Mubasher: Qatar Investment Authority (QIA) on Monday announced that its board of directors is planning a strategy to expand investments in the six member states of the Gulf Cooperation Council (GCC).
“The current strategy allows the fund to invest up to 15% of its assets in GCC countries other than Qatar; the proposed new strategy would remove this limit,” according to Reuters.
The Qatar Investment Fund has total net assets of $97.1 million as of 30 September, Reuters added.
