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Tag: Qatar

Posted on September 1, 2023

Qatar records $2.74bln budget surplus in Q2

Total revenue for the second quarter stood at 68.4 billion riyals, of which 28.2 billion was non-oil revenue, the Qatar News Agency statement added …
Posted on August 30, 2023

Qatar Investment Authority purchased Park Lane Hotel for $623m

The Qatar Investment Authority (QIA) has purchased the Park Lane Hotel, New York, which was formerly caught up in the 1Malaysia Development Berhad (1MDB) scandal, reported Bloomberg. According to city …

( read original story …)



Posted on August 30, 2023

Masraf Al Rayan introduces ‘innovative’ Green Vehicle Finance Campaign

In collaboration with Qatar Airways Privilege Club, customers who choose to finance an electric or hybrid vehicle through this campaign will receive up to 50,000 bonus Avios points. The campaign …
Posted on August 28, 2023

Qataris shell out $623M for storied Park Lane Hotel

The Qatar Investment Authority paid nearly $623 million to acquire the 46-story hotel at 36 Central Park South from Steve Witkoff’s company, property records show. PincusCo first reported the sale. It …

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Posted on August 28, 2023

Middle Eastern nation assumes ownership of Manhattan hotel in $623M deal

The Qatar Investment Authority has taken over ownership of Manhattan’s controversial Park Lane Hotel in a deal worth about $623 million, property records show.

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Posted on August 28, 2023

Qatari fund acquires Manhattan hotel in $623M deal

The Qatar Investment Authority has taken over ownership of Manhattan’s controversial Park Lane Hotel in a deal worth about $623 million, property records show.

( read original story …)



Posted on August 28, 2023

Manhattan Hotel Once Linked to 1MDB Scandal Sells to Qataris

A Manhattan hotel once caught up in the 1MDB scandal was sold to Qatar’s sovereign wealth fund after spending years on the market.The Qatar Investment Authority has paid nearly $623 million for the …

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Posted on August 25, 2023

Treasurer echoes Joyce on Qatar Airways decision

Jim Chalmers says allowing Qatar Airways to land more flights in Australia is not in the national interest; the AEC is encouraging Australians to write ‘yes’ or ‘no’ on their ballot papers when voting …

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Posted on August 25, 2023

Saudi Arabia’s soccer spending spree reshapes Middle East sports sector

Al-Monitor PRO Trend Report 3,917 words IntroductionA year ago, the soccer world’s center of gravity revolved around Qatar’s $300 billion FIFA World Cup, which culminated in Argentina’s thrilling …
Posted on August 25, 2023

Saudi Arabia considering Chinese bid to build nuclear plant, report says

Chinese bid proposes nuclear plant near the border with Qatar and UAE, according to Wall Street Journal report.

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