Qatar will be able to maintain its current account surplus in 2020-21, Economist Intelligence Unit (EIU) has said and noted QIA's assets provide strong support for the currency peg to the US dollar.
The Qatar Investment Authority (QIA) announced on Wednesday that it acquired a significant stake in Oryx Midstream Services (Oryx), the largest privately-held midstream crude operator ...
The Qatar Investment Authority (QIA) and Douglas Emmett have announced a further $365mn acquisition in Los Angeles through their multibillion dollar real estate partnership.
The risk of capital outflows induced by the regional blockade on Qatar has largely subsided with the “recovery of foreign reserves and the return to a current-account surplus” in 2018, according to the Economist Intelligence Unit.
Qatar has been successfully able to deal with the blockade with minimal impact as the Qatar Investment Authority (QIA) and Qatar Central Bank (QCB) intervened to support the country's banking system, a top official said Wednesday.
Qatar Investment Authority chief executive HE Sheikh Abdullah bin Mohamed bin Saud al-Thani said "we are still open for business and business as usual".
Qatar Airways will launch 12 new destinations in 2018, finalise in ‘the next few days’ an agreement to buy 49% of Italy's second biggest airline Meridiana, and soon apply with Qatar's sovereign wealth fund to start an Indian airline.