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FINANCIAL NEWS
Qatari Diar plans investments in emerging markets
28 Mar 2012
(MENAFN) Diar, the property arm of Qatar Investment Authority (QIA), said it plans to extend its business in emerging markets this year.
Diar has been in a buyout drive in Europe as part of the Gulf Arab state’s strategy of employing its natural gas revenues riches to diversify income resources.
The property firm recently bought the athletes’ village in London’s Olympic park for USD906 million along with UK developer Delancey Estates.
Diar has other investments including London’s Chelsea Barracks redevelopment, the building of the Shard skyscraper, the Harrods department store and the US embassy site in Grosvenor Square.
Diar also has investments in the US including a USD700 million development in Washington DC which was inked in April 2011. The company is looking for other investments in the US, according to CEO Mohammed Hedfa.
More News
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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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