National + Finance | December 19, 2016

Qatar’s $10B U.S. Infrastructure Intentions

The Qatar Investment Authority (QIA) shared its intent to invest $10 billion for infrastructure improvements in the United States. Sheikh Abdullah bin Mohamed bin Saud al-Thani, chief executive of the QIA, delivered the message to U.S. officials in Doha last week.

The QIA, a sovereign fund, previously indicated its interest in investing $35 billion in unspecified projects in the U.S. between 2016 and 2021. It wasn’t clear if the recently announced $10 billion was part of the larger amount, or a separate investment. No time frame was provided. Analysts believe the Qatari investment could help grow ties between the incoming administration of President-Elect Donald Trump and Middle Eastern countries.

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About Mark El-Rayes

Mark El-Rayes is an award winning designer and photographer from Beirut, Lebanon. El-Rayes has over 15 years in the design industry, 5 years of which he served as a Mass Communication Specialist in the United States Navy at Naval Air Station North Island, Navy Public Affairs Support Element - West (NPASE). El-Rayes is a full-stack developer, seo specialist, photographer, and artist.

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