Bill Clinton

MICROCAPITAL BRIEF: 8th Annual Clinton Global Initiative: Commitments to Financial Access, Global Citizen Awards Presented

The promotion of creativity and innovation to drive change through social investment and the empowerment of women, were the main topics of the 8th Annual Clinton Global Initiative that was concluded on September 26 in New York. As a result of discussions more than 150 new commitments to alleviate global poverty, create a cleaner environment and increase access to health care were announced. In the course of the conference, the former US president Bill Clinton had awarded six personalities for their outstanding contribution to solving global problems.

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Qatar First Investment Bank launched

Joyce C Abaño reported on 25th March that the Shariah-compliant Qatar First Investment Bank (QFIB) celebrated its official launching yesterday during an exclusive ceremony at the Museum of Islamic Art. The event was graced by former US president Bill Clinton, who spoke about the challenges of globalisation and growing interdependence, and the need to identify common goals and values worldwide. The bank has an authrised capital of QR 3.6 bn (USD 1 bn).

The bank was awarded a licence by the Qatar Financial Centre in September 2008. Mike de Graffenried is the CEO of QFIB.

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