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FINANCIAL NEWS
Qatar’s QIA investment not affected by oil prices
20 Nov 2014
(MENAFN) The Qatar Investment Authority (QIA) announced that the authority’s investments will not be affected by the changing oil prices
The sovereign wealth fund, which has major investments in different sectors across the globe, including owning a majority in Harrods, the biggest department store in London as well as investments in Italy, said that its long terms strategy remains the same despite the recent fall in oil prices.
“In QIA, we have a long term strategy, which accounts for the volatility in the market,” QIA’s CEO was quoted as saying.
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