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Sovereign Wealth Funds Briefing - Categorized | Investment

Commercial Bank of Qatar gets funds from QIA

Posted on 06 January 2010

From Istockanalyst.com: Commercial Bank of Qatar has received funds from the Qatar Investment Authority which are to be used to subscribe for a further issue of shares in the capital of the bank.
The bank said that the proposed issue would involve a placement of 10.31 million additional ordinary shares at a price of QAR78.30 per share and would increase the Qatar Investment Authority’s shareholding in Commercialbank to 9.1%…………………………………….Full Article: Source

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