The new fund will be run by Qatar Holding, Qatar Petroleum International and Qatar Electricity and Water Company.
In April, Versace CEO Gian Giacomo Ferraris said the house may consider opening the company to outside investors to help fund expansion
Airline will be keeping its fingers crossed for a smooth summer schedule – as will Boeing as it resumes B787 deliveries
Boeing said on May 2 that it had begun offering the new 777X mini-jumbo jet.
Centrica and QPI said in April they would buy Suncor Energy Inc’s gas business in Canada for C$1 billion ($986.73 million) in their first acquisition.
The IPO has been postponed pending necessary approvals.
Under the deal, the companies would send up to 15.6 million tonnes of LNG each year to their South Hook terminal in Wales from the Golden Pass plant in Texas.
With a steady availability of capital, Qatar’s sovereign wealth fund has been making opportunistic investments around the world, especially in Europe.
The resort will be operated by Anantara Hotels & Resorts, which is opening a resort on Palm Jumeirah in Dubai in September.
The first property under the new brand is due to open on The Pearl, Qatar in September.
The airline announced route expansion on three continents together with a huge increase in capacity in Pakistan.
Emirates and Qatar Airways are expected to be among the first and possibly biggest customers for Boeing’s latest aircraft.
A source has said Qatar Solar Technologies (QSTec) is willing to take a minority stake in the German solar company.
The deal is being channelled through Qatar Foundation Endowment.
A burst of inflation could disrupt Qatar’s infrastructure programme being developed for the 2022 FIFA World Cup.
Akbar Al Baker slams US aircraft maker for delays but says the Dreamliner should never have been grounded in the first place.
All operational 787s were grounded in January but on Wednesday Qatar Airways flew one on a return flight from Dubai to Doha.
QIB last tapped the market with a $750 million five-year sukuk in October as part of its $1.5 billion sukuk programme.
The telecoms group made a net profit of 808 million riyals ($222 million) in the three months to March 31, up from 711 million in the year-earlier period.
The Islamic lender made a net profit of 291.1 million riyals ($79.99 million) during Q1, compared with 387.7 million riyals in the same period a year ago.
In Dubai, heavy buying of mid-cap stocks pushed the index up 1.6 per cent to its highest close since November 2009.
The first of its four daily London flights, QR075, is currently listed as a Dreamliner service on its booking engine – as is the return flight (QR076).
Construction of the $1.5 billion condensate refinery is expected to be completed by the second half of 2016.
Sandro Rosell negotiated the club’s $39.25 million sponsorship deal with Qatar Sports Investments.
Qatar has promised to hold a carbon-neutral World Cup and so is researching solar-powered cooling technology.
Boeing said planes wll be modified “in approximately the order they were delivered” and the expectation is they will be flying again in May.
The Train 3 unit produces 3.2 million tonnes of LNG annually
Arms exports are a sensitive issue in Germany given the role arms makers like Krupp played in fuelling 19th and 20th century wars.
The UAE telecoms operator has already secured the backing of 12 banks and up to four more could join.
Kyle Whitehill will replace outgoing chief executive Richard Daly from June.