Monday, 17 December 2018

#Qatar denies reported plans to raise stake in Deutsche Bank | ZAWYA MENA Edition

Qatar denies reported plans to raise stake in Deutsche Bank | ZAWYA MENA Edition:

The Qatar Financial Centre released a statement on Monday distancing itself from a newspaper report which said it planned to raise its stake in Deutsche Bank.

German newspaper Handelsblatt reported on Sunday that Qatar is considering increasing its stake in Deutsche Bank from a current 6.1 percent holding. 

The state-owned centre's chief executive, Yousuf Mohamed Al-Jaida, reiterated at an event last week that Qatar plans to invest 10 billion euros in Germany over the next decade.

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