Qatar confirms SWF partnership with Abu Dhabi

A senior official at Qatar's sovereign wealth fund has said that it will make a series of joint investments with one of Abu Dhabi's four state-run investment vehicles.

Hussain al-Abdulla, an executive board member of the Qatar Investment Authority, said on Thursday 27 March that the fund was set to partner Abu Dhabi's International Petroleum Investment Company, which manages 90% of the emirate's oil reserves, in creating a $2 billion vehicle for financing global acquisitions.

Each sovereign fu

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