American Express Company

Qatar Investment Authority coming to America, along with concerns about foreign diplomacy

April 6, 2016

Among the sovereign wealth funds that allow nations to make foreign investments in their national interests, the Qatar Investment Authority (QIA), representing the oil-rich Gulf state, is one of the wealthiest. This year, the QIA is poised to put $35 billion into a set of U.S. investments, including the buyout of a division of American Express and other key investments. The QIA also plans to set up a new office in New York.