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The investment arm of Qatar’s sovereign fund, Qatar Invest Authority (QIA) has reportedly agreed to buy London’s iconic Grosvenor House hotel as part of the Gulf country’s economy diversification plan amid its ongoing isolation in the region by neighbors. US Read more
Qatar is looking to pump in Germany’s economy billions of dollar of investment as it seeks to deepen its foothold in the European Union (UE) economic powerhouse. A report by Handelsblatt, a German newspaper specialized in economic news, revealed that Read more
Qatar’s Katara Hospitality has emerged as the new owner of New York’s palace-like Plaza Hotel after it splashed out around $600 million on the property near Central Park. Hotel owner, India’s Sahara Group agreed to let to property to the Read more
Tunisia is multiplying its efforts to revive its struggling tourism sector after the Arab Spring which led to the end of the Mubarak regime discouraged tourists to visit the country. Tourism is an important sector to the national economy and Read more
In a bid to reduce its cost of operation and invest in richer markets, Switzerland’s second-biggest bank is reducing its investment banking team in Dubai as it takes some of them to Qatar. According to sources, Credit Suisse taking its Read more