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FINANCIAL NEWS
Qatar SWF to invest $30b this year
23 Mar 2010
(MENAFN) Qatari Prime Minister Sheikh Hamad bin Jassem bin Jabor Al Thani stated that the Qatar Investment Authority (QIA), the country’s sovereign wealth fund, invested $30 billion last year and is expected to match the same amount this year, Reuters reported.
Separately, Qatar and Bulgaria signed an agreement for the avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income. The two countries also signed a Memorandum of Understanding (MoU) in the field of energy.
Qatar and Bulgaria agreed to set up a joint company that will explore investment opportunities in agriculture, energy and infrastructure projects.
The Prime Minister also said Qatar is expected to open its embassy in Sofia this year.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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