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FINANCIAL NEWS
Qatar mulls investing USD1 billion in overseas SMEs
16 Feb 2012
(MENAFN) Qatari Finance Minister Yousef Kamal unveiled USD1 billion investment plan in overseas SMEs, the state news agency QNA reported.
Kamal said that the Supreme Council for Economic Affairs and Investment is considering setting up a company to invest in small firms outside the country.
Qatar previously invested in a series of valuable assets around the world in recent years, including the Harrods department store in London’s Knightsbridge, the London Stock Exchange, Barclays Bank, the Sainsbury grocery chain and the Paris Saint-Germain Football Club.
The gulf state is also financing The Shard building in London, which will be the tallest building in Europe when it is completed in May 2012.
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