Latest news with #QatarInvestmentAuthority
Qatar Tribune
a day ago
- Politics
- Qatar Tribune
Macron congratulates PSG players after jubilant victory parade
PARIS: French President HE Emmanuel Macron welcomed players and staff of Paris Saint-Germain at the presidential Élysée Palace on Sunday and congratulated them for their historic win in the Champions League final against Inter Milan. Earlier, the team paraded through the Champs-Élysées on a coach bus to celebrate their victory among crowds of fans. Macron praised the role of Qatar Investment Authority and appreciated the efforts of President of Paris Saint-Germain Club HE Nasser Al-Khelaifi, during the team's official reception at Elysee Palace after being crowned with the UEFA Champions League title.
Wall Street Journal
2 days ago
- Business
- Wall Street Journal
The Coach Who Took a Cursed Job and Became a European Champion
Over the past decade, coaching Paris Saint-Germain had turned into one of the most cursed jobs in sports. Even though the club showered its managers with cash and armed them with superstar players, the bar for success seemed unattainably, impossibly high. PSG's ownership, a branch of the sovereign-wealth fund of Qatar, had made things brutally clear: It was Champions League or bust.
The Sun
23-05-2025
- Business
- The Sun
China approves Qatar sovereign fund to buy a tenth of its top asset manager
HONG KONG: China has given approval for Qatar's sovereign wealth fund to acquire a stake of 10% in its second-largest mutual fund company, the first such investment in the sector by a major Middle East investor at a time of rising tension with the West. China's securities watchdog approved the Qatar Investment Authority (QIA) to become a stakeholder in China Asset Management Co (ChinaAMC), an official filing by the China Securities Regulatory Commission showed on Thursday. The price of the stake was not disclosed. Earlier filings by ChinaAMC's largest shareholder showed the 10% ownership would not be priced at less than $490 million. In April last year Reuters first reported the sovereign fund had agreed to invest in the Chinese fund house. QIA will become the third-biggest shareholder in ChinaAMC, which has assets of more than 1.8 trillion yuan ($249.98 billion)£¬and provides mutual funds and exchange traded funds to retail and institutional investors. The deal was approved amid a flurry of activity between China and Gulf countries aiming to deepen political, economic and financial ties.
The Sun
23-05-2025
- Business
- The Sun
QIA gets green light for 10% stake in ChinaAMC
HONG KONG: China has given approval for Qatar's sovereign wealth fund to acquire a stake of 10% in its second-largest mutual fund company, the first such investment in the sector by a major Middle East investor at a time of rising tension with the West. China's securities watchdog approved the Qatar Investment Authority (QIA) to become a stakeholder in China Asset Management Co (ChinaAMC), an official filing by the China Securities Regulatory Commission showed on Thursday. The price of the stake was not disclosed. Earlier filings by ChinaAMC's largest shareholder showed the 10% ownership would not be priced at less than $490 million. In April last year Reuters first reported the sovereign fund had agreed to invest in the Chinese fund house. QIA will become the third-biggest shareholder in ChinaAMC, which has assets of more than 1.8 trillion yuan ($249.98 billion)£¬and provides mutual funds and exchange traded funds to retail and institutional investors. The deal was approved amid a flurry of activity between China and Gulf countries aiming to deepen political, economic and financial ties.
Al Arabiya
23-05-2025
- Business
- Al Arabiya
China approves Qatar to buy a tenth of its top asset manager
China has given approval for Qatar 's sovereign wealth fund to acquire a stake of 10 percent in its second-largest mutual fund company, the first such investment in the sector by a major Middle East investor at a time of rising tension with the West. China's securities watchdog approved the Qatar Investment Authority (QIA) to become a stakeholder in China Asset Management Co (ChinaAMC), an official filing by the China Securities Regulatory Commission showed on Thursday. The price of the stake was not disclosed. Earlier filings by ChinaAMC's largest shareholder showed the 10 percent ownership would not be priced at less than $490 million. In April last year Reuters first reported the sovereign fund had agreed to invest in the Chinese fund house. QIA will become the third-biggest shareholder in ChinaAMC, which has assets of more than 1.8 trillion yuan ($249.98 billion),and provides mutual funds and exchange traded funds to retail and institutional investors. The deal was approved amid a flurry of activity between China and Gulf countries aiming to deepen political, economic and financial ties. ($1 = 7.2005 Chinese yuan renminbi)
