QIA won’t invest more in coal: CEO Jan 24, 2020 0 478 12345 Qatar’s sovereign wealth fund is planning to shift to greener assets, according to chief executive officer Mansoor bin Ebrahim al Mahmoud. “We’re not going to invest more in the coal business,” he said on Wednesday in a Bloomberg TV interview in Davos, Switzerland. The Qatar Investment Authority (QIA) also doesn’t plan to significantly expand its holdings in oil and gas. “We have some investment in oil and gas companies; this is a fact, and this is a sector that you cannot ignore,” Mahmoud said. Still, given that Qatar relies heavily on income from natural gas, the fund needs to diversify beyond the energy sector, he said. “So I don’t see that this part of the portfolio will expand that much,” he said. (TNN) RELATED ARTICLES Amir graces Police College graduation Jan 24, 2020 0 1761 Qatar renews call for peaceful resolution of Gulf crisis Jan 24, 2020 0 519 Plans afoot to create safe environment for young motorists at Sealine: Official Jan 24, 2020 0 643 MoFA urges citizens in China to take precaution against new virus The Ministry of Foreign Affairs (MoFA) has called on all Qatari citizens in China to take all necessary precautions against coronavirus. (TNN) Thawadi praises unifying power of sport at WEF (PG 9) Thawadi praises unifying power of sport at WEF Qatar among world’s least corrupt countries QNA Doha Qatar was ranked 30th in the world out of 180 countries in the Transparency International (TI) Corruption Perception Index 2019, advancing three positions compared to last year. The Administrative Control and .. Qatarisation: Public, private sector entities urged to hire 4,000 jobseekers Tribune News Network Doha As part of the Qatarisation drive, the Ministry of Administrative Development, Labor and Social Affairs (MADLSA) has advised public and private sector entities to hire 4,000 jobseekers by ..