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Qatar Launches Doha Investment Wealth Platform

Bloomberg Markets •
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Qatar is setting up a dedicated platform to manage and grow its wealth fund's domestic portfolio worth hundreds of billions of dollars, marking a radical reshaping of the gas-rich country's sovereign investing landscape. The platform, Doha Investment, will seek to accelerate long-term value creation and boost private-sector participation in the Gulf nation's economy, Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani said at the Qatar Economic Forum in New York Sunday.