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Qatar Investment Authority

Qatar Investment Authority News

Eric Trump was in Dubai representing the Trump Organizaton to launch a new luxury tower in partnership with real estate developer Dar Global

Eric Trump: the Gulf is dependent on a strong America

The Gulf region is dependent on a strong United States and wants security so local economies can flourish, the US president’s son Eric Trump said in an interview with Reuters. In Dubai as an executive of the president’s family business, the Trump Organization – which launched a new tower in the city in partnership with […]

Qatar's Emir Sheikh Tamim Bin Hamad Al Thani and Russia's President Vladimir Putin attend a signing ceremony following their talks at the Kremlin in Moscow on April 17, 2025

Qatar and Russia set up $2bn investment fund

The sovereign funds of Qatar and Russia have created a $2 billion joint fund to invest in technology, minerals and healthcare projects. Qatar Investment Authority (QIA) and the Russian Direct Investment Fund (RDIF) will each invest $1 billion, a statement from the RDIF said. In 2014 the two wealth funds launched a $4 billion joint […]

McLaren's Oscar Piastri passes the chequered flag to win the Bahrain Grand Prix on April 13, 2025

Saudi Arabia explores options to own F1 team

Owning a Formula 1 team could be the next step for Saudi Arabia after sponsoring the sport and hosting a grand prix, according to the chairman of the kingdom’s automobile and motorcycle federation. Prince Khalid Bin Sultan Al-Abdullah Al-Faisal told reporters in a video call ahead of this weekend’s race in Jeddah that the interest […]

Jakarta, the capital of Indonesia. Qatar is investing heavily in the country

Indonesia and Qatar to set up $4bn joint fund

Indonesian sovereign wealth fund Danantara Indonesia and Qatar Investment Authority will set up a joint fund worth $4 billion to invest in so-called domestic priority sectors in the southeast Asian country. These include food and energy security, downstream processing, digital infrastructure, healthcare and tourism, Indonesian state-run Antara news agency reported, quoting Danantara chief investment officer […]

Saudi football soccer

Former Saudi owner of English soccer club returns to pitch

The former Saudi royal owner of the English Championship side Sheffield United, Prince Abdullah bin Mosaad bin Abdulaziz Al Saud, is returning to the football market with a sports investment fund worth as much as SAR1 billion ($266 million). Prince Abdullah told the Sports Investment Forum in Riyadh this week that his group intends to […]

QNB's QAR4.26bn ($1.17bn) net profit for Q1 was seen as a 'healthy result'

Qatar National Bank Q1 profit spurs share recovery

Qatar National Bank (QNB), the Middle East and Africa’s largest bank by assets, reported a slight increase in first-quarter net profit on higher net interest income which helped offset its domestic tax bill. Government-run QNB made a net profit of QAR4.26 billion ($1.17 billion) in the three months to March 31, up 2.8 percent versus […]

U.S. President Donald Trump's adviser Elon Musk reacts during a rally in support of a conservative state Supreme Court candidate of an April 1 election in Green Bay, Wisconsin, U.S. March 30, 2025. REUTERS/

Gulf investors ‘rewarded’ as Musk’s xAI absorbs X

Gulf co-investors in Elon Musk’s X could benefit from the social media platform’s purchase by xAI, analysts have told AGBI. The deal is expected to help artificial intelligence company xAI train Grok, its AI assistant, to compete in the increasingly competitive generative AI market. Musk’s xAI acquired privately-held X last week in a deal that […]