IslamicFinance.de

#Qatar’s QInvest said that its revenues rose to $65.7 million and net profits increased to 25.3 million (QR92.1 million), compared to $24.4 million (QR88.7 million) in H1 2015. The main drivers behind the results include exits in the firm’s investments, strong performance in its international real estate portfolio and increased fee revenue. CEO of QInvest Tamim Hamad Al-Kawari said the company recorded a satisfactory half-year performance across all business lines in the face of economic uncertainties. QInvest is reviewing and stress-testing its portfolio to match the heightened volatility levels and headwinds of the markets.