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Friday, December 05, 2025 | Daily Newspaper published by GPPC Doha, Qatar.

Tag Results for "investments" (11 articles)

Yasir al-Rumayyan, Governor of Saudi Arabia's Public Investment Fund.
Business

Saudi wealth fund plans to more than double investments in Japan

Saudi Arabia’s sovereign wealth fund is looking to increase its investments in Japan to about $27bn by the end of 2030 as the kingdom looks to deepen ties in Asia and expand in areas from critical minerals to financial markets.The Public Investment Fund aims to deploy more capital after investing $11.5bn in Japan from 2019-2024, Governor Yasir al-Rumayyan said at the FII Priority Asia Summit in Tokyo Monday. He highlighted spending in public and private markets and predicted recently-launched exchange traded funds between Saudi Arabia and Japan will “go further”.“Asia is big for us. We want to have better ties, better relationships, better procurement process, access to the supply chain,” al-Rumayyan said. “Japan at some stage was one of the largest partners for Saudi Arabia and we want to get that back.”Japan is Saudi Arabia’s third-largest trading partner at present. The sovereign wealth fund expects its investments in the country to contribute as much as $16.6bn to Saudi Arabia’s gross domestic product, al-Rumayyan said. He also hopes to see more return investment to the kingdom in areas including travel and tourism.Those sectors are among six areas of priority for the $1tn PIF under its 2026-2030 investment strategy, which is set to be unveiled early next year. The board has approved that plan and will be hammering out details over the next few days at a summit on the Red Sea in Saudi Arabia, al-Rumayyan said.The comments suggest Japan will remain a priority for PIF global investment as the fund seeks to increase its annual deployment of capital to $70bn after this year. It allocated nearly $57bn across priority sectors in 2024.Saudi Arabia has been leaning more heavily into its relationships with Asian nations in recent years as it seeks to draw more foreign partners to help advance the country’s multi-trillion dollar Vision 2030 economic transformation programme.There’s been a strong emphasis on the financial sector, with multiple ETFs launched in markets including mainland China, Hong Kong and Japan to track Saudi assets over the last two years. Asian banks have emerged as major financiers for Saudi entities. In energy, Saudi Arabia is working with Japan on developing the market for blue ammonia.Additionally, the kingdom is developing Dragon Ball and anime theme parks at its Qiddiya mega entertainment city on the outskirts of Riyadh in partnership with Japan. The FII Tokyo conference held on November 30-December 1 was the second FII event ever held in Asia. 

Dr Tamy Bin Ahmad al-Binali, chief executive officer of QFMA.
Business

QFMA issues new rules on offerings, listings and M&A

The Qatar Financial Markets Authority (QFMA) has come out with a slew of measures, including doing away with multiple advisors for listing and determining the reference price through pre-listing auction in direct listing, as part of simplifying the procedures and attracting foreign investments.His Excellency Sheikh Bandar bin Mohammed bin Saoud al-Thani, Governor of the Qatar Central Bank and chairman of QFMA has issued QFMA’s board decision No 8 of 2025 concerning the offering and listing, and mergers and acquisitions (M&A) rules.The issuance of the new rules comes as part of the state's drive to stimulate the attraction of foreign investments, and in light of the QFMA's ongoing efforts to continuously review and develop the legislative structure regulating the Qatari capital market in line with the best practices and international standards.The QFMA merged all rules and regulations related to the offering and listing process, such as (rights issues, sukuk and bonds, funds units, book building and share buyback) into unified rules, while added a separate chapter for M&As.On offerings and subscriptions, the QFMA developed the book-building mechanism and required a single offering and listing advisor instead of the previous multiple roles (offering advisor, listing advisor); while in the case of listing, it added a mechanism to determine the reference price through a pre-listing auction in the case of direct listing.On sukuk and bonds, the QFMA made it mandatory for the company to appoint a trustee to protect the rights of investors in such instruments.The QFMA stipulated the requirement of two years before requesting the transfer to the main market from the junior bourse.About disclosure and transparency; the QFMA made it mandatory to disclose in both Arabic and English. It set additional controls and procedures in case of postponing disclosure to align with international practices and obliging companies to keep lists of insiders and prevent their trading during the ban period.In the case of restrictions of founders and major shareholders, the QFMA said in the direct listing on the second market, the sale of up to 30% was allowed during the first year.On M&A, it said the acquisition articles shall apply in the case of the acquisition of shares of a listed company (not in the case of the acquisition of a private company) and regulating the reverse acquisition mechanism. It made it mandatory of the compulsory offer when 90% is reached (minority consent is not required).As per the new rules, the REITs (real estate investment trusts) have been allowed to borrow up to 50% of gross asset value.The key objectives are simplifying the procedures for listing and offering companies on Qatari financial markets and facilitating them for the issuers, enhancing the growth and diversity of the national economy and contributing to the advancement of our capital markets to developed markets, and promoting dealers' confidence, developing regulations and procedures, and providing a safe and sustainable investment environment."Such new rules will contribute to addressing any challenges that may face the Qatari capital sector, and will contribute to enhancing the growth and diversity of the national economy, as well as contribute to enhancing the advancing of our capital markets to the rank of developed markets, especially in light of the development of the Qatari capital market and the qualitative leaps it has achieved over the past few years," Sheikh Bandar said.Dr Tamy bin Ahmad al-Binali, chief executive officer of QFMA, said it had presented the rules for public consultation in April last year, inviting all participants dealing in the Qatari financial markets to review the proposed new draft rules, express opinions on its contents, and provide their comments and suggestions.The desired objectives of any proposed legislative draft to develop the legislative structure of the Qatari capital market will only be achieved through fruitful co-operation and continuous support and assistance from all entities subject to the QFMA's jurisdiction, professionals dealing in the financial markets and companies listed therein, as well as investors dealing in the capital markets, according to him. 

Harold Haddad, managing director and senior partner, BCG.
Business

Qatar cements its competitive position in global AI and technology space: BCG

Doha is steadily cementing its position as a competitive player in the global AI and technology race, supported by strategic investments from the Qatar Investment Authority (QIA), according to the Boston Consulting Group (BCG).These include the establishment of a $3bn global platform with Blue Owl Capital to accelerate international AI and cloud infrastructure expansion, as well as QIA’s participation in Anthropic’s $13bn funding round, BCG said in its report presented at the Mobile World Congress, which concluded Wednesday.These initiatives underscore Qatar’s commitment to advancing its digital capabilities and align closely with the ambitions of the Qatar Digital Vision 2030, it said in the report “AI Data Centers: An Opportunity in the Middle East”.“Qatar’s digital ambition is rapidly taking shape, driven by decisive leadership and a deep commitment to innovation. In line with Qatar National Vision 2030 and Qatar’s Third National Development Strategy, the country is harnessing AI and emerging technologies to cement its role as a competitive force in the global digital economy," said Harold Haddad, managing director and senior partner.The report revealed that the Middle East is rapidly positioning the region as a rising global nexus for AI data centre investment and innovation. As global demand for AI infrastructure accelerates, with data centre power needs projected to grow from 86GW (Gigawatt) in 2025 to 198GW by 2030, BCG finds that the Middle East has a uniquely competitive advantage in supplying scalable, cost-efficient AI compute capacity.Highlighting that the Middle East is not merely participating in the global AI infrastructure race; it is fast emerging as a critical new hub of AI data centre development; it said the region benefits from distinctive structural advantages.Its strategic geography places it within a 2,000-mile radius of over 3bn people, enabling it to serve Europe, Asia, Africa, and the Global South with non-latency-sensitive AI inferencing at scale.Competitive cost structures, including up to 50% lower leasing rates, low power tariffs, and advanced cooling systems adopted by regional operators, significantly reduce the total cost of ownership, BCG said, adding meanwhile, markets such as the UAE and Saudi Arabia continue to accelerate time-to-market for new data centres through fast-track development, dedicated investment teams, and special economic zone clusters such as Masdar City’s Stargate Campus."This momentum is reinforced by the region’s expansive land availability, scalable power ecosystems, and the planned ~720Tbps Fibre in the Gulf (FIG) submarine cable project," it said.Thibault Werlé, managing director and partner at BCG said the Middle East is undergoing a pivotal transformation as it positions itself to become a global hub for AI infrastructure."With strategic investments, progressive digital policies, and ambitious national visions across Qatar, the UAE, and Saudi Arabia, the region is building the foundation for scalable, next-generation AI compute," he added.The report outlines major national initiatives shaping the Middle East’s AI infrastructure landscape. Saudi Arabia has launched HUMAIN with a targeted 1.9GW AI data centre capacity, along with partnerships with NVIDIA, AMD, AWS, DataVolt, and Groq to develop multi-hundred-megawatt AI campuses, including the world’s largest AI compute centre.The UAE is advancing a 5GW AI campus in Abu Dhabi under the US-UAE AI Acceleration Partnership and is importing 500,000 GPUs for regional and US partners, supported by Microsoft’s $15.2bn AI and cloud infrastructure investment."Qatar’s strategic investments complement these national efforts and reinforce a GCC-wide push toward establishing a global AI compute corridor," the report said.With its strategic geography, favourable economics, and ambitious national digital agendas, the Middle East is uniquely poised to emerge as a global AI data centre powerhouse — particularly for regions requiring scalable and cost-efficient AI compute such as the Global South. 

Gulf Times
Business

Ahli Bank issues QAR 500 million bonds

Ahli Bank (a Qatari public shareholding company) successfully issued QAR 500 million in debt securities to international and local investors through ABQ Finance limited company (a special-purpose company) owned fully by Ahli bank.In a statement published on the Qatar Stock Exchange (QSE) website, the bank explained that the issuance is part of its USD 2 billion Medium-Term Note (MTN) program.

Qatar Chamber acting director general Ali Bu Sherbak al-Mansouri during a meeting with Linda Sultan, director general of the Tripoli and North Lebanon Chamber of Commerce, Industry, and Agriculture.
Business

Qatar, Tripoli chambers explore ways to enhance co-operation

Qatar Chamber acting director general Ali Bu Sherbak al-Mansouri held a meeting with Linda Sultan, director general of the Tripoli and North Lebanon Chamber of Commerce, Industry, and Agriculture, to review trade and economic co-operation relations and ways to enhance them.The meeting, held in the presence of Ali Hamad al-Marri, director of the Department of Committees and Business Councils Affairs at the chamber, also reviewed means to promote joint and mutual investments that contribute to increasing trade exchange between Qatar and Lebanon.Al-Mansouri emphasised the depth of fraternal relations between Qatar and Lebanon, saying Qatari businessmen are keen to expand their investments in Lebanon. He also cited the ongoing co-operation between the business sectors of both countries.He stressed the chamber’s commitment to encouraging Qatari businessmen to explore investment opportunities in Lebanon, noting the strong and long-standing relations between the Qatar Chamber and the chambers of commerce in Lebanon.Similarly, Sultan praised the distinguished relations between both countries, expressing her aspiration to strengthen co-operation between the Tripoli and North Lebanon Chamber and the Qatar Chamber in various fields that serve the business communities in both countries.

Gulf Times
Business

9th Future Investment Initiative kicks off in Riyadh

The ninth edition of the Future Investment Initiative (FII9) conference sessions officially began Tuesday in Riyadh, Saudi Arabia, under the theme "The Key to Prosperity."In his opening remarks, Governor of the Public Investment Fund, Chairman of Saudi Aramco Board, and Chairman of the Board of Trustees of the FII Institute Yasir Al-Rumayyan hailed the conference as the world's preeminent gathering for those with the vision to translate ideas and investments into tangible global impact."Deals worth more than $250 billion have been concluded through this platform since the conference's inception less than a decade ago," he stated. "Together, we have come a long way, but this year we must take our impact to even greater heights."He stressed the gravity of the moment, noting that the collective power of capital represented by the decision-makers present "imposes a great responsibility on us, and at the same time, gives us a greater opportunity to shape the future of the global economy. We must assume this responsibility and seize this opportunity without delay."He pointed out that investors and companies now face a new economic reality and swift technological transformations. The old models that propelled us to this stage, he argued, can no longer keep pace. "Governments cannot correct the course alone, and the private sector cannot bear the burden alone," he said. "The solution lies in the combined efforts of governments and the private sector as true partners. We need a new model and global cooperation that keeps pace with a new era of shared prosperity."Al-Rumayyan emphasized that FII is the ideal platform to unite world leaders, investors, and decision-makers from diverse sectors. He cited that the global GDP has surpassed $111 trillion and is expected to grow by $2.8% this year. However, he highlighted a critical disconnect revealed in this year's FII annual priorities report. While 66% of people feel positive about their lives, only 37% are optimistic about the world's future, and 69% worry about job loss due to foreign competition, he said. "This gap between individual hope and collective doubt represents a warning," he cautioned.He proposed that technology could help bridge this divide, provided it is accessible to all. Yet, he noted, three out of four people fear that artificial intelligence will widen the educational gap between societies with educational opportunities and those without. "We cannot allow this to happen. We must confront the inequalities that have hindered progress," he asserted, noting that in 2025, nearly 10% of the world's population-approximately 808 million people-will live in extreme poverty. "With every challenge comes an opportunity to find solutions that serve all of humanity," he concluded.

An electronic ticker displays share prices at the Tokyo Stock Exchange. The Nikkei 225 closed down 1.0% to 48,088.80 points Friday.
Business

Asian markets limp into weekend as AI bubble fears grow

Asian equities staggered into the weekend on Friday following a mixed week that saw an agreement on a Middle East ceasefire and huge new AI investments play off against the US shutdown and concerns about a tech bubble.In Tokyo, the Nikkei 225 closed down 1.0% to 48,088.80 points; Hong Kong — Hang Seng Index ended down 1.7% to 26,290.32 points and Shanghai — Composite closed down 0.9% to 3,897.03 points Friday.While some markets hit record highs along with gold and bitcoin, talk is growing that valuations among some companies may have run too high, sparking talk of a pullback.Buying sentiment got another boost this week from news that ChatGPT-maker OpenAI had signed multi-billion-dollar chip deals with South Korean titans Samsung and SK hynix as well as US firm AMD.The spending added to the hundreds of billions already pumped into the sector as firms look to get ahead on the sphere of artificial intelligence.That in turn has seen investors flood into the tech sector, sending stock prices rocketing — with US chip leader Nvidia topping a $4tn market capitalisation.However, there are rumblings that the rally could run out of steam, causing jitters on trading floors."Some areas of the market appear overheated," said Keith Lerner at Truist Advisory Services.Such worries have been part of the reason behind the rally in gold to a record above $4,000 on Wednesday.Alexandra Symeonidi, corporate credit analyst at William Blair, wrote: "Given the strong rally in tech stocks some market participants started to question the sustainability of the price momentum and were driving parallels with recent bubbles."So, while the overall market has been healthy, investors have been adding hedges in what is broadly considered to be a safe haven asset." Still, Pepperstone's Michael Brown remained upbeat on equities and saw plenty of upside."My view remains that dips in the equity complex should still be viewed as buying opportunities, with the 'path of least resistance' continuing to lead higher amid resilient underlying economic growth, robust earnings growth, and a looser Fed policy backdrop," he wrote in a commentary.Gold has since fallen sharply, helped by profit-taking as well as a breakthrough in Gaza peace talks and a strengthening dollar.All three main indexes on Wall Street ended in the red, and Asia largely followed suit.Hong Kong, Tokyo and Shanghai were among the biggest losers, while there were also retreats in Sydney, Singapore, Wellington, Bangkok and Manila. London was down, though Paris rose with Frankfurt.Seoul, however, rallied more than 1% thanks to a surge of more than 6% in Samsung on optimism about its AI chips and memory business.Mumbai and Jakarta were also up.On currency markets, the yen rose against the dollar after the junior partner in Japan's ruling coalition said it was leaving the alliance with the ruling Liberal Democratic Party.The move comes days after the LDP elected stimulus-friendly Sanae Takaichi as its new leader, putting her on course to become prime minister.Komeito chief Tetsuo Saito reportedly told Takaichi that her answers on the LDP's recent slush fund scandal were unsatisfactory. The move will likely make it difficult for the LDP to pass key legislation, including spending.Tokyo's Nikkei 225 stock surged this week on Takaichi's election, which stoked hopes for more stimulus measures and a push for easier monetary policies from the Bank of Japan. Futures in the index tumbled on Friday.Adding to the unease across markets is the standoff in Washington that is expected to see a US government shutdown run into a third week, with both sides showing no sign of backing down.Republican Senate Majority Leader John Thune indicated a weekend session was unlikely, according to news website Semafor. The Senate was due to be in session on Friday, with an eighth vote on the House-passed bill tipped to fail.Donald Trump repeated threats to slash government programmes popular with Democrats as he berated the party over the shutdown at a cabinet meeting."The Democrat shutdown is causing pain and suffering for hardworking Americans, including our military, our air traffic controllers and impoverished mothers, people with young children, people that have to live not the greatest of lives," he said.Democrats are privately preparing a shutdown lasting several more weeks, CNN reported, if Republicans do not agree to their demands to extend health care subsidies due to expire on December 31.

Gulf Times
International

Fidji Simo says mega AI investments are not a bubble but the new normal

The dizzying investments in artificial intelligence infrastructure do not constitute a bubble but are rather today's "new normal" to meet rising user demand, Fidji Simo, OpenAI's de facto number two, said Monday."What I am seeing here is a massive investment in computing power, (with) us meeting (this need) for computing power so incredibly badly for a lot of use cases that people want," Simo told AFP in her first interview since she took office August 18 as Chief Operating Officer of OpenAI's applications, including its flagship model ChatGPT."From that perspective, I really do not see that as a bubble. I see that as a new normal, and I think the world is going to really switch to realizing that computing power is the most strategic resource."

Gulf Times
Business

Japan's Nikkei closes at record high as AI rally helps overcome early losses

Japan's Nikkei share average closed at a record high on Wednesday, fighting back from early losses on optimism buoyed by investments in artificial intelligence. The Nikkei 225 Index rose 0.3% to close at an unprecedented 45,630.31, recovering from earlier session losses as wide as 0.6%. The broader Topix gauge gained 0.2%. The Nikkei's largest gainers were industrial manufacturer IHI, which rose 9.7%, followed by SoftBank Group, which jumped 6%. The sharpest falls were in shares of utility Tokyo Electric Power, which was down 4.89%, followed by video game maker Nexon, which sank 3.8%.

Gulf Times
Business

Qatar Chamber discusses strengthening trade cooperation with Latvia

Latvia, which offers attractive opportunities through eight free zones, is seeking investments from Qatar, especially in information and communications technology, food security, tourism, renewable energy, healthcare, and logistics.This was discussed at a Qatar Chamber meeting with Dana Goldfinča, non-resident Ambassador of Latvia to Qatar.She was received at the chamber’s headquarters by board member Abdulrahman bin Abduljalil bin al-Abdulghani, in the presence of other members Abdullah al-Emadi and Dr Mohammed bin Johar al-Mohammed.The meeting discussed ways to enhance trade and economic relations between the two countries, explored potential areas of cooperation between the Qatari and Latvian private sectors, and highlighted key investment opportunities for Qatari businessmen in Latvia.Abdulrahman al-Abdulghani said the current volume of trade between Qatar and Latvia remains very modest, underlining the importance of strengthening cooperation between the private sectors of both countries to expand trade exchange and mutual investments.Inviting Qatar Inc to Latvia, Goldfinča emphasised her country’s openness to Qatari investments across all sectors.The envoy further highlighted the importance of enhancing cooperation between the Qatar Chamber and the Latvian Chamber of Commerce and Industry to facilitate communication and foster stronger ties between the business communities of both countries.

Gulf Times
Business

Qatar Central Bank Governor meets Chairman of Mizuho Financial Group 

His Excellency the Governor of the Qatar Central Bank, Sheikh Bandar bin Mohammed bin Saoud al-Thani met Seiji Imai, Chairman of the Board of Directors of Mizuho Financial Group here today.During the meeting, they discussed the latest developments in global finance and investments.