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Qatar preparing small business investment deal with Italy - ASHARQ AL-AWSAT English Archive
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DOHA,(Reuters) – Qatar is preparing to sign a one billion euro agreement with Italy for investment in small and medium sized companies, the Gulf state’s Prime Minister Sheikh Hamad bin Jassim al-Thani said on Monday.

Qatar will put up half the total amount, Sheikh Hamad said at a joint news conference with Italian Prime Minister Mario Monti in the capital Doha during Monti’s visit to the region.

The deal is in addition to a joint venture signed between Italy’s strategic investment fund FSI and Qatar Holding to invest up to 2 billion euro in Italian companies announced on Monday.

Asharq Al-Awsat

Asharq Al-Awsat

Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

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