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News

Qatar to invest 5 billion in the UK as Brexit looms

  • Author:Doha news
  • Source:Doha news
  • Release on :2017-03-30
   Qatar will spend some £5 billion on the UK’s economy over the next three to five years, its prime minister has announced.


   The pledge to further invest in the UK’s infrastructure, real estate and technology comes at a critical time for the country, which is preparing to leave the European Union.

   PM Sheikh Abdullah bin Nasser Al Thani made the announcement during a business and investment forum in London yesterday.
   
   The two countries already have a strong relationship, with Bloomberg reporting that Qatar has previously injected some £35 billion in the nation.

   Much of this comes in the form of UK real estate, as Qatar owns the Shard, the Olympic Village and Canary Wharf, among other properties. Qatari students and tourists also frequently visit the country.


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