VOL. XXXIX

No. 6

11-November-1995

QATAR

Qatar Sets Up Investment Company To Help Palestinians

Qatar announced last week that it had set up a $250mn private holding company to finance development and industrial projects in the West Bank and Gaza. According to the Qatari Foreign Minister, Shaikh Hamad ibn Jasim Al Thani, the Salam (Peace) Company, based in Doha, had already raised $25mn from Qatari and Palestinian businessmen. The new company is open to all Arab investors and the...