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Sovereign Wealth Funds Briefing - Categorized | Market

No pickup in regional capital market activity in 2010: Experts

Posted on 01 March 2010

From Cri.cn: Arab capital markets in the Gulf region will not see a major recovery in 2010. The Sovereign Wealth Funds of Qatar and Abu Dhabi will, however, not stop to look for bargain investments abroad
Abu Dhabi, the wealthiest member of the seven-strong federation UAE, holds 9.1 percent in German car giant Daimler AG and aims to increase its stake to 15 percent within the next two years.
With a 10 percent stake, Qatar is the biggest shareholder at Swiss bank Credit Suisse…………………………………….Full Article: Source

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