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Qatar First Bank to implement a capital raise of up to 420 million ordinary shares through its Rights Issue

Qatar First Bank (QFB), has announced that it has received the regulatory go-ahead to proceed with its ‘Rights Issue,’ as approved by the shareholders at the bank’s recent concluded Extraordinary General Meeting (EGM). Held on 22 September 2021, the EGM resolved to increase the bank’s capital from QAR 700 million…

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