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Our Friends the Saudis

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Killian Bundy3/23/2009 6:04:41 pm PDT

Clinton to attend bank launch today

The Qatar First Investment Bank will be launched today. Former US President Bill Clinton will attend the private launching ceremony tonight at the Museum of Islamic Art.

Abdulla bin Fahad bin Ghorab Al Marri, chairman of the Qatar First Investment Bank, said it is a “great honour to have former President Clinton with us for this landmark event at Qatar’s Museum of Islamic Art.”

Al Marri said the Qatar First Investment Bank is a “new, independent fully Shariah-compliant investment bank with an authorised capital of QR3.6bn ($1bn) and a paid up capital of QR1.6bn ($430m). It is not affiliated with any other financial organisation and is licensed and regulated by the Qatar Financial Centre.”

/no conflict with the State Department to see here