The Qatar Investment Fund (QIF) is formulating plans that could allow it to invest in Saudi Arabia, in what would be one of its first non-Qatari allocations. The proposals are subject to shareholder approval at its Extraordinary General Meeting, which has been convened for 14 November 2012.
Although the fund already has a small amount (0.5%) invested in Oman, the majority of the fund is allocated to domestic Qatari investments (96.8%), with the remainder (2.7%) in cash...............................................Full Article: Source
|