Qatar buys stake in Credit Suisse
Qatar: Tuesday, February 19 - 2008 at 11:33
Qatar has bought shares in Credit Suisse, and plans to spend as much as $15bn on European and US bank stocks during the next 12 months, reported Bloomberg, citing Qatar's Prime Minister and Foreign Minister H E Sheikh Hamad bin Jassem bin Jabor Al Thani. The Premier also said Qatar is creating $1bn funds in Finland and Malaysia similar to the fund the Qatar Investment Authority announced in December that it was starting with Indonesia.
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Jeff Florian, Senior ReporterTuesday, February 19 - 2008 at 11:33 UAE local time (GMT+4)
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