, 2024 12:57 PM
The fourth annual Qatar Economic Forum powered by Bloomberg (QEF)...
Ooredoo Group and e& modernise submarine network Mar 18, 2024 13:17 PM
Ooredoo Group and e& have partnered to deploy the subsea latest...
Ooredoo commits $1.1bn to bridge the digital divide Feb 27, 2024 10:49 AM
Ooredoo Group has made a pledge for connectivity in the developing...
Qatar digital investments to soar to $5.7bn Feb 25, 2024 10:51 AM
Qatar s digital investments across key priority technologies are...
SAP effects Q-Chem's digital transformation with SAP Cloud Feb 21, 2024 09:38 AM
SAP a global technology company has successfully deployed RISE with...
Qatar to host Web Summit in Mena for the first time Dec 12, 2023 17:44 PM
One of the world s biggest technology conferences Web Summit will...