QIA to form JV with China's CITIC, expand Asia offices
Qatar Investment Authority (QIA), the Gulf state's sovereign wealth fund, will set up a $10 billion joint venture fund with China's CITIC Group.
The two parties signed a memorandum of understanding this week and a deal is expected to be completed in the coming months. Each party will contribute $5 billion to the fund. In a statement, Ahmad Al-Sayed,...
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