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The Qatar Investment Authority (QIA), which manages investments for the gas-rich nation, has offered the equivalent of 740 million euros in the form of loan guarantees, French business magazine La Lettre de l’Expansion reported. “CMA is in discussion with the Qatar fund,” a source close to the matter told AFP, without providing more details. An […]

Qatar has released the second tranche of funds – worth about QR2bn ($549m) – into the banking sector in the latest effort to help banks recover from the impact of the global financial crisis. The funds will appear in the balance sheets of the listed banks for the current year. The announcement was made by […]

Qatar Islamic Bank said yesterday Qatar Investment Authority, or QIA, bought 5% of the lender’s share capital. QIA spent 956mn Qatari riyals ($262.4mn) on the shares, Qatar Islamic Bank said in a statement on the Doha bourse website. In December this year, QIA will buy another 5% of the lender’s shares. The shares will be […]