qatar

Qatar is continuing its overseas buying spree, snapping up a stake in Royal Dutch Shell (RDSa.L) and reportedly also eyeing a chunk of Italian oil major ENI (ENI.MI).A Shell spokeswoman confirmed that Qatar had bought a stake but declined…

The sovereign wealth fund of Qatar has built up a 2 percent stake in France's oil major Total since last summer, according to newspaper Les Echos.The stake is now worth more than 2 billion euros, the paper wrote in its Wednesday edition…

If wealth is power, then Qataris have some serious muscle to flex. The Persian Gulf emirate of 1.7 million people ranks as the world’s richest country per capita thanks to a rebound in oil prices and its massive natural gas reserves.…