Qatar Sovereign Fund Has $30 Billion to Spend This Year
Qatar's aggressive sovereign wealth fund, the Qatar Investment Authority (QIA), has $30 billion to spend this year, executive board member Hussain Al Abdulla said at a conference on Sunday.
April 22, 2012 4:17 by kippreport
Qatar’s aggressive sovereign wealth fund, the Qatar Investment Authority (QIA), has $30 billion to spend this year, executive board member Hussain Al Abdulla said at a conference on Sunday.
QIA has been the most active of the region’s sovereign wealth funds in recent years, deploying the Gulf nation’s natural gas riches in assets ranging from German sports car maker Porsche to British bank Barclays.
Abdulla said QIA had invested $2 billion in agriculture over the past two years through its Hassad Food food security unit.
(Reporting by Regan Doherty, Writing by Sitaraman Shankar, Editing by Mirna Sleiman
More on GCC
-
Qatar to announce new energy infrastructure fund
-
Qatar Holding, Italy Fund Eying Versace – Paper
-
Saudi government websites targeted
-
NCoV – First report of patient-to-nurse spread
-
Saudi regulations target stock market speculators
-
Dubai’s Arqaam Capital Eyes South Africa, Saudi Expansion
-
U.S. Targets Two UAE Firms For Dealing With Blacklisted Iran Banks
-
Airbus officially picked by Kuwait Airways
-
GMR reveals top 50 Mena Corporate Brands
-
Kuwait Airways to sign $3 billion-plus Airbus deal
-
Abu Dhabi Tourism Company Loss Widens
-
Emirates Airline reaps expansion profits
-
Saudi Arabia has 13 cases of SARS-like Coronavirus – WHO
-
UAE Central Bank Shuts Two Money Exchange Firms For Violations
-
Emal plans further expansion
-
Dubai looking at alternatives to repay debt
-
Two more die in Saudi Arabia from SARS-like virus – WHO
-
Alwaleed’s Kingdom on the prowl
-
Qatar Airways now looks to Airbus
-
World’s Longest-Range Passenger Jet
Lately on Kipp
-
Starcom MediaVest Group Elevates Rayan Karaky to Chief Digital Officer, MENA and Emerging Markets
-
CANALI’S EXCLUSIVE “SU MISURA” EVENT FOR PERSONALIZED MENSWEAR IN THE UAE
-
Plextor launches new SSD with Stunning True Speed Performance
-
Dubai Duty Free wins DFNI Asia/Pacific Award for “Middle East Travel Retailer of the Year”
-
Sovereign art gallery opens at Jumeirah Lakes Towers
-
Kuwait: expats sent packing
