GulfBase Live Support
16/03/2025 05:26 AST
Lesha Bank said its CEO has been recognised in the "prestigious Forbes Middle East Top 40 Asset Managers list" for 2025.
"This honor is a testament to the bank's robust asset management capabilities and its success in managing a diversified portfolio across real estate and private equity assets.
"Lesha Bank is especially proud as it stands out as the only financial institution in Qatar to be included in this esteemed list this year for a second consecutive year," the bank said Sunday.
For the fourth consecutive year, Forbes Middle East has published its ranking, spotlighting premier financial firms and advisors within the Middle East region committed to maximising investments. This year, the list highlighted 40 asset managers entrusted with managing assets on a fiduciary basis.
In 2024, Lesha Bank witnessed growth in its total assets under management (AUM), increasing by 39% to QR8.6bn.
The bank's investment portfolio also saw a substantial rise, growing by 12% to QR3.3bn, reflecting its strong performance in a dynamic economic environment.
Lesha Bank invests in various sectors and regions to serve qualified ultra and high net worth individuals, as well as qualified institutional and corporate entities.
The bank's investment portfolio includes significant positions in the US real estate market and various private equity deals across different industries including aviation.
Lesha Bank CEO Mohammed Ismail al-Emadi commented: "This recognition by Forbes Middle East is a significant achievement for our entire team at Lesha Bank. It highlights our collective efforts in managing and growing a strong and diversified investment portfolio.
"We are committed to continuing our pursuit of excellence and innovation in asset management."
Gulf Times
29/03/2018
Qatar First Bank (QFB), a leading Shari'ah compliant bank based in Qatar and listed on the Qatar Stock Exchange (QSE), has recorded a revenue of QR334.2m for the year ended 31 December 2017. QFB inve
The Peninsula
24/04/2016
Qatar First Bank (QFB), a leading Shari'ah compliant bank has announced plans to list its shares on Qatar Stock Exchange on Wednesday (April 27). This is the first listing of a private sector entity
Trade Arabia
20/04/2016
Qatar First Bank (QFB), Qatar's leading Shariah-compliant bank, has been named in 2016's 'Best Up-and-Coming Islamic Financial Institution' in Global Finance magazine's ninth annual awards for the Wo
The Peninsula
| Ticker | Price | Volume |
|---|
26/11/2025
AI is driving generational opportunity across every industry, society, and economy - but at the crux of this global transformation is the crucial relationship between AI and energy, Aramco's Executiv
Arab News
26/11/2025
Efsim Facilities Management Company, a leading provider of integrated facilities management (IFM) services across the Kingdom of Saudi Arabia, today (November 25) announced its intention to proceed w
Trade Arabia
26/11/2025
GFH Partners, a Dubai International Financial Center (DIFC) headquartered investment manager and the global real estate investment arm of GFH Financial Group, has acquired a majority stake in Devmark
Trade Arabia
25/11/2025
Taqa Energy Services, a subsidiary of Abu Dhabi National Energy Company (Taqa), has signed an agreement with Sdeira Group, a subsidiary of AD Ports Group, to implement one of the emirate's largest bu
Trade Arabia
25/11/2025
Saudi Real Estate Company (Al Akaria) has announced the signing of a framework agreement with Expo 2030 Riyadh Company to execute the early works for the Expo 2030 Riyadh project.
The contra
Trade Arabia