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Qatar Investment Authority commits up to $1bln to boost local equity market

Qatar Investment Authority (QIA) said on Tuesday it was committing up to 1 billion riyals – $275 million – towards a permanent market-making program that will enhance liquidity on the local bourse. The sovereign wealth fund, which manages $445 billion in assets, said the commitment is set to run over the next five years and will cover 90% of the size of the market capitalisation listed on the Qatar Stock Exchange (QSE).

Link: https://www.zawya.com/en/wealth/funds/qatar-investment-authority-commits-up-to-1bln-to-boost-local-equity-market-hdrl5s2g

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