Qatar FM: Sovereign fund could invest in Saudi Arabia as tensions ease

Qatar FM: Sovereign fund could invest in Saudi Arabia as tensions ease

Qatar FM: Sovereign fund could invest in Saudi Arabia as tensions ease

Qatar FM: Sovereign fund could invest in Saudi Arabia as tensions ease

Sheikh Mohammed bin Abdulrahman Al-Thani said Qatar's sovereign wealth fund could invest in Saudi Arabia as diplomatic tensions ease. (File/SPA)

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Qatar FM: Sovereign fund could invest in Saudi Arabia as tensions ease

The minister said that Doha had agreed to suspend legal cases against Saudi Arabia and its allies

He said that through the easing of tensions in the region, "every state is a winner“

Updated 10 January 2021

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DUBAI: Qatar's foreign minister has said that the country's sovereign wealth fund could invest in Saudi Arabia and other Gulf states as diplomatic tensions ease following the AlUla agreement.

Sheikh Mohammed bin Abdulrahman Al-Thani, who is also chairman of the Qatar Investment Authority, told the Financial Times that "if there are opportunities that we see in the future and we see a continuation of the political will of the countries to engage, we are very open.“

He added: "The Qatar Investment Authority is an investment fund that takes its decisions based on business benefit and the feasibility of projects. I am sure that we saw some ambitious opportunities in the Kingdom of Saudi Arabia, and if we