12.10.2012 - What's driving Qatar's foreign policy?
From the art world to the airline industry and on to the United Nations, the tiny Gulf nation of Qatar has been leaving a big footprint wherever it goes. The Qatar Investment Authority has spent more than $4.3 billion this year on eight deals in Europe, including a shopping mall on the Champs Elysees in Paris, the London Olympic athletes village and the Italian fashion house, Valentino. It has invested in some of France's top companies"Louis Vuitton, TOTAL, and the Carlton Hotel in Cannes. Qatar has been investing millions of Euros in European banks, real estate, fine art and football clubs and will host the 2022 FIFA World Cup"all this while providing considerable financial support to the countries of the Arab Spring. All in all, Qatar's investments across the globe are estimated at about $60 billion...............................................Full Article: Source
Print