Qatar Investment Authority

Qatar Investment Authority Overview

Founded in 2005 to diversify Qatar’s economy, QIA – Qatar Investment Authority – has an estimated $475 billion of assets under management.

The fund was ranked 10th in the world in terms of spending in the first half of 2024 after investing nearly $2 billion, according to Global SWF revealed.

QIA owns stakes in companies including Iberdrola, Volkswagen Group and Credit Suisse.

In the UK it owns the Shard skyscraper and Harrods in London and has stakes in Heathrow Airport and the Canary Wharf Group. It also owns the Paris Saint-Germain football club.

Domestic holdings include stakes in Qatar National Bank (the Middle East and Africa’s biggest bank by assets) and telecoms company Ooredoo.

Domestic investments make up one third of QIA’s portfolio, according to Global SWF, with investments in the US (20 percent) and the rest of the world accounting for around 45 percent.

Part of its growth strategy is to expanding into Australia, South Korea and Southeast Asia.

QIA also becoming a growing force in technology, investing most recently in semiconductor firms that power digital and green transformations in areas such as artificial intelligence, mobility and consumer technology.