22.11.2012 - Qatar Investment Fund looks to invest in Saudi Arabia
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
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