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2017-01-26 18:50:00

QATAR'S INVESTMENT TO RUSSIA

QATAR'S INVESTMENT TO RUSSIA

FT - Qatar's sovereign welfare fund is planning to spend a further $2bn in Russia following a triumphant but controversial investment in state oil giant Rosneft.

Vladimir Putin, Russia's president, said on Wednesday that the Qatar Investment Authority would participate in new oil extraction projects in the country, without elaborating further. Abullah bin Mohammed Al Thani, the fund's chief executive, said it would invest a further $2bn on top of $500m of existing investments in the country. Some of the investments would be made jointly with the $10bn sovereign…

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Tags: QATAR, INVESTMENT, RUSSIA, GLENCORE
Chronicle:
QATAR'S INVESTMENT TO RUSSIA
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