According to a statement, investment will focus on technology, health care, minerals and other areas of mutual interest
OR Russia and Qatar They signed the fifth agreement on which each country will pay an additional € 1 billion ($ 1.14 billion) to a joint investment fund, a Russian official said, according to the Reuters agency.
“This is an agreement to expand our investment platform with Qatar by about two billion euros, one billion euros on each side. This will allow us to invest more, to attract more investment money from Qatar in various projects in Russia »said Kiril Dmitryv, head of the Russian State Investment Fund (RDIF).
The RDIF said in a statement that the deal with Qatar Investment Authority, the Qatar State Fund, will focus on investment in technology, health care, minerals and other areas of mutual interest.
The two funds launched a $ 4 billion consortium in 2014.
Dmitryv said Qatar is an important investor in Russian infrastructure and Russian companies are interested in entering the Middle East market with Qatar partners.
Source: Skai
I am Janice Wiggins, and I am an author at News Bulletin 247, and I mostly cover economy news. I have a lot of experience in this field, and I know how to get the information that people need. I am a very reliable source, and I always make sure that my readers can trust me.
