Tuesday 6 November 2012

Qatar may invest 10 bn euros in French firms: envoy - Yahoo! News Maktoob

Gas-rich Qatar may invest up to 10 billion euros ($12 billion) in big French firms, the ambassador of the Gulf state in France told AFP on Tuesday.
France has proved attractive to Qatari investors who have bought Paris Saint-Germain football club and acquired three percent of energy giant Total as well as stakes in building firm Vinci and in media group Lagardere.
"The 10 billion euros will be Qatari funds in the big French groups for joint projects and for partnerships in third nations," said Mohamed Jaham Al-Kuwari.

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