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Tribune News Network
Doha
Qatar Investment Authority (QIA) has reaffirmed its long-term commitment to the United Kingdom through a strategy of continuous, gradual investment and increased diversification, QIA has said in a statement.
“QIA has built a world-class portfolio of assets within the United Kingdom and successfully established partnerships with several leading British financial institutions,” said CEO Mansoor al Mahmoud
“Against the backdrop of uncertainty created by Brexit, QIA has continued to invest in the United Kingdom, announcing in 2017 an intention to invest an additional 5 billion pounds of investment across all regions of the UK, in sectors including infrastructure, technology and energy.
“With almost 90% of these funds now committed, QIA continues to believe that the UK will fundamentally remain an attractive destination for long-term investment, irrespective of the ultimate outcome of Brexit. We will continue to examine and seek exciting opportunities to grow our UK portfolio and we look forward to strengthening our existing UK partnerships and developing new opportunities for the long-term benefit of both nations,” he added
UK’s Ambassador to Qatar HE Ajay Sharma welcomed Qatar’s display of long-term confidence in the UK.
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22/09/2019
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