Qatar Investment Authority

Qatar Investment Authority
Company typeSovereign wealth fund
Founded2005 (2005)
Headquarters
Ooredoo Tower, Doha
,
Key people
Mansoor Bin Ebrahim Al-Mahmoud (CEO)[1]
Sheikh Bandar bin Mohammed bin Saoud Al-Thani (Chairman)
AUMIncrease US$475 billion (2023)
OwnerState of Qatar
SubsidiariesHarrods, Harrods Estates, Harrods Aviation, Air Harrods, QNB Group, Barwa Group (45%), Qatari Diar Real Estate Investment Company, Qatar Holding LLC, Linx Cargo Care Group, Hassad Food, Filmyard Holdings (2010-2016), Future French Champions SAS, Q REIT Holding, Qatar Asset Management Co, Qatar Railways Development, Ascott Serviced Residence (Global) Fund, Qatar Dubai Investments, OCS Investments, Katara Hospitality
Websitewww.qia.qa

The Qatar Investment Authority (QIA; Arabic: جهاز قطر للإستثمار) is Qatar's sovereign wealth fund.[2] The QIA was founded by the State of Qatar in 2005 to strengthen the country's economy by diversifying into new asset classes. In October 2023, the QIA has an estimated $475 billion of assets under management.[3]

The QIA's structure and decision-making procedures have been characterized as non-transparent.[4][5] However, according to Global SWF’s 2022 Governance, Sustainability & Resilience of State-Owned Investors Scoreboard, QIA is becoming more transparent and sustainable. Spending decisions regarding the fund have been linked to the emir and the prime minister (regardless of whether they sit on the board of the fund).[6] In September 2017, ResearchGate (Berlin-based blog) provided data about the functioning behind the Qatar Investment Authority's investments and it was found out that QIA's participation in global capitalism as a fully state-owned business is a compelling and little-examined facet of the organization.

  1. ^ Cite error: The named reference CEO was invoked but never defined (see the help page).
  2. ^ "Qatar's $450 Billion QIA Gets New Chairman After Cabinet Changes". Bloomberg. 7 March 2023. Archived from the original on 3 April 2024. Retrieved 8 August 2023.
  3. ^ "Qatar Investment Authority (QIA) - Sovereign Wealth Fund, Qatar - SWFI". www.swfinstitute.org. Archived from the original on 29 December 2017. Retrieved 22 June 2023.
  4. ^ Spegele, Brian (4 November 2014). "Qatar's Sovereign-Wealth Fund to Invest at Least $15 Billion in Asia". The Wall Street Journal. ISSN 0099-9660. Archived from the original on 19 November 2014. Retrieved 11 July 2021.
  5. ^ "Gulf sovereign wealth funds among world's least transparent". TRT World. 7 July 2021. Archived from the original on 11 July 2021. Retrieved 11 July 2021.
  6. ^ Galani, Una (2 October 2012). "Qatar's sovereign funds: A guide for the perplexed". Reuters. Archived from the original on 11 July 2021. Retrieved 11 July 2021.

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