Tuesday, May 21, 2024

Qatar Investment Authority (QIA) Builds Regional Hub in Singapore

In an effort to expand the group portfolio, Qatar Investment Authority (QIA) is developing a regional hub in Singapore. The development is said to help amplify QIA presence in the Southeast Asia region.

Earlier this year, a representative for QIA confirmed that its subsidiary, QIA Advisory (Asia Pacific) Pte. Ltd would act as the organisation platform in sourcing investment opportunities in the region.

QIA Chairman, Sheikh Mohammed bin Abdulrahman Al Thani confirmed that the Asia region has very much captured the organisation’s investment attention, however, with North American deals remain a priority.

Founded by the state of Qatar in 2005, the QIA is Qatar’s sovereign wealth fund in an effort to strengthen the country’s economy by diversifying into new asset classes. In 2021, the QIA had an estimated $300 billion of assets and rank as the world’s 11th-largest wealth fund, based on the report from the Sovereign Wealth Fund Institute.

Our Shows

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img

Most Popular

Recent Comments

DarrickUnwix on ASIA AEROTECHNIC