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  • 02-10-11

    Qatar Holdings to inject usD1b in European Goldfields

    (MENAFN) Qatar Holdings announced lately that it would inject about usd1 billion in European Goldfields. Ahmad al-Sayed, CEO of Qatar Holdings said that the company would acquire 10 percent stake from the Greek Construction Company Ellaktor and would have an option to buy an additional 5 percent stake. He added that Qatar Holdings will finance the London-listed company operations in Greece with USD600 million. The investment comes a year after Greece signed MoU with Qatar to attract USD5 billion of investment into Greece's debt-ravaged economy.

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