Qatar wealth fund eyes investment in Australia, Asia

QIA’s domestic holdings include significant stakes in Qatar National Bank Image Credit: Bloomberg Dubai: The Qatar Investment Authority (QIA) aims to expand its operations into Australia, South Korea, and Southeast Asia as part of its growth strategy, according to a Reuters report. Abdulla Ali Al Kuwari, head of Asia Pacific at QIA Advisory, shared this

QIA’s domestic holdings include significant stakes in Qatar National Bank
Image Credit: Bloomberg

Dubai: The Qatar Investment Authority (QIA) aims to expand its operations into Australia, South Korea, and Southeast Asia as part of its growth strategy, according to a Reuters report.

Abdulla Ali Al Kuwari, head of Asia Pacific at QIA Advisory, shared this update during a panel discussion at the Milken Institute Asia Summit 2024 in Singapore. He noted that the sovereign fund is beginning to hire locally in both Australia and South Korea.

QIA is assessing investment opportunities such as carve-outs from conglomerates and take-private transactions in Japan, while primarily focusing on the technology sector in India.

Al Kuwari emphasised that QIA is a long-term capital provider, investing for the future generations of Qatar, with a focus on pre-initial public offering, private, and publicly listed companies.

In June this year, the fund announced its intention to expand its portfolio in the US and Asia, especially in China and India, aiming to capitalise on more favourable deal terms for investors, according to Mohammed al Hardan, head of QIA’s technology, media, and telecom investments.

QIA’s domestic holdings include significant stakes in Qatar National Bank, the largest bank by assets in the Middle East and Africa, as well as in the former telecom monopoly, Ooredoo.

主题测试文章,只做测试使用。发布者:duren0459@gmail.com,转转请注明出处:https://exploremenas.com/qatar-wealth-fund-eyes-investment-in-australia-asia/

Like (0)
duren0459@gmail.com's avatarduren0459@gmail.com
Previous September 20, 2024 10:54 am
Next September 20, 2024 10:54 am

相关推荐

Leave a Reply

Your email address will not be published. Required fields are marked *

联系我们

400-800-8888

在线咨询: QQ交谈

邮件:admin@example.com

工作时间:周一至周五,9:30-18:30,节假日休息

关注微信
自6.2开始主题新增页头通知功能,购买用户可免费升级到最新版体验