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FinancialNews


  • 07-08-19

    Qatar climbs to USD13b in investments with Russia

    (MENAFN) First Secretary at the Qatari Embassy to Russia, Rashid bin Majid Awad Al Suwaidi revealed USD13 billion to have been sealed in the volume of Qatari-Russian investments.

    Qatar currently owns 19 percent shares in the Russian oil giant Rosneft, allowing for the current joint investments between the GCC nation and Russia.

    During a meeting, Qatari and Russian sides explored means to bolster and deepen bilateral collaboration among business owners and firms from the two countries.

    Al Suwaidi added that the anticipated Economic Forum is expected to be joined by over 20,000 participants as well as more than 1,000 Russian companies.

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