CONFIRMED: QIA Did Repatriate $20 Billion to Support Local Banks
Posted on 04/10/2018
Confirmed (again) in a recent Qatar bond prospectus, the Qatar Investment Authority (QIA) had repatriated approximately US$ 20 billion to help assist and provide financial banking to the country’s domestic banking industry. Qatar is planning a U.S. dollar-denominated debt raise. The reason for the repatriation is that Qatar is still under the ongoing Saudi Arabian-led […]