close

policy

We would like to invite you to continue a survey you have started. ...

Do you trust your insurer ?

Strongly agree
Agree
Disagree
Strongly disagree
Insurance provides peace of mind
Insurance is purchased only when compulsory
Terms and Conditions (small print) are clear and easily accessible
Insurance jargon (language) stands in the way of fully understanding each policy
Insurance companies try their best to uphold the details of the policy without cutting corners
Reducing risk, cutting costs and profits are more important to an insurance company than the customer
Insurance companies in the region are as professional as in other more developed markets
Gender
Age group
Do you feel your insurance provider works in your interest?
Have you had a rejected claim that you feel was not justified?
Do you trust your insurance provider?
Our Network

Register for our free newsletter

 
 
Latest News

QInvest may launch IPO next year -CEO

CEO declines to give details on size of flotation.

0

October 13, 2010 1:21 by



QInvest, Qatar’s largest investment bank, may launch an initial public offering on Qatar’s exchange late next year, its chief executive said on Wednesday.

“Right now, the time frame we’re looking at is towards the end of next year, but not before that,” CEO Shahzad Shahbaz said via email.

He declined to give further details on the size of the offering or the stake it will list on the exchange.

QInvest, whose shareholders include Qatar Islamic Bank, has a paid-up capital of $500 million.

In February the company said it would buy a 25 percent stake in Mumbai-based Ambit Group for an undisclosed amount to help Ambit expand its investment banking, advisory and private wealth businesses.

In December, QInvest and Fortis Bank Nederland each committed $50 million to a $200 million sharia-compliant shipping fund aimed at providing financing to investors and ship owners hit by the global crisis.

Last May, QInvest trumped two other bidders to buy a 44 percent stake in the UK’s Panmure Gordon, investing 23 million pounds in the 130-year-old stockbroking firm.

(Reporting by Regan E. Doherty; Editing by Reed Stevenson)



0

Tags: , , ,

Leave a Comment