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QIA to invest over $1 billion in venture capital funds

Qatar's sovereign wealth fund on Monday said it would invest over $1 billion in international and regional capital funds as part of a strategy to develop the venture capital and start-up sector in the gas-rich Gulf state and neighbouring states. Qatar Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani announced the launch of the fund, which Qatar Investment Authority (QIA) said in a statement would only invest in venture capital funds. The so-called venture capital "Fund of Fund...
Abdulrahman Al Emelia Sithole Matarise Alexander Cornwell Muhammad Al Gebaly Sheikh Mohammed Adam Makary
Source: yahoo.com

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