An investment fund run by Qatar’s government says it will team with an Italian holding company to channel up to €2 billion ($2.5 billion) to traditional Italian industries, including fashion, food and furniture design.
Monday’s announcement of the four-year deal comes during a visit to Qatar by Italian Premier Mario Monti. It lists no specific companies for the new investments, but it deepens Italy’s commercial links for Qatar, which already controls the Italian fashion house Valentino.
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