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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