Mr. Adel Mustafawi, CEO Al Rayan, announced progressive activities that are set to further position Masraf Al Rayan as a key player in the financial market.
"In the fourth quarter of 2007 Masraf Al Rayan will launch an industrial fund worth USD1.5 billion. We are very excited about this project," said Mr. Mustafawi, "It is just a glimpse of what to expect in the future for this great nation. It is a fantastic opportunity for Masraf Al Rayan to be part of Qatar's rapid transformation as it enters a new and modern era. This fund demonstrates that Masraf Al Rayan is offering investors diversified opportunities across various sectors including real estate, industrial and others."
Mr. Mustafawi also announced the signing of a Mudharaba deal worth Euro 450 million for a Qatari semi-government body, with details to follow in the coming days.
In addition, Mr. Mustafawi emphasised the bank's intention to continue offering excellent opportunities for Qatari graduates through its executive trainee programme.
Mr. Mustafawi concluded the press conference by saying, "We at Masraf Al Rayan remain committed to continue performing at a high standard and providing superior service for our customers and shareholders."
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Impressive half year results and more deals for Masraf Al Rayan
- Qatar: Monday, July 23 - 2007 at 14:26
- PRESS RELEASE
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Following the announcement of Masraf Al Rayan's impressive half year results for 2007 of QAR667 million in net profits, today's press conference held at the bank's main branch on Grand Hamad Street, was the scene for more exciting news.
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Posted by Anne-Birte Stensgaard, Senior News EditorMonday, July 23 - 2007 at 14:26 UAE local time (GMT+4)
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Notes and Media Contacts »
For further information please contact:
Dima Issa
Media Relations Manager
Marketing & Communications Department
Masraf Al Rayan
P.O. Box 28888
Doha - Qatar
Tel: +974 - 499 6177
Fax: +974 - 499 6101
Or:
Annie Kechichian
Senior PR Manager
GCI Qatar
Telephone: +974 428 3144
Dima Issa
Media Relations Manager
Marketing & Communications Department
Masraf Al Rayan
P.O. Box 28888
Doha - Qatar
Tel: +974 - 499 6177
Fax: +974 - 499 6101
Or:
Annie Kechichian
Senior PR Manager
GCI Qatar
Telephone: +974 428 3144
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