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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

Qatari Diar committed to halted projects in troubled Syria

Posted on 06 May 2011

Qatari Diar Real Estate Investment Co.’s projects in Syria are temporary halted until the security situation there improves, Doha-based Al Arab daily reports Thursday citing an executive.Qatari Diar is committed to implement the Ibn Hani Bay Resort project in Latakia that will cost more than $350 million and is also committed to its residential and commercial real estate project in Damascus, Mohammed Bin Ali Al Hedfa, the company’s chief executive, told the paper

Qatari Diar, which is the property development arm of the sovereign wealth fund Qatar Investment Authority, has a project portfolio of $60 billion and is present in 32 countries worldwide, the daily reports……………………………………….Full Article: Source


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