QUICK LINKS

×
  • World
  • Updated: May 18, 2022

Qatar To Invest $5 Billion In Spain's Post-Covid Recovery

Latest News

Quadri Adejumo
Quadri Adejumo

Quadri Adejumo is a reporter and a column writer. He covers news on World, Diaspora and Health.

More From this Author

Qatar's $300 billion sovereign wealth fund plans to invest $5 billion in Spanish projects.

The Middle East Monitor reports on Wednesday that Spain's Prime Minister Pedro Sanchez said that Emir Sheikh Tamim Bin Hamad Al-Thani told an audience at a dinner held in King Felipe's Palace in Madrid that the amount underscored Qatar's confidence in the Spanish economy's strength.

"This is without a doubt a show of confidence not only toward the Spanish economy, but also toward Spanish companies."

Reuters added that the Qatar's ruler is expected to sign a bilateral agreement with Spain to invest in projects funded by the European Union coronavirus recovery funds.

It further disclosed that the investments, mainly in technology and environmental projects, are due to be implemented within two to three years.

Tags

Join our Telegram platform to get news update Join Now
Quadri Adejumo
Quadri Adejumo

Quadri Adejumo is a reporter and a column writer. He covers news on World, Diaspora and Health.

More From this Author

COMPANIES PROFILE

npf microfinance bank plc Financial Services

NPF Microfinance Bank Plc Formerly known as NPF Community Bank Ltd, was incorpor...

LEARN MORE
staco insurance plc Financial Services

LEARN MORE

0 Comment(s)

SPONSORED

See this post in...