Company Insights Qatar Investment Authority Banking & Finance Qatar Investment Authority News Business of Sport QIA buys minority stake in Audi Formula 1 team The Qatar Investment Authority (QIA) has agreed to acquire a “significant minority” stake in Audi’s Formula 1 team, becoming a long-term investor and strategic partner. This sovereign wealth fund’s investment will provide a substantial capital injection to support infrastructure and team buildout, aligning with QIA’s strategy of focusing on investments with long-term growth potential. Audi […] December 1, 2024 Finance Qatar-backed consortium in play for Hong Kong’s ESR A consortium including Qatar Holding is planning to take Hong Kong-listed real estate fund manager ESR private, with the deal valued at more than $7 billion, according to Reuters. ESR stopped trading of its shares on Friday, “pending the release of an announcement in relation to inside information of the company”, it said in a […] November 29, 2024 Finance IHC stands by Adani investments despite US indictment Abu Dhabi’s International Holding Company (IHC) is standing firm on its outlook for investments in the Adani Group despite an indictment against its billionaire owner Gautam Adani and seven others in the US. The conglomerate, led by its chair and the UAE’s national security adviser Sheikh Tahnoon bin Zayed Al Nahyan, has been one of […] November 28, 2024 Banking & Finance QIA invests in owner of McDonald’s China The Qatar Investment Authority has invested in a continuation fund that will hold a controlling stake in McDonald’s China. Trustar Capital, a Chinese private equity firm, raised $1 billion for the fund, sources told Reuters, with the QIA, Qatar’s sovereign wealth fund, committing the largest amount, to become the anchor investor. Other investors include the […] November 26, 2024 Analysis Entrepreneurs What next for Kingdom Holding’s $2bn X investment? When Elon Musk took ownership of Twitter in 2022 for $44 billion, he did so with the help of Saudi Arabia’s Prince Alwaleed bin Talal and his Kingdom Holding, which put up nearly $2 billion of the price, and the Qatar Investment Authority, which handed over $375 million. The investment made the Saudi company the […] November 25, 2024 Construction US charges billionaire Gautam Adani in $265m bribery case US prosecutors have indicted Indian billionaire Gautam Adani and seven others, including his nephew Sagar Adani, in connection with an alleged $265 million bribery scheme tied to India’s largest solar power project. Adani has extensive business interests in the Arabian Gulf. The indictment, unsealed in New York on Wednesday, accuses the Adanis and Vneet Jaain, […] November 21, 2024 Artificial Intelligence QIA leads $125m funding round for AI startup Cresta Qatar Investment Authority (QIA) has led the new $125 million funding round for Cresta, a US-based generative artificial intelligence (AI) platform for contact centres. The series D round included World Innovation Lab, Accenture, Comcast Ventures, EnvisionX, LG Ventures, Qualcomm, Scan Health and Workday Ventures. The round included returning investors Andreessen Horowitz, Greylock Partners, J.P. Morgan, Sequoia […] November 20, 2024 Analysis Oil & Gas Trump’s prospective energy team is a mixed blessing for Gulf Fossil fuel veteran energy secretary US production boost could hit price Likely to impact renewables drive The nomination of a fossil fuels veteran and climate sceptic as US energy secretary is likely to chime with Gulf expectations tha... Register now: It’s easy and free This content is available for registered members only. Register for your […] November 19, 2024 Business of Sport Audi slams brakes on Qatari F1 buyout rumours Carmaker Audi has said its F1 team is not for sale, scuppering online rumours that the company was preparing to sell to Qatar’s QIA sovereign wealth fund. “We do not engage in speculation. The team is not for sale,” an Audi F1 spokesperson told AGBI on Tuesday. Qatar already holds a major stake in VW, […] November 13, 2024 Finance Qatar replaces chief of its $510bn sovereign fund The Qatari government has appointed Mohammed Al Sowaidi to lead its $510 billion Qatar Investment Authority (QIA). He replaces Mansoor Al Mahmoud who had headed the sovereign wealth fund since 2018. Al Sowaidi joined the fund in 2010 and worked as the Americas region’s chief investment officer. The QIA, set up in 2005, manages revenues […] November 13, 2024 Posts navigation Previous 1 2 3 … 10 Next
Business of Sport QIA buys minority stake in Audi Formula 1 team The Qatar Investment Authority (QIA) has agreed to acquire a “significant minority” stake in Audi’s Formula 1 team, becoming a long-term investor and strategic partner. This sovereign wealth fund’s investment will provide a substantial capital injection to support infrastructure and team buildout, aligning with QIA’s strategy of focusing on investments with long-term growth potential. Audi […] December 1, 2024
Finance Qatar-backed consortium in play for Hong Kong’s ESR A consortium including Qatar Holding is planning to take Hong Kong-listed real estate fund manager ESR private, with the deal valued at more than $7 billion, according to Reuters. ESR stopped trading of its shares on Friday, “pending the release of an announcement in relation to inside information of the company”, it said in a […] November 29, 2024
Finance IHC stands by Adani investments despite US indictment Abu Dhabi’s International Holding Company (IHC) is standing firm on its outlook for investments in the Adani Group despite an indictment against its billionaire owner Gautam Adani and seven others in the US. The conglomerate, led by its chair and the UAE’s national security adviser Sheikh Tahnoon bin Zayed Al Nahyan, has been one of […] November 28, 2024
Banking & Finance QIA invests in owner of McDonald’s China The Qatar Investment Authority has invested in a continuation fund that will hold a controlling stake in McDonald’s China. Trustar Capital, a Chinese private equity firm, raised $1 billion for the fund, sources told Reuters, with the QIA, Qatar’s sovereign wealth fund, committing the largest amount, to become the anchor investor. Other investors include the […] November 26, 2024
Analysis Entrepreneurs What next for Kingdom Holding’s $2bn X investment? When Elon Musk took ownership of Twitter in 2022 for $44 billion, he did so with the help of Saudi Arabia’s Prince Alwaleed bin Talal and his Kingdom Holding, which put up nearly $2 billion of the price, and the Qatar Investment Authority, which handed over $375 million. The investment made the Saudi company the […] November 25, 2024
Construction US charges billionaire Gautam Adani in $265m bribery case US prosecutors have indicted Indian billionaire Gautam Adani and seven others, including his nephew Sagar Adani, in connection with an alleged $265 million bribery scheme tied to India’s largest solar power project. Adani has extensive business interests in the Arabian Gulf. The indictment, unsealed in New York on Wednesday, accuses the Adanis and Vneet Jaain, […] November 21, 2024
Artificial Intelligence QIA leads $125m funding round for AI startup Cresta Qatar Investment Authority (QIA) has led the new $125 million funding round for Cresta, a US-based generative artificial intelligence (AI) platform for contact centres. The series D round included World Innovation Lab, Accenture, Comcast Ventures, EnvisionX, LG Ventures, Qualcomm, Scan Health and Workday Ventures. The round included returning investors Andreessen Horowitz, Greylock Partners, J.P. Morgan, Sequoia […] November 20, 2024
Analysis Oil & Gas Trump’s prospective energy team is a mixed blessing for Gulf Fossil fuel veteran energy secretary US production boost could hit price Likely to impact renewables drive The nomination of a fossil fuels veteran and climate sceptic as US energy secretary is likely to chime with Gulf expectations tha... Register now: It’s easy and free This content is available for registered members only. Register for your […] November 19, 2024
Business of Sport Audi slams brakes on Qatari F1 buyout rumours Carmaker Audi has said its F1 team is not for sale, scuppering online rumours that the company was preparing to sell to Qatar’s QIA sovereign wealth fund. “We do not engage in speculation. The team is not for sale,” an Audi F1 spokesperson told AGBI on Tuesday. Qatar already holds a major stake in VW, […] November 13, 2024
Finance Qatar replaces chief of its $510bn sovereign fund The Qatari government has appointed Mohammed Al Sowaidi to lead its $510 billion Qatar Investment Authority (QIA). He replaces Mansoor Al Mahmoud who had headed the sovereign wealth fund since 2018. Al Sowaidi joined the fund in 2010 and worked as the Americas region’s chief investment officer. The QIA, set up in 2005, manages revenues […] November 13, 2024
