Via Bloomberg, an interesting report on how Middle East sovereign funds spent almost $89 billion globally last year, with deal makers using their wealth to diversify their economies and win geopolitical influence: When Credit Suisse Group AG, Sam Bankman-Fried and Asia’s richest men were hunting for funds in recent months, they all turned to the same place — […]
Read more »Via Bloomberg, an article on a recent LNG agreement between China and Qatar: China signed a landmark $60 billion agreement for purchases of liquefied natural gas from Qatar, as the world’s second-largest economy looks to bolster its energy security for decades. Qatar Energy will send Sinopec 4 million tons of LNG a year starting in 2026, the state-controlled […]
Read more »Courtesy of The Financial Times, a report on ho a bold bet on gas turned a struggling state group into one of the most important global resources companies: Saad al-Kaabi, Qatar’s energy minister and chief executive of its national oil and gas group, has criss-crossed the globe in recent weeks, travelling from Namibia to Guyana, […]
Read more »Via Bloomberg, a report that Qatar ‘s sovereign wealth fund transferred $1 Billion to Egypt’s Central Bank: Qatar’s sovereign wealth fund has deposited $1 billion with Egypt’s central bank as the gas-rich Gulf state moves closer to a deal to acquire government holdings in some of the North African nation’s major firms. The $445 billion Qatar […]
Read more »Via Pro Pakistani, an article on Qatar’s package of support for Pakistan, which may include PIA: Pakistan is likely to receive an unusual package from Qatar, under which Pakistan International Airlines (PIA) could become a part of Qatar Airways in an overall investment package that could reach $5 billion. Well-informed sources in the Ministry of […]
Read more »Via the Iran Project, a report on a new trade agreement between Iran and Qatar: The largest trade agreement in the field of saffron between Iran and Qatar was signed in the presence of political and economic figures of the two countries. The agreement was reached during the meeting of Qatari Minister of Finance Ali […]
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