IslamicFinance.de

Al Rifai International Holding closed a strategic deal with Doha based Qatar First Investment Bank (QFIB). Arranger and financial advisor on this deal was ProFinance International.
The agreement states that the Qatari bank acquired a 15% stake in the leading manufacturer of nuts, kernels, light snacks and delicacies in the Middle East and Europe. Al Rifai International Holding remains the only Lebanese industrial group that a foreign business entity has ventured in during 2011.