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Monday May 21st 2012

QFIB eyes Saudi Arabian private wealth


Qatar First Investment Bank, founded in 2008 with $1 billion of capital, plans to open an office in Saudi Arabia by the end of this year as it seeks to tap opportunities in the Arab world’s largest economy.

In an interview in Riyadh, Emad Mansour, deputy chief executive officer of the Doha based bank said: “We think there are a lot of good deals to be had in the Saudi market.” [Read More]

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