Company Insights Qatar Investment Authority Banking & Finance Qatar Investment Authority News Economy Qatar says QIA gets budget surplus to invest for diversification Qatar has transferred its budget surplus to Qatar Investment Authority for investment as part of its diversification programme, finance minister Ali Al Kuwari told CNN’s Richard Quest at the World Economic Forum at Davos. “We have a very clear and very disciplined fiscal policy framework. This is already approved by the government. And this is […] January 19, 2023 Analysis Banking & Finance Gulf wealth funds look to snap up ‘cheap’ assets in West Sovereign wealth funds across the Middle East are forecast to take advantage of “limited competition” from global peers this year to pursue “cheap” assets in Europe, the US and other western markets. A sharp drop in stock and bond markets over the past year has resulted in the combined value of the world’s sovereign wealth […] January 3, 2023 Banking & Finance Qatar may take part in Indian payment firms’ $1bn funding drive Indian digital payments firm PhonePe is planning to raise up to $1 billion from existing investors, which includes Qatar Investment Authority, Bloomberg reported, citing informed sources. The other investors are General Atlantic, Tiger Global Management and Microsoft Corporation. The all-equity round will likely close in the next two weeks and may take Walmart-backed PhonePe’s valuation […] December 9, 2022 Analysis Xi Jinping visits Saudi as GCC looks east on trade When President Xi Jinping of China arrives in Saudi Arabia on Wednesday, it is likely to add further momentum to a flourishing relationship with the GCC that surpassed trade with the US and Europe combined last year. Three summits are planned during the three-day visit with over 20 agreements worth more than $29.3 billion expected […] December 7, 2022 Long read World Cup 2022 Lusail City is ready for Qatar 2022 … and beyond All over the Gulf, Vision 2030 mega-projects are somewhere on the road from drawing-board dream to functioning reality. One has already got there: Lusail City in Qatar. Work on the development began almost a decade ago, spurred on by preparations for the 2022 World Cup. At the time, the site was a mere village, about […] November 18, 2022 Banking & Finance Qatar transfers $1bn to Egypt to meet interim finance needs Qatar Investment Authority has deposited $1 billion with Egypt’s central bank amid talks to acquire stakes in some state-owned entities, Bloomberg reported, citing unnamed informed sources. Due diligence on the assets and finalising a deal will likely take time; therefore, the $445 billion sovereign fund deposited the cash to help Egypt meet its interim finances, […] November 10, 2022 Exclusive Real Estate Rents for Qatar tenants soar ahead of World Cup Tenants in Qatar are losing out in the run-up to the FIFA World Cup as rents soar by nearly a third, with landlords able to secure longer-term leases at higher rates due to a lack of supply in the market. “Residential rents have risen around 30 percent year-on-year,” said Adam Stewart, the recently appointed head […] October 11, 2022 Abu Dhabi funds in talks to invest in Indian edtech firm Abu Dhabi’s sovereign wealth funds are in active talks with an Indian edtech company to be part of a $400-$500 million proposed fundraising drive, the Economic Times newspaper reported, citing people close to the development. Abu Dhabi-based state holding company ADQ is already an investor in Think and Learn Private Ltd, which owns the Byju’s […] August 29, 2022 Economy Saudi Arabia plans to invest $1bn in Pakistan Saudi Arabia plans to invest $1 billion in Pakistan, Saudi state TV reported on Thursday. King Salman bin Abdulaziz had given the directive for the kingdom to support the Pakistani economy, Reuters reported, citing state TV. UAE to invest $1b in Pakistan’s economic, investment sectors Earlier this month, Bloomberg reported that the kingdom plans to […] August 26, 2022 Business of Sport Qatar wealth fund-backed Group One mulls US listing Group One Holdings, backed by sovereign wealth fund Qatar Investment Authority (QIA), is planning an initial public offering (IPO) in the US, Bloomberg reported. The company behind mixed martial arts brand One Championship is changing its legal domicile to the Cayman Islands from Singapore as a step towards the listing. Earlier, the company had explored […] August 16, 2022 Posts navigation Previous 1 … 8 9 10 Next
Economy Qatar says QIA gets budget surplus to invest for diversification Qatar has transferred its budget surplus to Qatar Investment Authority for investment as part of its diversification programme, finance minister Ali Al Kuwari told CNN’s Richard Quest at the World Economic Forum at Davos. “We have a very clear and very disciplined fiscal policy framework. This is already approved by the government. And this is […] January 19, 2023
Analysis Banking & Finance Gulf wealth funds look to snap up ‘cheap’ assets in West Sovereign wealth funds across the Middle East are forecast to take advantage of “limited competition” from global peers this year to pursue “cheap” assets in Europe, the US and other western markets. A sharp drop in stock and bond markets over the past year has resulted in the combined value of the world’s sovereign wealth […] January 3, 2023
Banking & Finance Qatar may take part in Indian payment firms’ $1bn funding drive Indian digital payments firm PhonePe is planning to raise up to $1 billion from existing investors, which includes Qatar Investment Authority, Bloomberg reported, citing informed sources. The other investors are General Atlantic, Tiger Global Management and Microsoft Corporation. The all-equity round will likely close in the next two weeks and may take Walmart-backed PhonePe’s valuation […] December 9, 2022
Analysis Xi Jinping visits Saudi as GCC looks east on trade When President Xi Jinping of China arrives in Saudi Arabia on Wednesday, it is likely to add further momentum to a flourishing relationship with the GCC that surpassed trade with the US and Europe combined last year. Three summits are planned during the three-day visit with over 20 agreements worth more than $29.3 billion expected […] December 7, 2022
Long read World Cup 2022 Lusail City is ready for Qatar 2022 … and beyond All over the Gulf, Vision 2030 mega-projects are somewhere on the road from drawing-board dream to functioning reality. One has already got there: Lusail City in Qatar. Work on the development began almost a decade ago, spurred on by preparations for the 2022 World Cup. At the time, the site was a mere village, about […] November 18, 2022
Banking & Finance Qatar transfers $1bn to Egypt to meet interim finance needs Qatar Investment Authority has deposited $1 billion with Egypt’s central bank amid talks to acquire stakes in some state-owned entities, Bloomberg reported, citing unnamed informed sources. Due diligence on the assets and finalising a deal will likely take time; therefore, the $445 billion sovereign fund deposited the cash to help Egypt meet its interim finances, […] November 10, 2022
Exclusive Real Estate Rents for Qatar tenants soar ahead of World Cup Tenants in Qatar are losing out in the run-up to the FIFA World Cup as rents soar by nearly a third, with landlords able to secure longer-term leases at higher rates due to a lack of supply in the market. “Residential rents have risen around 30 percent year-on-year,” said Adam Stewart, the recently appointed head […] October 11, 2022
Abu Dhabi funds in talks to invest in Indian edtech firm Abu Dhabi’s sovereign wealth funds are in active talks with an Indian edtech company to be part of a $400-$500 million proposed fundraising drive, the Economic Times newspaper reported, citing people close to the development. Abu Dhabi-based state holding company ADQ is already an investor in Think and Learn Private Ltd, which owns the Byju’s […] August 29, 2022
Economy Saudi Arabia plans to invest $1bn in Pakistan Saudi Arabia plans to invest $1 billion in Pakistan, Saudi state TV reported on Thursday. King Salman bin Abdulaziz had given the directive for the kingdom to support the Pakistani economy, Reuters reported, citing state TV. UAE to invest $1b in Pakistan’s economic, investment sectors Earlier this month, Bloomberg reported that the kingdom plans to […] August 26, 2022
Business of Sport Qatar wealth fund-backed Group One mulls US listing Group One Holdings, backed by sovereign wealth fund Qatar Investment Authority (QIA), is planning an initial public offering (IPO) in the US, Bloomberg reported. The company behind mixed martial arts brand One Championship is changing its legal domicile to the Cayman Islands from Singapore as a step towards the listing. Earlier, the company had explored […] August 16, 2022
