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QNA
Doha
The CEO of the Qatar Investment Authority Mansoor bin Ebrahim Al Mahmoud stressed that Qatar is focusing, during the current stage, on diversifying its investments, with a focus on the technology and healthcare sectors, while maintaining balance and mixing other investment fields.
Addressing “Investment for a New Era” session on the Qatar Economic Forum, Mahmoud said the rise in inflation does not represent a risk because the state is closely monitoring the situation.
He said the experience has proven that dealing effectively with the coronavirus pandemic has strengthened Qatar’s economic position.
He said Qatar focuses on investing in Asia, the United States and Europe, pointing to the great interest of Qatar in investing in the sustainability sector, especially in Asia, and it also invests in this field to achieve sustainability goals.
Qatar cooperates with investment management and asset management companies, explaining that these companies are an engine of the economy and provide investment opportunities, he added.
According to Mahmoud, the pandemic has changed the investment landscape, consumer behaviour has changed, government spending has increased, and companies have changed in order to deal with the consequences of the crisis, pointing out that some sectors were positively affected by the situation and others were negatively affected, and some of them were partially affected.
He pointed out that “the pandemic has changed the investment landscape, but Qatar Investment Authority’s philosophy is still the same, and will continue to invest for the future and with a long-term view, and it is committed to investing with a goal, and in a very diversified way and for the future.”
Regarding investment in the real estate sector, the QIA CEO stated that this sector constitutes one of the traditional asset classes for the Qatar Investment Authority, pointing out that the spread of the Coronavirus pandemic and the measures taken to confront the pandemic, such as remote work, had a significant impact on this sector.
He added that within the real estate investment framework, Qatar Investment Authority focuses on a sub-sector, which is investing in warehouses to support e-commerce companies, where Qatar Investment Authority allocates large investments in this field, next to the data centres sector, which is another sector that Qatar Investment Authority believes has a promising future, as well as very specific sectors within the real estate field.
On the trade conflict between China and the United States of America, the chief executive expected the continuation of this status quo between the two countries because there is a fundamental “issue” between them.
“But we are closely following the situation, and the two countries have a mature vision, which makes them aware of the consequences of the conflict, and the negotiations between them may take longer than we expect.”
On the transformation in the field of energy and sustainability in investment, His Excellency said that Qatar Investment Authority philosophy is linked to investment that leads to the fulfillment of certain objectives, meaning that the gains are achieved by enhancing the positive side in the markets in which we invest, and Qatar have invested and is still investing in the Social Governance Initiative, Environmental Governance and Corporate Governance, ESG companies and other sustainable projects and this year Qatar will strengthen its procedures to move forward with setting policies and KPIs.”
Mahmoud pointed out that the Environmental, Social, and (Corporate) Governance (ESG) plays a key role and has a growing momentum, noting that investors and many governments have expressed their desire to join the initiative because it offers huge investment opportunities, especially in supportive technology, adding in this context that the State of Qatar has invested in establishing energy storage facilities, which will contribute to promoting investments in renewable energy.
On speculation and investing in digital currencies and the mistakes that investors make, Mahmoud said the legislative and legal framework must be strengthened to invest in digital currencies, noting that investment in the field of digital currencies is still under the umbrella of speculation and it is too early to take a decision on it.
Doha
The CEO of the Qatar Investment Authority Mansoor bin Ebrahim Al Mahmoud stressed that Qatar is focusing, during the current stage, on diversifying its investments, with a focus on the technology and healthcare sectors, while maintaining balance and mixing other investment fields.
Addressing “Investment for a New Era” session on the Qatar Economic Forum, Mahmoud said the rise in inflation does not represent a risk because the state is closely monitoring the situation.
He said the experience has proven that dealing effectively with the coronavirus pandemic has strengthened Qatar’s economic position.
He said Qatar focuses on investing in Asia, the United States and Europe, pointing to the great interest of Qatar in investing in the sustainability sector, especially in Asia, and it also invests in this field to achieve sustainability goals.
Qatar cooperates with investment management and asset management companies, explaining that these companies are an engine of the economy and provide investment opportunities, he added.
According to Mahmoud, the pandemic has changed the investment landscape, consumer behaviour has changed, government spending has increased, and companies have changed in order to deal with the consequences of the crisis, pointing out that some sectors were positively affected by the situation and others were negatively affected, and some of them were partially affected.
He pointed out that “the pandemic has changed the investment landscape, but Qatar Investment Authority’s philosophy is still the same, and will continue to invest for the future and with a long-term view, and it is committed to investing with a goal, and in a very diversified way and for the future.”
Regarding investment in the real estate sector, the QIA CEO stated that this sector constitutes one of the traditional asset classes for the Qatar Investment Authority, pointing out that the spread of the Coronavirus pandemic and the measures taken to confront the pandemic, such as remote work, had a significant impact on this sector.
He added that within the real estate investment framework, Qatar Investment Authority focuses on a sub-sector, which is investing in warehouses to support e-commerce companies, where Qatar Investment Authority allocates large investments in this field, next to the data centres sector, which is another sector that Qatar Investment Authority believes has a promising future, as well as very specific sectors within the real estate field.
On the trade conflict between China and the United States of America, the chief executive expected the continuation of this status quo between the two countries because there is a fundamental “issue” between them.
“But we are closely following the situation, and the two countries have a mature vision, which makes them aware of the consequences of the conflict, and the negotiations between them may take longer than we expect.”
On the transformation in the field of energy and sustainability in investment, His Excellency said that Qatar Investment Authority philosophy is linked to investment that leads to the fulfillment of certain objectives, meaning that the gains are achieved by enhancing the positive side in the markets in which we invest, and Qatar have invested and is still investing in the Social Governance Initiative, Environmental Governance and Corporate Governance, ESG companies and other sustainable projects and this year Qatar will strengthen its procedures to move forward with setting policies and KPIs.”
Mahmoud pointed out that the Environmental, Social, and (Corporate) Governance (ESG) plays a key role and has a growing momentum, noting that investors and many governments have expressed their desire to join the initiative because it offers huge investment opportunities, especially in supportive technology, adding in this context that the State of Qatar has invested in establishing energy storage facilities, which will contribute to promoting investments in renewable energy.
On speculation and investing in digital currencies and the mistakes that investors make, Mahmoud said the legislative and legal framework must be strengthened to invest in digital currencies, noting that investment in the field of digital currencies is still under the umbrella of speculation and it is too early to take a decision on it.
