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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
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
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
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
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