Qatar: Spending Cash Abroad | Global Finance Magazine
Sizable energy-crisis returns lead Qatar to diversify its investments globally.
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Sizable energy-crisis returns lead Qatar to diversify its investments globally.
After the launch of Ennismore, a new joint venture between Accor (which holds a majority shareholding) & Sharan Pasricha in October 2021 as the world’s leading lifestyle hospitality company, Accor today announces it is entering into exclusive negotiations to sell a 10.8% stake in Ennismore to a Qatari consortium for a total amount of €185 million, to include €20 million of Shari’a compliant financing by Qatar First Bank LLC (Public) to the Qatari consortium’s investment vehicle.
Accor said on Tuesday it has begun exclusive talks to sell an 11 percent stake in Ennismore to a consortium of Qatari investors.
<p><span>Qatar Central Securities Depository Company (QCSD) announces the completion of registering the Rights of Qatar First Bank.</span></p> <div><span><br /></span></div> <div class="dombanner" data-keyword="Data Management"></div>
The Qatar Stock Exchange on Thursday gained 141 points to cross the 11,800 levels, mainly on the back of strong buying interests of the Gulf institutions.