Qatar Sets Up New $12Bn Investment Firm
Qatar’s announced $12bn semi-sovereign investment firm will not be Shari’a compliant, MEES learns. This will likely dampen local interest in the firm. Qatar hopes to attract $2.5bn in investment from Qatari businesses and financial institutions and at least $500mn from private Qatari citizens. The new firm, Doha Global Investment (DGI), is set do an initial public offering (IPO) and list on the Qatar...
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