| From Thepeninsulaqatar.com: The country is better known for its investments abroad. Its seven-year-old sovereign wealth fund, the Qatar Investment Authority, may have only about $85bn (Dh312.18bn) - considerably less than its Gulf neighbours have saved - but it has increased its activity in the international markets since 2008.
Credit Suisse, in which Qatar owns a stake, has emerged as the country’s preferred deal maker. Some of Qatar’s recent acquisitions include Raffles Hotel in Singapore, bought for $275m, a $2.5bn stake in Banco Santander Brazil, and the Chancery building in London..............................................Full Article: Source |