Our Network

Register for our free newsletter

 
 
Latest News

Qatar Says Has 3 Percent of Total, Undecided On Further Buys

Qatar Says Has 3 Percent of Total, Undecided On Further Buys

Qatar Holding, a unit of the Gulf nation's sovereign wealth fund, has increased its stake in French oil group Total to 3 percent and is undecided on buying more shares, Qatar Holding's chief executive said on Sunday.

0

April 22, 2012 10:55 by



Qatar Holding, a unit of the Gulf nation’s sovereign wealth fund, has increased its stake in French oil group Total to 3 percent and is undecided on buying more shares, Qatar Holding’s chief executive said on Sunday.

“This is good for both sides – it is good to be in Total. They have a huge investment in Qatar,” Ahmad al-Sayed told reporters on the sideslines of a conference.

“It is very open. We haven’t decided yet,” he said when asked if Qatar would buy more in Total.

(Reporting by Regan Doherty; Writing by Sitaraman Shankar)



0

Tags: , , ,

Leave a Comment