Early signals hint that Web Summit Qatar 2026 will be its biggest edition yet, with participation expected to outpace the inaugural year and draw more global investors.
Global ambitions fuel Qatar’s investment momentum
Qatar Investment Authority, with a diversified $450 billion portfolio across 60 countries, is adeptly poised to tackle global economic hurdles and seize expansion prospects.
Qatar’s Q2 2023 budget posts record surplus of US$2.7bn
DOHA, QATAR - The Ministry of Finance announced that the budget of Qatar for the second quarter of the year 2023 recorded a surplus of US$2.7 billion (QR 10 billion). In its briefing on the actual data of Qatar's budget in the second quarter (Q2) of 2023, the ministry said...
Four Gulf sovereign wealth funds among world’s top ten
Abu Dhabi Investment Authority ($853 billion) and Kuwait Investment Authority ($803 billion) ranked fourth and fifth respectively, while Saudi Arabia's PIF was sixth in terms of assets. ADIA invests, on behalf of the government of Abu Dhabi, in equities, bonds, real estate and infrastructure., with most of its investments concentrated...Al Sada to be chairman of Rosneft
The shareholders elected a new board of directors as well.
Qatar Investment Authority to invest $12.4bn in UK economy: CEO
Doha, Qatar - Qatar Investment Authority (QIA) will invest up to GBP 10 billion ($12.4 billion) in the UK economy over 2022-2027, the CEO, Mansoor Bin Ebrahim Al Mahmoud said on Tuesday. The investment pledge was made during a meeting with the UK Secretary of State for Business and Trade, Kemi...Qatar right to buy Harrods, economy doing well, says prime minister
Qatar bought a 17-percent stake in German auto group Volkswagen in 2009 and paid a reported $1.7 billion for Harrods in 2010. Volkswagen is recovering from a scandal while the landmark London store was badly hit by the coronavirus pandemic, reporting losses for 2020 and cutting hundreds of jobs.
Loans, investments, piles of his own cash: How Musk funded Twitter takeover
The 51-year-old ended up selling around $15.5 billion worth of Tesla shares in two waves, in April and in August.
