Saturday 23 July 2016

Former Qatar Investment Authority chief: Brexit uncertainty keeps investors at bay | The National

Former Qatar Investment Authority chief: Brexit uncertainty keeps investors at bay | The National:

"Investors will remain hesitant until there is more clarity on Britain’s withdrawal from the European Union, the former head of one of the Arabian Gulf’s biggest sovereign wealth funds has said.

Ahmed Al Sayed, the former chief executive of the Qatar Investment Authority and Qatar Holding – which has invested billions in the UK in assets ranging from Barclays Bank to the iconic Harrods department store – said there would be a "wait and see" approach given the uncertainty over when the ‘Brexit’ will take place.


"Investors in general need clarity, are seeking clarity," he told The National."



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