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Qatar 1 min read

Qatar Reshapes Its Wealth Fund Strategy With New Local Platform

Source: Bloomberg
Buildings in the Qatar Financial Centre in Doha, Qatar. Photographer: Christopher Pike/Bloomberg
Buildings in the Qatar Financial Centre in Doha, Qatar. Photographer: Christopher Pike/Bloomberg
Qatar is setting up a dedicated platform to manage and grow its wealth fund’s domestic portfolio worth hundreds of billions of dollars, marking a radical reshaping of the gas-rich country’s sovereign investing landscape.

The platform, Doha Investment, will seek to accelerate long-term value creation and boost private-sector participation in the Gulf nation’s economy, Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani said at the Qatar Economic Forum in New York Sunday.

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