Qatar is in the process of finalising a deal with Starwood Capital to buy from the US group a portfolio of four luxury hotels in France for an undisclosed price. It is the latest in a wave of high-profile purchases in the country by the gas-rich emirate, which has led to a political backlash.
Most of the emirate's investments in France, however, are made through another state entity - the Qatar Investment Authority , the sovereign wealth fund whose subsidiaries include Qatar Holding , its direct investment arm and Qatar Diar, the property investment group...............................................Full Article: Source
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