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Sovereign Wealth Funds Briefing - Categorized | Investment

Qatar considers stakes in three blue-cip firms

Posted on 02 February 2009

From Gulfnews.com: Qatar may buy stakes in three “blue-chip” companies and increase existing holdings, the prime minister said. “We cannot build all our reserves on one kind of investment, so we have to spread it,” Hamad Bin Jasem Bin Jaber Al Thani said.

“We are talking with two to three companies at the moment. We are looking for the blue-chip companies.” The country is considering investing in financial services, industrial companies and tourism, said Al Thani, who is also head of the country’s $58 billion (Dh213 billion) sovereign wealth fund….. Full Article: Source


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