Business Finance

Qatar deposits $1bn in Egypt’s Central Bank

The Qatar Investment Authority (QIA) deposited $1 billion at the Central Bank of Egypt (CBE) at the time the Gulf country was close to a deal to acquire a government stake in some of the major companies in the North African country, Asharq Business reports, citing informed sources. The funds, the sources told the media, […]

Business Finance

Qatar-backed Group One plans US IPO

Group One Holding, a Singapore-based company backed by Qatar’s wealth fund, Qatar Investment Authority (QIA), is considering a US initial public offering (IPO), reports say. The company is reportedly changing its legal domicile to the Cayman Islands from Singapore as a step towards the listing. Group One Holdings is Asia’s largest global sports media platform […]