Oct 25 2010 |
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Qatar assures $5bn investment in Greece
DOHA: The Qatar Investment Authority ( QIA ) reconfirmed its commitment to invest up to $5bn in Greece. This was announced in an official statement issued after the meeting of Qatar-Greece Joint Committee held in Athens. This was the first meeting after the Memorandum of Understanding (MoU) signed between the governments of Greece and Qatar for formation of a joint committee to examine possible joint investment activities.
The meeting was co-chaired by State minister Harris Pamboukis and Ahmad M Al Sayed, Secretary to the Board of Qatar Investment Authority and Managing Director and Chief Executive Officer of Qatar Holding LLC, for the Greece and Qatari side respectively. State Minister of Greece told to mediaperson that both countries have very good bilateral relation that is very necessary for trade.
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