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Sovereign Wealth Funds Briefing - Categorized | Performance

Qatar’s QIA made $7bln profit in first quarter of 2009

Posted on 18 June 2009

From Business24-7.ae: Qatar’s prime minister said the country’s sovereign wealth fund realised $7 billion (Dh25.69bn) or $8bn in profits from its investments in the first quarter of 2009.

Sheikh Hamad bin Jassem Al Thani also stressed that Qatar Holding’s – main investment arm for sovereign wealth fund Qatar Investment Authority (QIA) – investment gains over the first quarter contrasted sharply with losses of more than $4bn last year………Full Article: Source


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