02 Oct 2011
(MENAFN) Qatar Holdings announced lately that it would inject about usd1 billion in European Goldfields.
Ahmad al-Sayed, CEO of Qatar Holdings said that the company would acquire 10 percent stake from the Greek Construction Company Ellaktor and would have an option to buy an additional 5 percent stake.
He added that Qatar Holdings will finance the London-listed company operations in Greece with USD600 million.
The investment comes a year after Greece signed MoU with Qatar to attract USD5 billion of investment into Greece’s debt-ravaged economy.
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more