{"id":7399,"date":"2008-03-27T00:00:00","date_gmt":"2008-03-27T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"uae-and-qatar-to-set-up-acquisition-fund","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2008\/uae-and-qatar-to-set-up-acquisition-fund.html","title":{"rendered":"UAE and Qatar to set up acquisition fund"},"content":{"rendered":"<p>DUBAI (Reuters)- Abu Dhabi government-owned IPIC and Qatar Investment Authority (QIA) will establish a $2 billion (1 billion pound) fund for global acquisitions, the managing director of IPIC said on Tuesday. <\/p>\n<p>&quot;We plan to invest in all sectors, including oil and petrochemicals,&quot; Khadem al-Qubaisi told Reuters by telephone in an interview.<\/p>\n<p>The fund could thus mark a new direction for the International Petroleum Investment Co (IPIC), which until now has limited its investments to the energy sector.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" height=\"1\" src=\"http:\/\/feeds.feedburner.com\/~r\/reuters\/UKFundsNews\/~4\/257523800\" width=\"1\" border=\"0\" \/><br \/><a href=\"..\/news\/news_land.php?i=http:\/\/feeds.feedburner.com\/~r\/reuters\/UKFundsNews\/~3\/257523800\/idUKNOA53075620080325\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>DUBAI (Reuters)- Abu Dhabi government-owned IPIC and Qatar Investment Authority (QIA) will establish a $2 billion (1 billion pound) fund for global acquisitions, the managing director of IPIC said on Tuesday. &quot;We plan to invest in all sectors, including oil [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-7399","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7399","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=7399"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7399\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=7399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=7399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=7399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}