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Home Tech

Qatar using oil bonanza to buy the dip in tech companies

Newsroom by Newsroom
July 4, 2022
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The $450 billion Qatar Investment Authority, is in the midst of a cash bonanza thanks to the soaring price of oil. So, what does the world’s richest country’s sovereign wealth fund do with all this extra capital?

Buy the dip in tech it seems.

Speaking at the Qatar Economic Forum overnight, the Authority’s CEO, Mansoor Bin Ibrahim Al-Mahmood, admitted the global sell off in tech companies has come at an opportune time for the nation….



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