Qatar wants to become the biggest shareholder in Royal Dutch Shell by raising its stake to seven per cent to strengthen its ties with the oil company and further invest its wealth in Western assets, said a report.
The Middle East Econom
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.
Speaking on the sidelines of the World Invest
Energy-rich Qatar has increased its stake again in Lagardere, boosting its position as the largest shareholder in the French media-to-aerospace conglomerate.
A unit of the Qatar Investment Authority, the emirate's sovereign wealth fund, sa
Qatar's sovereign fund plans to purchase a remaining 10 per cent stake of a promised 20 per cent stake in the Gulf state's banks to provide support to its local lenders, according to analysts.
The planned purchase by the Qatar Inve
Qatar's sovereign wealth fund said it will only invest in French nuclear group Areva's capital increase if it can convert that investment into its mining division, possibly delaying negotitations, French daily Les Echos reported.
Qatari Holdings, the investment arm of the Qatar Investment Authority, is expected to acquire stake of up to 49 per cent in CMA CGM, the third-largest container shipping line in the world, a report said.
CMA CGM had earlier said that it ne
Qatar International Islamic Bank said on Wednesday the Gulf state's sovereign wealth fund would begin buying shares in the lender this week and would take 10 per cent of its share capital by the end of 2009.
In October, the Qatar Investmen
Starbucks, TransFair USA and the Fairtrade Labelling Organizations International (FLO) have unveiled a groundbreaking initiative that builds upon the organisations' shared history of support for small-scale coffee farmers.
The Qatar Investment Authority has bought a 20 per cent stake in British property company Chelsfield Partners, boosting the Gulf state's interest in commercial real estate, the two partners said on Sunday.
Chelsfield, which owns London's C
Barwa Real Estate Co, Qatar’s second-largest property firm by market value, posted a loss of 55 million Qatari riyals ($15.12 million) in the second quarter, its first quarterly loss ever.
The second-quarter performance, which Reuter