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Sovereign Wealth Funds Briefing - Categorized | Financials, Trends

Qatar companies sell debt for expansion as borrowing costs fall

Posted on 05 October 2010

From Bloomberg: Qatari companies are taking advantage of declining borrowing costs as the Persian Gulf country with stakes in J Sainsbury Plc. and Volkswagen AG seeks to raise funds for expansion. Qatar’s sovereign wealth fund, the Qatar Investment Authority, bought Harrods Ltd. department store this year and a stake in Agricultural Bank of China Ltd.
The fund may invest $30 billion in 2010, Prime Minister Sheikh Hamad Bin Jasim Bin Jaber Al Thani said in March……………………………………….Full Article: Source


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