QIA to continue long-term investments in tech, renewable energy post-pandemic – The Peninsula

QIA to continue long-term investments in tech, renewable energy post-pandemic – The Peninsula

Doha: The Qatar Investment Authority (QIA), one of the largest sovereign wealth funds in the world, will continue to grow its diverse portfolio with long-term investments in technology and renewable energy – two sectors which have seen massive growth in funding during the COVID-19 pandemic.

Speaking to The Peninsula on the sidelines of the Doha Forum yesterday, Chief Investment Officer at QIA (Americas) Mohammad Saif Al Sowaidi (pictured), who was also a panel speaker during the event, said the Qatari sovereign wealth fund’s recent investments mirror the changes in consumer behavior in the last two years.

“QIA as a sovereign fund has a very big diversified portfolio that touches upon different spectrums of the industries, the economies, and investment themes. And whenever big events like the pandemic happen, which result in potential changes in consumer behavior, preferences and lifestyle, as an investor you want to invest in businesses that you believe are the net beneficiaries out of these changes. Technology has always been a big area of investment for QIA. Post-pandemic, we will continue investing in technology, renewable energy, healthcare, education, as well as in other areas such as retail and real estate,” Al Sowaidi said.

Some of the QIA’s recent tech investments