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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Qatar inks $2 bln investment JV with Morocco

Posted on 25 November 2011

Qatar’s sovereign wealth fund and the Moroccan state on Thursday agreed to establish a 50-50 investment joint venture worth $2 billion that aims to help the cash-strapped North African economy fund major development projects.

Visiting Qatari ruler Sheikh Hamad bin Khalifa al-Thani and Morocco’s King Mohammed signed an agreement in Rabat to set up the joint venture fund between the Qatar Investment Authority and its Moroccan equivalent, a Moroccan government statement said………………………………………Full Article: Source


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