Qatar spends £3bn as vote of confidence in post-Brexit Britain | Financial Times

Qatar spends £3bn as vote of confidence in post-Brexit Britain | Financial Times:

Qatar has poured almost £3bn into UK real estate and infrastructure during the past 16 months in a vote of confidence in post-Brexit Britain.

Doha has made the investments even as it grappled with its own financial challenges, triggered after Saudi Arabia and three other nations imposed a regional blockade on the gas-rich Gulf state just over a year ago. They include £1.1bn into infrastructure projects and £1.7bn into real estate, Qatari officials said, and are part of a £5bn investment pledge Doha made to the UK in March last year.

“We committed we would do £5bn in three years and we are already ahead of this,” Ali Shareef al-Emadi, Qatar’s finance minister, told the Financial Times. “We expect during the [next] few months [going] forward we are going to do more investments.”