brexit offers investment opportunities
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Brexit offers investment opportunities

Egypt Today, egypt today

Egypt Today, egypt today Brexit offers investment opportunities

Theresa May and Abdullah bin Mohammed bin Saud Al Thani
London - Arab Today

Qatar's $335 billion sovereign wealth fund sees opportunities to invest in Britain after Brexit and is looking at infrastructure, healthcare and technology, the fund's head told a London conference on Monday.

The Qatar Investment Authority (QIA) wealth fund has in recent years diversified its portfolio away from Europe towards more investments in the United States and Asia but is still one of the most high-profile Gulf investors in Britain. 

The June 23 Brexit vote has raised a number of questions about the future of the world's fifth largest economy and London's position as one of the top two global financial centres.

"I am still looking, even after Brexit there will be opportunities QIA can really hunt for," QIA Chief Executive Sheikh Abdullah bin Mohammed bin Saud Al Thani told an investment conference in London.

"Whenever the government would like the QIA to step in we are ready," al-Thani said just two days before Prime Minister Theresa May triggers formal Brexit talks.

Asked what sectors in Britain he was particularly looking at, he said: "Our aim now in the future is really to focus on infrastructure, and we will be focusing also on healthcare and IT."

Qatar's prime minister, Sheikh Abdullah bin Nasser bin Khalifa Al Thani, said in a statement that Qatar expected to invest 5 billion pounds ($6.3 billion) in Britain over the next five years.

Sovereign and private investors from Qatar, Saudi Arabia, Kuwait and the United Arab Emirates have been prolific buyers of British assets in the past decade, snapping up billions of dollars worth of property, mostly in London.

Qatar is one of the most high-profile investors in the British capital, owning landmarks such as the Shard skyscraper, Harrods department store, luxury hotels and a stake in the Canary Wharf financial district.

Qatar has also sought to diversify its UK investments beyond real estate, including buying stakes in retailer J Sainsbury Plc and London Heathrow airport.

The chief executive of Qatar Petroleum said the firm felt comfortable with its investments in Britain and did not see last June's vote to leave the world's biggest trading bloc as a game changer.

"What happens with the economy of the UK long term with Brexit and so on really will not be a game-changer for us," Saad Sherida Al Kaabi told a conference in London.

Source :Times Of Oman

egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

brexit offers investment opportunities brexit offers investment opportunities



GMT 06:29 2011 Monday ,14 November

Matthew cruises to win at Ochoa Invitational

GMT 03:34 2017 Wednesday ,22 March

Tillerson to skip NATO meeting next month

GMT 13:44 2013 Friday ,15 March

Israel suppress Palestinian demonstrations

GMT 16:15 2017 Monday ,01 May

Moroccan Workers’ Syndicate

GMT 11:56 2016 Wednesday ,12 October

Toyota, Suzuki eye partnership as industry consolidates

GMT 15:42 2011 Thursday ,23 June

Express checks in with foursquare

GMT 10:49 2017 Sunday ,13 August

Car rams into crowd at violent Virginia rally

GMT 17:45 2013 Sunday ,20 October

5 Indian spices that are good for your health

GMT 08:41 2012 Saturday ,15 September

Italian magazine: will print Kate topless snaps

GMT 08:02 2012 Tuesday ,05 June

Zoe Saldana in Prabal Gurung

GMT 06:11 2012 Saturday ,15 September

Tunisia’s Media Conflict: Journalists fight for freedom

GMT 14:35 2015 Friday ,24 July

Awqaf Minister hails New Suez Canal project

GMT 16:34 2017 Thursday ,28 December

Hitler's Nazi-parade Mercedes set

GMT 11:22 2011 Monday ,10 October

Paul McCartney to play in Moscow in December

GMT 05:17 2015 Friday ,25 September

Pope expresses solidarity with Muslims after stampede

GMT 05:44 2012 Saturday ,21 April

ATV engine 95 HP

GMT 03:01 2011 Monday ,19 September

Laughter, tears at US television\'s Emmy awards

GMT 12:04 2012 Wednesday ,07 March

6 Music animation draws on 10 years of eclectic radio

GMT 01:00 2015 Sunday ,05 April

Barzani congratulates Abadi on Tikrit victory

GMT 13:24 2015 Thursday ,15 October

Tesla installs 'autopilot' update

GMT 06:17 2012 Monday ,02 January

Countries across the world celebrate the New Year

GMT 04:07 2016 Tuesday ,07 June

For new era of self-driving cars

GMT 08:21 2017 Saturday ,23 December

Saudi-Sudanese Deal to Ease Transfers

GMT 11:08 2017 Thursday ,21 December

Asian markets mostly down as tax cut euphoria wanes
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday