Qatar plans to invest up to €1bn (US$1.34bn) in small and medium-sized Greek companies, the Gulf state’s prime minister said.
The oil and gas-rich state signed an agreement Tuesday to invest in the country with Sheikh Hamad bin Jassim al-Thani confirming that Qatar is “ready” to put up the investment required, Bloomberg reported.
Sheikh Hamad said the Gulf state had discussed investment opportunities in tourism, energy, transport and communication sectors.
Qatar has extended its support to European countries in the wake of the European debt crisis. In November, Qatar Holding, agreed to invest up to €2bn in Italian companies over the next four years.For all the latest business news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
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