Qatari Diar, the property investment arm of the Qatar government, is cutting back staff and restructuring management as part of a re-evaluation of its business plans.
The changes include a new chairman, the Qatar finance minister Yousef Hussein Kamal, who last month replaced the Qatar prime minister Sheikh Hamad Al Thani.
Qatari Diar has not confirmed the change, but sources close to company say Mr Kamal has been in the position for a month.
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