Latest news with #MohammedAlSowaidi
Qatar Tribune
20-05-2025
- Business
- Qatar Tribune
QIA sees US outlays doubling after $500 bn pledge
Tribune News Network Doha Qatar's wealth fund is set to see its annual outlays into the US double in coming years on the back of a $500 billion investment pledge. 'We believe in the growth and robustness of the US system,' Qatar Investment Authority Chief Executive Officer Mohammed Al Sowaidi said. The fund will likely double — and in some years more than double — its US spend compared to the past five or six years, he said at the Qatar Economic Forum in Doha on Tuesday. The comments come days after Al Sowaidi pledged to invest an additional $500 billion in the US over the next decade, an amount that's nearly equal the fund's current size. The sweeping new outlays will target areas traditionally favoured by the fund — such as artificial intelligence, data centers and health care — while also aligning with US President Donald Trump's agenda to reindustrialise the US, Al Sowaidi has previously said.
Asharq Al-Awsat
20-05-2025
- Business
- Asharq Al-Awsat
Qatar's QIA Plans to at Least Double Annual US Investments over Next Decade
Qatar's sovereign wealth fund (QIA) is planning to at least double its annual US investments in the next decade, its CEO said on Tuesday, after the fund has already pledged to invest $500 billion in the US economy over the next 10 years. President Donald Trump visited Doha last and signed agreements with Qatar's Emir Sheikh Tamim bin Hamad Al-Thani that the White House said would generate an economic exchange worth at least $1.2 trillion, and included a $96 billion sale to Qatar Airways, Reuters reported. When asked on how the fund's annual investment into the US would change since previous years, CEO Mohammed Al Sowaidi said: "It increased the pace for sure. So I think some years probably increased by double, some years probably buying more than double what we've been doing for the past five to six years."
Trade Arabia
20-05-2025
- Business
- Trade Arabia
Qatar fund sees US outlays doubling after $500bn pledge
Qatar's wealth fund is set to see its annual outlays into the US double in coming years on the back of a $500 billion investment pledge. 'We believe in the growth and robustness of the US system,' Qatar Investment Authority Chief Executive Officer Mohammed Al Sowaidi said, according to a Bloomberg report. Al Sowaidi was speaking during a panel at the Qatar Economic Forum, powered by Bloomberg. The fund will likely double — and in some years more than double — its US spend compared to the past five or six years, he said. The comments come days after Al Sowaidi pledged to invest an additional $500 billion in the US over the next decade, an amount that's nearly equal the fund's current size. The sweeping new outlays will target areas traditionally favoured by the fund — such as artificial intelligence, data centers and health care — while also aligning with US President Donald Trump's agenda to reindustrialise the US, Al Sowaidi has previously said. The government of the State of Qatar is the underwriter of the Qatar Economic Forum, Powered by Bloomberg.
Arab News
20-05-2025
- Business
- Arab News
Qatar's QIA plans to at least double annual US investments over next decade
DOHA: Qatar's sovereign wealth fund is planning to at least double its annual US investments in the next decade, its CEO said on Tuesday, after the fund has already pledged to invest $500 billion in the US economy over the next 10 years. President Donald Trump visited Doha last week during his high-profile Gulf tour that focused on major business deals and leveraged rehabilitated relations with a key US ally for investment commitments. He signed agreements with Qatar's Emir Sheikh Tamim bin Hamad Al-Thani that the White House said would generate an economic exchange worth at least $1.2 trillion, and included a $96 billion sale to Qatar Airways. But it did not offer a comprehensive breakdown. When asked how the fund's annual investment into the US would change since previous years, CEO Mohammed Al-Sowaidi said: 'It increased the pace for sure. So I think some years probably increased by double, some years probably buying more than double what we've been doing for the past five to six years.'
Bloomberg
20-05-2025
- Business
- Bloomberg
Qatar's $524 Billion QIA Warns Private Credit Is Getting Crowded
As one of the hottest asset classes right now, private credit has drawn major interest from the Middle Eastern sovereign wealth funds, including Mubadala Investment Co. and Abu Dhabi Investment Authority. Their counterpart in Qatar, however, appears to be taking a more cautious view. 'It's becoming a very crowded market,' said Mohammed Al Sowaidi, head of the $524 billion Qatar Investment Authority. One of the major pitfalls when investing in private credit is that it may look like a credit piece but in reality it's more of an equity story, Al Sowaidi said.
