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Tue 21 Aug 2012 11:15 AM

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How Qatar is spending its billions

Arabian Business takes a look some of the biggest investments Qatar has made this year so far

How Qatar is spending its billions
How Qatar is spending its billions

After a relatively quiet year for investments in 2011, Qatar has again caught the global eye in 2012 with an impressive array of international acquisitions.

Click here to see how Qatar is spending its billions

The latest of these blockbuster investments arrived on 17 August, when Qatar Holding announced that it had agreed terms to buy a 20 percent stake in the company which owns BAA, the UK-based airport operator, in a deal worth GBP£900m (US$1.41bn).

Spanish infrastructure firm Ferrovial said it had reached an agreement to sell 10.62 percent of FGP Topco Ltd, the holding company which owns BAA, to Qatar Holding for £478m.

As part of the same transaction, Britannia Airport Partners and GIC have also sold to Qatar Holding shares equivalent to 5.63 percent and 3.75 percent respectively, making Qatar Holding’s total purchase of shares equal to 20 percent.

The deal marked the latest big money buy to come out of the gas-rich Gulf state, which already this year has racked up assets across Europe, in industries ranging from hospitality, to real estate, to retail.

Click here to see how Qatar is spending its billions

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Andy 7 years ago

One can only wonder why they are not spending billions on investments in Dubai..

jason 7 years ago

Indeed we all can and do Andy. Indeed.
A very prescient comment.

Khaled 7 years ago

because they see that Dubai is current and Doha is the future, so Dubai considered as a rival city for Qataries, and they don’t see much of direct investment opportunity out there. I have to admit that am impressed so far with their investment strategy and allocation of funds.

elle 7 years ago

Besides Qatar has interests in Dubai already - since they are the ones who backed the building of the Burj Khalifa once the local UAE investors ran out of funds.
Do not underestimate the power of this country.. especially if they continue to diversify their investments and considering the large sums available

WHJ 7 years ago

Andy. One can also only wonder why they are not spending billions on investments in the US...

Qatari 7 years ago

Actually, it was Sheikh Khalifa Bin Zayed who did, hence the name Burj Khalifa

WHJ 7 years ago

Telecoguy. Do you even realize how much you bore us with your comments? The majority of Qatar's investments is in Europe and Asia. Very little goes to the US. So spare us your skewed figures and do your homework before posting such irresponsible comments.

jason 7 years ago

other way round actually WHJ.

you just want to insult anyone with a far superior intellect who puts your comments to shade based on facts, not personalities.

It is a pity that you cant keep up but please try to.

WHJ 7 years ago

Jason. No, it is not the other way round, and it is a pity you support people who distort facts and figures. Feel free to think of yourself as a phsychoanalyst (albeit a bad one) but your interpretation of my comments is juvenile, small-minded and pathetic. If, in your opinion, superior intellect means misrepresenting facts then you are completely misguided.
If you want to defend someone, at least don't discredit yourself in the process.

WHJ 7 years ago

Telcoguy. Please read the following excerpt : "Doha (AsiaNews/Agencies) - Qatar invested US$ 4.3 billion in the past 12 months to buy up European companies, assets, luxury properties and football teams, making it largest sovereign property buyer in the European Union. The deals including the London Olympic Village and a mall on Paris' Champs Elysees, this according to research by Real Capital Analytics (RCA), a market research and commercial real estate information service provider.....Since 2007, Qatar invested more than US$ 7 billion in real estate, mostly in London and Paris....."
The above actually supports my claim that the majority of Qatar's investment is in Europe, not in the US. These are facts, and if you find them entertaining then so be it, but do us the courtesy of admitting reality, and not your version of it.