Latest news with #QatarFinancialCentreRegulatoryAuthority
Arab News
27-03-2025
- Business
- Arab News
Qatar's Lesha Bank expands global footprint with $57.65m stake in Edinburgh Airport
JEDDAH: Qatar's Lesha Bank has acquired a 210 million Qatari riyals ($57.65 million) stake in Edinburgh Airport, marking its debut in the global infrastructure investment market. The bank, the first independent Shariah-compliant institution authorized by the Qatar Financial Centre Regulatory Authority, announced that the investment is being managed by a respected infrastructure fund manager. This move aligns with the bank's strategic focus on resilient asset classes and marks a significant step in its global infrastructure investment journey, according to a statement from Lesha Bank. Lesha Bank CEO Mohammed Ismail Al-Emadi described the investment in Edinburgh Airport as a key milestone for the institution. 'As part of our infrastructure investment portfolio, we seek attractive investment opportunities that may drive long-term value. Our recent focus on aviation investments has been met with strong demand from our clients, given the sector's robust growth potential,' he said. The CEO, who has recently been featured in Forbes' list of the top 40 asset managers in the Middle East for 2025, added that the collaboration with their business partners reinforces the bank's commitment to delivering value for all stakeholders involved. The institution also explained that the acquisition marks an important advancement in its aviation strategy following its recent purchase of multiple aircraft leased to a major airline. The acquisition reinforces its commitment to expanding its aviation and infrastructure portfolio, with the investment structured through a Shariah-compliant financing arrangement, the bank, listed on the Qatar Stock Exchange, said in a filing on March 26. Lesha Bank serves as an investment partner, offering premium financial opportunities and innovative solutions with a broad local, regional, and international reach. The institution continues to strengthen its position as a trusted advisor and gateway to opportunities in Qatar, the wider region, and global markets, with a particular focus on the US, Europe, and the MENA region. The organization also offers high-net-worth individuals and corporates a range of innovative, tailor-made Islamic financial products and solutions covering alternative investments focused on real estate and private equity, along with private wealth, asset management, and investment banking advisory. In January, the bank disclosed the interim financial statement for the 12-month period ending Dec. 31, 2024. The financial statements revealed a net profit of 128,165 million in comparison to 94,388 million for the same period of the previous year.
Zawya
27-03-2025
- Business
- Zawya
Qatar's Lesha Bank acquires indirect stake in Edinburgh airport
Qatar - Lesha Bank recently indirectly acquired a stake in Edinburgh airport, through an investment in an infrastructure-focused investment fund managed by a renowned infrastructure fund manager. This investment aligns with the bank's strategic focus on resilient asset classes and marks its entry into the global infrastructure investment market. This acquisition is also a key step forward in Lesha Bank's aviation strategy, following its recent successful acquisition of several aircraft leased to a leading airline. It further reinforces Lesha Bank's commitment to expanding its aviation and infrastructure portfolio, with the investment being structured by way of a Shariah-compliant financing arrangement. Lesha Bank CEO Mohammed Ismail al-Emadi, commented: 'This marks a significant milestone for us as we enter the global infrastructure investment market through investing in Edinburgh airport. 'As part of our infrastructure investment portfolio, we seek attractive investment opportunities that may drive long-term value. Our recent focus on aviation investments has been met with strong demand from our clients, given the sector's robust growth potential. This strategic collaboration with our business partners reinforces our commitment to delivering value for all stakeholders involved.' Lesha Bank LLC (Public) is the first independent Shariah-compliant Bank authorised by the Qatar Financial Centre Regulatory Authority (QFCRA) and a listed entity on the Qatar Stock Exchange. © Gulf Times Newspaper 2022 Provided by SyndiGate Media Inc. (
Associated Press
06-03-2025
- Business
- Associated Press
Stobox Joins Qatar Financial Center Digital Assets Lab
Stobox, one of the leading global tokenization platforms, became a member of Qatar Financial Center Lab – the most prestigious and recognized Digital Asset Association in the MENA region. The goal of this partnership is to boost tokenization in the country. Qatar is a country where tokens can legally proclaim property rights on real-world assets, which is very promising in terms of tokenization and global economic development. As Stobox works across the world, it will transmit Qatar's success and experience in tokenization to other countries. Qatar and Stobox already have an impressive success story behind tokenizing the largest shrimp farm in the world. Now, they pursue the tokenization of various types of assets within the eyesight. It will secure a significant financial outcome for the Qatar economy, accelerating its GDP growth. Qatar pursues the ambition to lead the tokenization across the MENA region. There are a number of reasons behind MENA's future success in tokenization. The success of tokenization is closely tied to the expansion of its underlying assets, and MENA's economy is thriving across multiple sectors ripe for tokenization. Real estate, aquaculture, food production, energy, and renewables are all experiencing impressive growth. Tokenization can provide these industries with more liquidity, fractional ownership, and increased global investor participation, further accelerating their expansion. ' We identify three major pillars driving Real-World Asset tokenization growth in Qatar. First, the country offers a diverse array of valuable assets and business opportunities. Second, there is a well-developed investment and financial ecosystem with substantial capital available for tokenization. Third, regulatory authorities are actively supporting tokenization initiatives, creating a favorable environment for long-term growth. We value Qatar's Financial Center stance on tokenization and aim to make the country a bedrock for all the future success of tokenization across the world.' – said Ross Shemeliak, COO and Co-Founder of Stobox. About Stobox Stobox is a licensed and regulated tokenization provider building financial markets for small and medium businesses. Stobox provides an all-in-one solution for tokenizing, investing, and trading RWA and operates in multiple jurisdictions, including the United States. Since its inception in 2018, the company has tokenized over $500M in assets across finance, mining, energy, and real estate. For more information, please visit About Qatar Financial Centre Regulatory Authority (QFCRA) The Qatar Financial Centre Regulatory Authority (QFCRA) is an independent regulatory body established in 2005 by Article 8 of the QFC Law. It regulates firms that conduct financial services in or from the QFC. It has a broad range of regulatory powers to authorise, supervise and, when necessary, discipline firms and individuals. The QFC Regulatory Authority regulates firms using principle-based legislation of international standard, modelled closely on that used in major financial centres. Further details are available at the Name: Yury Molodtsov Email: Send Email Organization: Stobox Disclaimer: This press release is for informational purposes only. Information verification has been done to the best of our ability. Still, due to the speculative nature of the blockchain (cryptocurrency, NFT, mining, etc.) sector as a whole, complete accuracy cannot always be guaranteed. You are advised to conduct your own research and exercise caution. Investments in these fields are inherently risky and should be approached with due diligence. Release ID: 89154167 In case of identifying any errors, concerns, or inconsistencies within the content shared in this press release that necessitate action or if you require assistance with a press release takedown, we strongly urge you to notify us promptly by contacting [email protected] (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our expert team is committed to addressing your concerns within 8 hours by taking necessary actions diligently to rectify any identified issues or supporting you with the removal process. Delivering accurate and reliable information remains our top priority.
