| From Bloomberg: Qatar may buy stakes in three “blue-chip” companies and increase existing holdings, said the Gulf state’s prime minister Hamad bin Jasim,who is also head of the country’s $58 billion sovereign wealth fund. Qatar is reviewing the targets’ assets and liabilities and is seeking companies with stable dividends.
He declined to identify investment candidates. Sovereign wealth funds have been hurt as oil prices dropped from record highs and the turmoil in the credit markets eroded the value of their existing investments. The prime minister said the credit crisis had “minimally” affected Qatar’s investments..... Full Article: Source
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