Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Qatar - CEO of QIA Outlines the Key Focusses of the Fund  Join our daily free Newsletter

MENAFN - Qatar News Agency - 16/02/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Qatar News Agency) HE the CEO of Qatar Investment Authority (QIA) Ahmad Al-Sayed has said that the strategy of QIA is mainly inspired by the vision of HH the Emir Sheikh Tamim Bin Hamad Al Thani, Chairman of QIA, considering the QIA as a saving fund for the future.



Al-Sayed was speaking publicly for the first time since his appointment to confirm the vision for QI



In an interview with Bloomberg Television in London, HE Al-Sayed said, "The QIA is working with a professional management team to enhance our return and achieve our objective." Al-Sayed outlined some of the key focuses for QIA, stressing that it is a global fund open to partnerships all over the world and not limited or restricted to a specific area or a countr



The objectives of the QIA is to be managed on business rules and principles and achieve reasonable financial revenue



Replying to a question on the fund's keenness to invest in the UK, HE Al-Sayed highlighted that "Britain is one of our main destinations for investmen



The successful deals resulted in good revenues to everyone and the QIA was happy to invest more in the UK when the right opportunity came alon



"Britain in one of our major destinations of our investment, It has a great system with great regulation



We have Harrods, we have other investments in Britain like Barclays, Sainsbury, Canarywharf and London Stock Exchange. We are happy to invest more when opportunities come along," Al-Sayed elaborate



Speaking about successful deals, Al-Sayed said, "QIA sees success as making a deal on the right terms and making it a win-win for everyon



Because if it is a win-win to both parties, it will be a sustainable and long-term investmen



It's not about big, it's about quality and showing a good result. We are a global fun



We invest globally, we diversify our assets geographically and by asset classes, and we have asset allocations so we will invest whenever the opportunity comes." HE Al-Syed noted that, on the basis of clear conditions and risk rules the QIA has helped its partners when asked t



He set Barclays and Credit Suisse as examples of this hel



"We helped in the merger between Porsche and Volkswagen into one group, and this applied also on the merger between Glencore and Xstrat



We create long-term value for the management, for the shareholders and even for the countries we invest i



We welcome this type of investment and will be happy to discuss opportunities with anyone who has a good idea", he adde



Commenting on global market opportunities, Al Sayed continued by saying: "Europe is doing fine, America is seeing sustained growth, while the Emerging markets could be interesting in light of their volatilities and the pressures they are subjected to as a result of the US Federal Reserve tapering polic

 






  MENA News Headlines
 Jul 30 2014 - Safe haven status boosts investment scope in UAEspanKhaleej Times
(MENAFN - Khaleej Times) E political situation in the region has made Dubai into a magnet for families from across the region to set up home and establish regional or global offices for their ...

 Jul 30 2014 - Tech Mahindra eyes expansion in Saudi ArabiaspanKhaleej Times
(MENAFN - Khaleej Times) Ch Mahindra a specialist provider of connected solutions has announced that it has signed a joint venture agreement with Midad Holding which is a subsidiary of Al Fozan a ...

 Jul 30 2014 - Middle East earns 1 of global market research revenuesspanKhaleej Times
(MENAFN - Khaleej Times) E entire Middle East region earned only a meager one per cent of the global market research revenues which indicates the potential for market research that is prevalent in ...

 Jul 30 2014 - Dewa to show smart initiatives at Gitex 2014spanKhaleej Times
(MENAFN - Khaleej Times) Bai Electricity and Water Authority or Dewa has announced its participation in Gitex 2014 to be held from October 12-16 at the Dubai World Trade Centre.Dewa will showcase its ...

 Jul 30 2014 - Sico first-half net profit jumps 166spanKhaleej Times
(MENAFN - Khaleej Times) Curities & Investment Company or SICO licensed by the Central Bank of Bahrain as a conventional wholesale bank announced its financial results for the second quarter of 2014 ...

 Jul 30 2014 - Taqa Arabia eyes Egypt expansionspanKhaleej Times
(MENAFN - Khaleej Times) Laa Holdings announced that its energy sector subsidiary Taqa Arabia aims to expand its network of fuel stations in Egypt through Taqa oil marketing company.The company ...

 Jul 30 2014 - Real estate to pick up from next week: Industry expertspanKhaleej Times
(MENAFN - Khaleej Times) Bai Land Department transactions exceeded Dh113b for H1 The real estate market in Dubai is expected to pick-up again from next week after a slowdown during the last couple of ...

 Jul 30 2014 - Memon to hand over five projects in 2014spanKhaleej Times
(MENAFN - Khaleej Times) Mpany working on Dh1.Memon Investments has planned to hand over five projects worth more than Dh600 million in the next five months and is also planning to launch five new ...

 Jul 30 2014 - ADFD funding in underdeveloped countries hit Dh61bspanKhaleej Times
(MENAFN - Khaleej Times) E development finance institution articulates the UAEs continued commitment to support the development process of emerging countries.An exterior view of power plant in ...

 Jul 30 2014 - UK and US preferred by Arab travellers: MarriottspanKhaleej Times
(MENAFN - Khaleej Times) E US takes the lead when it comes to bookings with 20 per cent of all reservations closely followed by the UK which accounts for 16 per cent.Marriott International has ...

more...


 






Google

menafn.com

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help