Qatar Creates Local Investment Unit

Qatar has announced the establishment of a new division within the Qatar Investment Authority called "Doha Investment," with the aim of developing local investments, supporting national companies, and increasing private sector participation in the economy. This division will be responsible for managing the local portfolio, which includes over 45 state-owned companies representing about one-third of the assets of the sovereign wealth fund, including entities such as Qatar Airways, the National Bank, and Ooredoo. The division’s goal is to build leading companies, support privatization, and achieve economic diversification, with a focus on non-hydrocarbon sectors, technology, and healthcare to promote growth and create high-skilled jobs. Upon launch, the company's portfolio will exceed 40 companies offering services and products in more than 80 markets worldwide, with plans to expand and strengthen domestic economic activities to generate high economic value for the nation.

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