Investments
Qatar Investment Authority holds a smaller stake in Fisker Automotive, most likely 10% to 15%.
On 8 May 2010, Qatar Holding, an indirect subsidiary of QIA, purchased the Harrods Group from Mohamed Al-Fayed, including the Knightsbridge department store. QIA are also the largest shareholder in Sainsbury's.
On December 3, 2010, Qatar Investment Authority, along with Colony Capital and Tutor-Saliba Corporation, was part of an investment group known as Filmyard Holdings, which purchased Miramax from Disney.
In February 2012 it completed the acquisition of Credit Suisse's headquarters in London. QIA holds a 6% stake in Credit Suisse and owns shares in Apeldoorn, the majority owner of Canary Wharf Group. Qatari Diar, a property arm of the fund, along with Canary Wharf, won a £300mn deal to redevelop the Shell Centre in London that houses the Royal Dutch Shell's London headquarters. The French government has offered tax exemptions for Qatari real estate investments in the country and have acquired almost $4 billion of property.
In May 2012, it acquired a stake below 3% in Royal Dutch Shell. It has announced a plan to raise its stake to 7%.
In late 2012 Qatar Sports Investments (QSI) completed a buyout of the French football club Paris Saint-Germain F.C. (P.S.G.), which valued the club at $130 million. QSI invested a further $340 million in the club, they had bought the P.S.G. handball team the previous year. The Qatari president of P.S.G., Nasser Al-Khelaifi is also the director of Qatari owned television network Al Jazeera Sports, which launched French television channels beIN Sport. Qatar has also offered to finance social programs in French suburbs, which has attracted criticism.
In Janurary 2013, Qatar Holding an indirect subsidiary of QIA, has said it will invest $5 billion into petrochemical projects in Malaysia in the next three to four years. The investment is said to help Malaysia compete with neighbouring Singapore to become the region’s top petrochemical hub.
In early april 2013, QIA bought Bellagio resort and casino from MGM Resorts International for a disclosed amount of $4 billion.
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“In youth, love and art. In age, investments and antiques.”
—Mason Cooley (b. 1927)