Samruk-Kazyna and Qatar Investment Authority to Strengthen Cooperation
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21 October 2023
During the visit of the Qatari delegation, the Chairman of the Management Board of Samruk-Kazyna JSC N.Zhakupov met with the Head of the Regional Investment Department of Qatar Investment Authority Sheikh Faisal bin Thani Al Thani.
The parties discussed prospects for the development of cooperation in the field of investments. Nurlan Zhakupov confirmed the readiness to strengthen cooperation in all key areas and noted the importance of partnership between the two sovereign funds.
There were also separate meetings of portfolio companies with Qatari colleagues. Thus, Tau-Ken Samruk and Qatar Mining discussed the prospects for the development of MMC, and QazaqGaz and Samruk-Energy discussed the possibility of cooperation in the energy sector with Nebras Power.
For information: the Qatar Investment Authority (QIA) is a sovereign wealth fund and a state—owned holding company of Qatar. QIA was founded in 2005 by the Emir of Qatar to manage the state revenues from the sale of oil and natural gas. The Fund specializes in domestic and foreign investments. As of October 2023, QIA has assets worth USD475 billion under management.
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