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أخبار الأولى
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Qatar Central Bank Approves Formation of First Investment Company Board |
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Having met all legal requirements, Qatar Central Bank has approved the Formation of the First Investment Company Board of Directors as named by the First Finance Company Board. The F.F.C. Board, in its capacity of possessing the capital of F.I.C., submitted a formal request to the Central Bank to form the Board of Directors of F.I.C. for the purpose of securing an ideal financial and administrative performance.
Thus, the proposed Board consisted of:
1-Mr. Ghanim Bin Sa‘d al-Sa‘d, chairperson.
2- Mr.Hamed ‘Abdullah al-Badr, vice-chairperson.
3- Mr. ‘Ali Ahmad al-Zubaid,member.
4- Dr.Khalid Bin Ibrahim al-Sulaiti, member.
5- Mr. Khalifa ‘Ali al-Hitmi, member.
6-Mr. Khalid ‘Abdul ‘aziz al-S‘ad, member.
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First Investment Company Board of Directors |
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It is worth mentioning that F.I.C. was established on 29-03-1429 A.H. corresponding to 06-04-2008 A.C. according to regulations of the commercial companies law, with a capital of Q.R. 500.000.000, of which only Q.R. 150.000.000 was paid. It will last for 25 Gregorian years since the date of declaring its articles of association. It has secured a license of doing business in the State of Qatar from Qatar Central Bank.
According to Dr. Khalid Bin Ibrahim al-Sulaiti, a member of F.I.C. Board, “The Company has fulfilled all requirements of establishment and will commence its business within the coming weeks, Insha Allah (God Willing). |
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Annual Report |
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Weather Index: Doha, Qatar
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14 °C |
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