Middle East Economic Survey


No 41



Qatar Holdings To Invest In Greek Gold Mining

Qatar Holdings on 1 October signed a deal to purchase a 10% stake from the 25% equity held by the Greek building firm Ellaktor in London-based European Goldfields, the CEO and Managing Director of Qatar Holdings Ahmad al-Sayyid announced. Last July Greece had granted European Goldfields a permit to mine gold in the north of the country. Qatar Holdings has also agreed to lend $750mn to...