UPDATE 1-Qatar sovereign fund said to plan new foreign investments despite sanctions:
"Qatar's sovereign wealth fund, with around $300 billion to its name, is shrugging off the country's diplomatic crisis with its neighbours and planning to expand its holdings.
Its chief executive was quoted on Wednesday as saying there were no plans to liquidate foreign assets -- as some investors had speculated -- and that the fund would soon announce big new international investments.
"We have just completed a tour of several countries around the world and you will hear about significant investments soon," Sheikh Abdullah bin Mohamed bin Saud al-Thani, who runs the Qatar Investment Authority, told the Lusail newspaper."
'via Blog this'
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