Financial Times FT.com

Abu Dhabi and Qatar join forces to launch $2bn investment fund

By Simeon Kerr in Manama

Published: March 26 2008 02:00 | Last updated: March 26 2008 02:00

Abu Dhabi and Qatar have teamed up to launch a $2bn investment fund, the latest in a string of joint funds set up by the sovereign wealth funds of the energy-rich Middle East.

The agreement between Abu Dhabi International Petroleum Investment Company and Qatar Investment Authority was signed in Abu Dhabi during a visit by Qatar's emir, Sheikh Hamad bin Khalifa Al Thani.

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