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Tuesday, 13 December 2016

Qatar sovereign fund tells Washington will invest $10 billion in U.S. infrastructure: sources | Reuters

Qatar sovereign fund tells Washington will invest $10 billion in U.S. infrastructure: sources | Reuters:
"The head of Qatar's sovereign wealth fund has told U.S. officials it will invest $10 billion in infrastructure projects inside the United States, sources said, in an apparent boost to the economic plans of president-elect Donald Trump.

Sheikh Abdullah bin Mohamed bin Saud al-Thani, chief executive of the Qatar Investment Authority (QIA), delivered the message to officials including Charles Rivkin, U.S. assistant secretary of state for economic and business affairs, in Doha on Monday, a Qatari official and another source close to the QIA told Reuters.

No time frame was given for the investment. Both the QIA, one of the world's largest sovereign funds, and a spokesman for the U.S. embassy in Qatar declined to comment."

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