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FinancialNews


  • 22-05-22

    Qatar increases investments in Spain by USD5B

    (MENAFN) On Wednesday, Spanish Premier Pedro Sanchez greeted the Qatari emir’s declaration that his country would increase investments in Spain by USD5 billion in the approaching years.

    Sanchez at the inaugural of the Spain-Qatar business forum stated that “It is, without a doubt, a grand gesture of trust, not only in Spain’s economy but also in its businesses, which will serve to reinforce the already excellent relations between both countries.”

    Sanchez went further on “We all know Qatar is a country opening up to the world, and Spain wants to and can participate in that opening.”

    On the word of Sanchez, Qatar’s investments in Spain by the end of 2019 amounted to €2.6 billion (USD2.73 billion) and created around 14,000 jobs.

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