Emad Mansour

Veteran Gulf Banker Plans Investment Bank In Dubai

Emad Mansour, a veteran Gulf Arab banker, is planning to set up an investment bank in Dubai’s tax-free financial zone. Mansour, who has about 20 years of investment banking experience in the region, was most recently the chief executive of Doha-based Qatar First Bank (QFB). The executive will file an application to the regulator of Dubai International Financial Center (DIFC), and aims to launch the business in the first half of 2014. His firm will initially focus on private equity transactions and then will move on to offering M&A, equity and debt capital markets advisory services before starting asset management operations. Other former investment bankers from the region have also set up specialist boutiques betting on a continued upturn in activity.

QFB names Ahmad Meshari Acting Chief Executive

The Board of Directors of Qatar First Bank (QFB) announced the appointment of Ahmad Meshari as Acting Chief Executive Officer of the Bank with immediate effect. Ahmad will replace Emad Mansour who recently resigned from the bank. Ahmad will have responsibility for QFB’s business lines including the wealth management business, principal investments, asset management and corporate finance advisory. He brings with him more than 30 years’ experience in the financial sector gained through different senior management positions in regional banks and key roles on high-profile boards, primarily with Islamic financial institutions. He joins QFB from Qatar Islamic Bank (QIB) where he served as Deputy Chief Executive Officer.

QFIB acquires prime properties in Central London

Qatar First Investment Bank (QFIB) is announced to acquire two properties in prime locations in Central London. These are the Leinster Inn Hotel at Leinster Square, and Westbourne House, Westbourne Grove. The acquisition is carried out in association with a consortium of investors from the GCC. The transactions aim to capitalise on the growing demand for real estate in Central London by converting both buildings into high-end luxury residential apartments.

Qatar's QFIB isn't discussing buying Ihlas - Deputy CEO

Qatar First Investment Bank isn’t discussing the purchase of Ihlas Finans, the financial arm of Turkey’s Ihlas Holding AS. This statement was given by Emad Mansour.

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