Qatar Will Invest $35b in US Over 5 Years
World Economy

Qatar Will Invest $35b in US Over 5 Years

Qatar plans to invest $35 billion over the next five years in the United States, as the energy-rich country diversifies its global stakes, its sovereign wealth fund said Monday.
The Qatar Investment Authority revealed its US investment plans in a statement announcing the opening of an office in New York, AFP reported.
The office "will enable QIA to develop and expand its global investment portfolio, with the State of Qatar having committed to investing $35 billion in the United States over the next five years," it said. QIA said it also "remains committed to its investments in Europe, Asia and the Middle East," while the New York office "facilitates access to significant investment opportunities."

Short URL : https://goo.gl/XqWaQQ
  1. https://goo.gl/3zR8b7
  • https://goo.gl/64p5Bq
  • https://goo.gl/1cLI9n
  • https://goo.gl/THj6GJ
  • https://goo.gl/CWtPJ9

You can also read ...

Cybercrime cost has jumped by $155 billion since 2014.
Global businesses are losing the equivalent of nearly 1% of...
US Presses India to Cut Tariffs
US businesses and diplomats are pressing India to cut tariffs...
Pakistan to Be Placed Back on FATF List
Pakistan will be placed back onto an international terrorism-...
UAE Inflation  to Rise to 3.3%
Inflation is expected to rise to 3.3% in the UAE as the 5%...
Turkey will have the widest current account deficit this year at 4.5% of GDP, followed by Argentina and Colombia.
As the US and European countries embark on a monetary...
Europe’s main London, Frankfurt and Paris markets barely budged in early moves.
A stronger dollar and slightly higher global borrowing costs...
The ECB expressed more confidence that inflation would converge over time to its 2% target.
Released within 24 hours of each other this week, the minutes...
Fitch in November affirmed the country’s BB+ stable outlook rating.
Fitch, the ratings agency that cut South Africa’s sovereign...