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Qatar plans US$35b investment in US in diversification move

Published Mon, Sep 28, 2015 · 09:50 PM

Dubai

QATAR plans to invest US$35 billion in the US over the next five years as the world's richest country on a per capita basis diversifies from Europe and Asia.

The Qatar Investment Authority, which helps manage the country's energy-generated wealth, opened an office in New York to "better access new and existing investment partners", the sovereign fund said in a statement Monday.

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