09.04.2013 - Qatar runs returns rule over fast cars and football
Qatar Holding, the investment arm of the wealth fund, has been actively deploying the nation's riches from plentiful natural gas in recent years in a string of high-profile assets ranging from French soccer club Paris Saint-Germain to stakes in German sports-car maker Porsche, British bank Barclays and Swiss lender Credit Suisse. The world's top exporter of liquefied natural gas has a lot of spare cash to invest; recent figures showed a budget surplus of $26 billion in the second quarter of fiscal year 2012/13, or 54 percent of GDP for the period...............................................Full Article: Source
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