30 Sep 2015
(MENAFN) Media reported that the Qatar Investment Authority (QIA), one of the world’s largest sovereign wealth funds, could be facing losses of as much as USD12 billion in the final quarter of the year.
Estimated to be worth about USD250 billion, the QIA has built up a string of stakes in some of the world’s largest corporates, including Royal Dutch Shell, Barclays and Volkswagen.
However, the Financial Times reported that the QIA is expected to see losses at eight of its top 10 holdings during the third quarter, with two days of that period still remaining.
The newspaper said the biggest loss could come from the fund’s stake in Germany’s Volkswagen. The QIA, which is the third-biggest stakeholder in the world’s, is on track to see a paper loss of USD8.4 billion.
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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