08.07.2009 - Details of Qatar profits on Barclays
From Dofonline.co.uk: QIA is the sovereign wealth fund, and Challenger, a vehicle backed by the Qatari Royal Family, bought 800 million of convertible notes that could be changed into Barclays shares at 153p last October. Qatar Investment Authority (QIA) has made reportedly made a 700m profit on its investment in Barclays made in last Autumn's financial crisis. The Qatari rescue investment in Barclays saw the Arab emirate sitting on paper profits of more than 700m.........Full Article: Source
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