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Qatari Diar invests in Egypt with 2 major tourist projects

Qatari Diar is considered one of the foremost real estate Gulf investors in Egypt.
12.01.15 | Source: Daily News Egypt

Qatari Diar (QD) is one of the major real estate companies in Qatar, belonging to the Qatari Investment Authority (QIA). The company was founded in 2005 to support the country’s growing economy and to implement real estate development projects inside and outside Qatar.

QIA is a sovereign wealth fund that serves local and foreign investments. It was established by the Qatari Government in 2005 to manage the surpluses of oil and natural gas. QIA’s assets range between $100bn and $200bn.

As of January 2012, Qatari Diar is capitalised at $4bn and has more than 49 projects under development or planning in Qatar and in 29 countries around the world, with a combined value of over $35bn.​