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Benzinga
Benzinga
Politics
Phil Hall

Qatar To Invest $12.5B Into UK Economy: Report

Qatar United Kingdom Economy Boris Johnson Mohammed bin Abdulrahman AlThani Tamim bin Hamad alThani QIA Queen Elizabeth II

The government of Qatar has announced plans to invest £10bn ($12.5 billion) in the U.K. over the next five years, with a focus on major economic sectors including technology, healthcare, infrastructure and clean energy.

What Happened: The Financial Times reported Qatar’s Foreign Minister Sheikh Mohammed bin Abdulrahman Al-Thani stated the funds would be channeled through the Qatar Investment Authority (QIA) over the next five years.

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