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Qatar Investment Authority, Russian Fund Strike $2Bln Investment Deal
Qatar Investment Authority, Russian Fund Strike $2Bln Investment Deal
Sputnik International
The Qatar Investment Authority (QIA) and the Russian Direct Investment Fund (RDIF) have struck another deal with investment in the Russian Federation in the... 25.01.2017, Sputnik International
2017-01-25T14:53+0000
2017-01-25T14:53+0000
2017-01-25T15:11+0000
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Qatar Investment Authority, Russian Fund Strike $2Bln Investment Deal
14:53 GMT 25.01.2017 (Updated: 15:11 GMT 25.01.2017) The Qatar Investment Authority (QIA) and the Russian Direct Investment Fund (RDIF) have struck another deal with investment in the Russian Federation in the amount of $2 billion, QIA CEO Abdullah Al Thani said Wednesday at Russian President Vladimir Putin's meeting with the participants of the Rosneft privatization transaction.
MOSCOW (Sputnik) — Swiss trader Glencore and Qatar's sovereign wealth fund (QIA) purchased 19.5 percent of the shares of Russia's largest oil company Rosneft in December 2016.
The sum of the deal amounted to 692 billion rubles (some $11.7 billion).
