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Posted On: 8 November 2008 01:17 pm
Updated On: 12 November 2020 02:08 pm

Qatari investors eye Britain’s Olympic village

Khalifa Al Haroon
Khalifa Al Haroon
Your friendly neighborhood Qatari
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Investors from Qatar have proposed a rescue bid for the financially-troubled Olympic village. Qatari ministers have held talks with government officials about an investment in the £900mn village project which is facing a cash crisis in the economic slowdown. State-owned Qatar Investment Authority (QIA) is willing to pump in money after Australian developer Lend Lease struggled to raise its £400mn share of the funding. – London Evening Standard Who wants to bet as usual, Qatar will help, invest, and not even bother to let the world know Qatar is involved. How many know the tallest building in Europe (The Shard) is 80% owned by Qatari companies. How many know that Qatar bought the Chelsea Barracks. How many know that 35% of Dubai investments are funded by Qatar. How many know that 30% of developments in Bahrain are Qatari owned? Qatar doesn't seem to want to have proper promotions