Doha, 25 March 2015

Qatar Islamic Bank (QIB) - Qatar's leading Islamic Bank - has held an exclusive event for its private banking customers at Four Seasons Hotel in Doha, when for the first time in Qatar, Knight Frank presented its 2015 Wealth Report.

The Knight Frank Wealth Report is an annual award-winning publication that examines and analyses the performance of prime property markets, global wealth distribution and the behavioural direction of wealthy individuals towards property, investments and other wealth-related topics, including luxury spending trends. The 2015 Wealth Report - the ninth in the series - is more than just a property market update. For nearly a decade it has not only provided an authoritative commentary on the latest global trends, but has also helped to shape the investment strategies of wealthy individuals around the world.

The Wealth Report contains a huge amount of data, not only from Knight Frank's own research teams, but also from leading industry analysts and commentators. Much of the report's content is informed by the results of its unique Attitude Survey, which is based on a detailed survey of almost 500 leading private bankers and wealth advisors from across the globe, and reflects the attitudes of their ultra-wealthy clients who have a combined wealth of over $1.7tn. Covering many aspects of the lifestyles of ultra-high-net-worth individuals (UHNWIs) - with a net worth of over $30m, from wealth creation to philanthropy, from property investments to luxury spending trends, the survey's findings offer a unique insight into the attitudes of the super-wealthy.

The Doha event was attended by QIB's Private banking customers who are interested in properties investment worldwide, QIB senior managers, Knight Frank officials and a team from QIB-UK, a wholly owned subsidiary of QIB headquartered in London, together with representatives from Orange Field Group & BLP International Law Firm.

Topics covered in the presentation included the drivers, opportunities and threats from global wealth distribution, prime residential property markets, global cities of importance to UHNWIs, attitudes of these UHNWIs to property and investments, luxury spending trends, and much more.

Welcoming Tom Bill, Head of London Residential Research from Knight Frank who presented the report, together with the delegates, QIB's Group Chief Executive Bassel Gamal said it was suitable for QIB to host such an event that is exclusively dedicated for its Private Banking Customers: "The report, being presented for the first time in Qatar, is part of QIB's efforts to introduce to our the latest trends in wealth distribution throughout the world‎. The report paints a clear picture of the Global Property Market's performance, thus helping customers formulate a comprehensive vision on investments in this vital sector that is attracting growing interest from High Net Worth Investors around the globe".

QIB's Group Chief Executive also drew attention to the presence of the specialist team from QIB-UK who was on hand to offer unique investment opportunities in the real estate market in London, to answer questions, and provide advice on the best way to own real estate.

This event comes as part of QIB's continuous activities to make customers aware about QIB-UK offerings and presence as it gives interested Qatari clients, who are looking to diversify their real estate investment portfolio, early access to exclusive residential real estate opportunities.

Knight Frank is a residential and commercial property consultancy founded in London in 1896. Together with its New York-based affiliate - Newmark Grubb, Knight Frank is one of the world's largest global property consultancies with 370 offices and 12,000 employees in 55 countries around the world, handling in excess of US$800 billion worth of commercial, agricultural and residential real estate annually.

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© Press Release 2015