Qatar yesterday said it would invest ¤300m in Spanish banks besides seeking tie-ups with Spain in several other investments.
“We discussed details of Memorandum of Understanding on investment in infrastructure in Spain and Qatar’s investment interests in other fields, especially in Spanish banks. There is a commitment in principle that Qatar is investing ¤300m to these banks as capital,” said the Prime Minister and Foreign Minister
H E Sheikh Hamad bin Jassem bin Jabor Al Thani addressing a joint press conference with his Spanish counterpart José Luis Rodríguez Zapatero.
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