British PM says Qatar is a valued partner for the UK
Qatar set to invest £10 billion in Britain
Qatar signs a new Strategic Investment Partnership with the UK which will cover sectors such as fintech, life sciences and cyber security.
Wednesday 25/05/2022
British PM says Qatar is a valued partner for the UK
LONDON - Britain said on Tuesday it had agreed a new Strategic Investment Partnership with Qatar on Tuesday which will see the Gulf state invest up to 10 billion pounds ($12.5 billion) in the next five years.
The investment, which will cover sectors such as fintech, life sciences and cyber security, was signed during a visit by Qatar's ruler, Emir Sheikh Tamim bin Hamad al-Thani, to London.
"Qatar is a valued partner for the UK, supported by Sheikh Tamim bin Hamad’s leadership," British Prime Minister Boris Johnson said.
"We had a rich discussion on the issues that matter to both of our countries, including boosting the economy, ensuring regional stability and improving energy security following Russia’s appalling invasion of Ukraine."