REFILE-Qatar's streamlined QInvest says to focus on three key areas | Reuters

REFILE-Qatar's streamlined QInvest says to focus on three key areas | Reuters:

"* QInvest to concentrate on three core lines - CEO

* Seeks to provide access to Qatar capital

* No urgent need to do acquisitions

* To work more closely with shareholder Qatar Islamic Bank

* Streamlining discontinues some business lines

By Dinesh Nair

DOHA, Oct 9 (Reuters) - Qatar's QInvest will focus on three core business lines - investment banking, asset management and investing its own capital - while working more closely with top shareholder Qatar Islamic Bank, the firm's chief executive said.

Tamim Al-Kawari took over last year after working with Goldman Sachs for five years, most recently as Goldman's local managing director and chief executive for Qatar.

"My experience at Goldman was invaluable and I have brought that with me to QInvest. We are sticking to our core competencies and continue to focus on providing innovative Islamic finance solutions," the Qatari national told Reuters at the firm's headquarters in Doha."

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