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FINANCIAL NEWS
Qatar Holdings to inject usD1b in European Goldfields
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.
More News
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BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
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04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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