ID :
209327
Sun, 09/25/2011 - 21:36
Auther :
Shortlink :
http://m.oananews.org//node/209327
The shortlink copeid
QInvest Commences Business in Saudi Arabia
Doha, September 25 (QNA) - QInvest Saudi Arabia, a subsidiary of Qatar s leading investment bank QInvest, has been granted a license by the Capital Market Authority (CMA) to conduct business in Saudi Arabia, and has commenced business activities.
QInvest Saudi Arabia offers managing, arranging, advising and custody services for a wide range of corporate, institutional and high net worth individual clients.
Speaking on the occasion, Shahzad Shahbaz, Chief Executive Officer of QInvest expressed pleasure for starting a significant period in the evolution of QInvest with the CMA license.
"Our Saudi operations represent an important milestone in our mission to develop QInvest as a leading global Islamic Investment Bank. We look forward to work with shareholders and partners to realize this mission,' he said.
For his part, Khalil Ghalayini, newly appointed as chief executive officer of QInvest Saudi Arabia said the subsidiary is focusing on generating business by both attracting new investment to the kingdom and offering Saudi investor’s opportunities across a range of markets.
The establishment of QInvest Saudi Arabia follows the recent establishment of representative office in Turkey, both of which complement its strategic partnership in the UK, US and India.
QInvest Saudi Arabia offers managing, arranging, advising and custody services for a wide range of corporate, institutional and high net worth individual clients.
Speaking on the occasion, Shahzad Shahbaz, Chief Executive Officer of QInvest expressed pleasure for starting a significant period in the evolution of QInvest with the CMA license.
"Our Saudi operations represent an important milestone in our mission to develop QInvest as a leading global Islamic Investment Bank. We look forward to work with shareholders and partners to realize this mission,' he said.
For his part, Khalil Ghalayini, newly appointed as chief executive officer of QInvest Saudi Arabia said the subsidiary is focusing on generating business by both attracting new investment to the kingdom and offering Saudi investor’s opportunities across a range of markets.
The establishment of QInvest Saudi Arabia follows the recent establishment of representative office in Turkey, both of which complement its strategic partnership in the UK, US and India.
