National Investments Company is announcing its partial exit from its stake in QInvest, an Islamic Sharia compliant investment bank located in the Doha, Qatar.
The exit transaction was done through a share buyback by QInvest, for sale proceed amounted to US 2.22 million, which will record a net gain of US 130,900 on the partial divestment of QInvest during the first quarter of 2014.