DOHA: Qatar First Bank L.L.C. (QFB), a leading Shari’ah-compliant bank based in Qatar offering investment opportunities and innovative financial solutions with local, regional and international reach, welcomed the Saudi Arabia 2030 vision announced by Saudi Arabia’s Deputy Crown Prince Mohammad bin Salman Al Saud.
Abdulla bin Fahad bin Ghorab AlMarri (pictured), Chairman of QFB noted that Saudi Arabia’s 2030 vision is considered the roadmap to the Kingdom’s development over the next 15 years. This new and bold strategy will enable the country to attract foreign investments from the GCC, neighboring, and global players to enter the Saudi market.
Al Marri said:“The 2030 vision seeks to build a prosperous economy and a dynamic society and establish an ambitious nation that explores the great human and financial potential of the Kingdom. What was announced by Saudi Arabia’s Deputy Crown Prince, Mohammed bin Salman, incentivized whoever shares this aspiring vision”. Al Marri added:“QFB sits at the forefront of these ambitious drives, and we will accelerate the execution of our business plans in the kingdom with the aim to meet the aspirations of our shareholders and clients in Saudi Arabia.”
Al Marri also expressed the bank’s willingness to explore a presence in Saudi Arabia in light of the new Vision in order to provide innovative financial solutions and investment opportunities to shareholders and clients.
QFB successfully listed all its shares on the QSE on April27, 2016, following its 7-year operational journey. QFB’s listing represents another milestone in the Bank’s quest to grow, expand its offerings and provide a ‘Signature of Excellence’ to its clients. With a clear strategy, highly experienced team, and solid shareholder base in the GCC region, QFB strives to maintain its role as a trusted advisor for high-net-worth individuals, corporate and institutional clients and a gateway to business opportunities in Qatar, the region and global markets.
The Peninsula
