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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Financials, Market

Qatar firms sell debt for expansion as borrowing costs fall

Posted on 06 October 2010

From Gulf-times.com: Qatari companies are taking advantage of declining borrowing costs as the country with stakes in J Sainsbury and Volkswagen 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 $30bn in 2010, Prime Minister HE Sheikh Hamad bin Jassim bin Jabor al-Thani said in March. ………………………………………Full Article: Source

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