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The Latest Breaking News from QIA

What's not to love about a sovereign wealth fund? Gulf states' SWFs, which control roughly $6 trillion in assets, are no longer mere investment vehicles. They have become tools of statecraft, transforming kingdoms and emirates into power brokers and benefactors. Alongside splashy spending on sports and luxury retail -- Saudi…

Bangkok Post

The U.S. and Europe feared the Iran conflict would curtail the Gulf's appetite for global investments. The opposite is true

The five biggest spenders–split across Saudi Arabia, the UAE and Qatar–collectively spent almost $26 billion during March, April and May.

Fortune

Byju Raveendran says settlement near after Singapore court contempt order

Byju's founder Byju Raveendran announced a settlement in principle with lenders like GLAS Trust and Qatar Investment Authority, following a Singapore court's contempt ruling. He stated the court proceedings created a misleading impression, as parties were nearing a comprehensive settlement and no wrongdoing was found on his part or other…

The Economic Times

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Carnegie Mellon Must Provide Discovery About Relationship with Qatar, in Ex-Student's Lawsuit Alleging Anti-Semitism

The student was explaining the concept of an eruv, a feature of certain Jewish neighborhoods, in class to an architecture professor, who allegedly said the time the student had spent on project "would have been better spent if [Ms. Canaan] had instead explored 'what Jews do to make themselves such…

Reason

Builder.ai Collapses: $1.5bn 'AI' Startup Exposed as 'Actually Indians' Pretending to Be Bots

Builder.ai, once a $1.5 billion 'AI' startup backed by Microsoft and QIA, is filing for bankruptcy. A lender seized $37M, crippling operations.

International Business Times UK

US to fast-track investments from Middle East before Trump trip: Report

US is looking to fast-track investments by UAE, Saudi Arabia and Qatar, Bloomberg News said.

Al Jazeera

QNodeOS claims to be the first operating system for quantum networks, paving the way for future quantum applications

Researchers at the QIA have developed the world's first hardware-independent quantum-network operating system, supporting applications written with high-level code.

Tom’s Hardware

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Qatar Sports Investments considers reducing PSG stake amid Khelaifi investigation

Qatar Sports Investments is considering reducing its stake in Paris Saint-Germain amid a row over the indictment of the club’s president, Nasser al-Khelaifi

The Guardian - UK

PSG President Al-Khelaifi Charged In French Corporate Abuse Of Power Probe: Source

French judicial authorities have charged the president of Paris Saint-Germain football club, Nasser Al-Khelaifi, with complicity in abuse of power concerning shareholder voting at a company, a source close to the case said Thursday.

International Business Times

Qatar’s sovereign wealth fund takes a stake in Audi’s future F1 team

Qatar Investment Authority has announced it will be a ‘long-term investor and partner’ to Audi’s F1 team from 2026.

Al Jazeera

Why Qatar is buying into troubled Audi F1 programme

"Be fearful when others are greedy – and greedy when others are fearful." The famous words of US investment guru Warren Buffett aptly sum up the Qatari Investment Authority's reasons for taking a shareholding in Audi's Formula 1 team.

Autosport

Audi insists VW Group crisis no threat to F1 project amid Qatar buy-in

Audi boss Gernot Dollner insists the manufacturer’s commitment to Formula 1 is not threatened by the financial dramas faced by parent company the Volkswagen Group.

Autosport

Qatar ‘set for buy in of Audi F1 team’ ahead of 2026 entry

German car brand Audi, part of the Volkswagen AG group, will buy 100% of the current Sauber team for 2026

The Independent UK

Canary Wharf to carve out terraces in £400m HSBC tower makeover

The redevelopment will reportedly cost between £400m-£800m and will allow allow the public to enjoy ‘outstanding views’ of London

The Independent UK

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The Guardian - UK

Canary Wharf Group to carve chunks out of HSBC tower after bank leaves

Revamp of 42-storey block when bank moves out in 2027 will include new terraces and leisure facilities

Barchart

Here’s What to Make of Big-Money Moves on SoFi Stock

A notable development in SoFi stock sees Qatar’s fund selling its stake, while the CEO purchases approximately $797k worth of shares shortly after. These contrasting actions reflect varying outlooks on SoFi’s future prospects and its competitive positioning in the financial market.

The Times of India

Qatar wealth fund invests $1 billion in Reliance Retail Ventures

MUMBAI: Qatar’s sovereign wealth fund invested 82.78 billion rupees ($1 billion) into the rapidly growing retail business owned by Asia’s richest man Mukesh Ambani, as India’s biggest brick-and-mortar retailer looks to expand its operations.

The Guardian - UK

HSBC to move out of Canary Wharf headquarters due to hybrid working

The bank, which aims to move to the former head office of BT, says it wants to reduce its global office space by 40%

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Manchester Evening News

Uefa president makes club ownership admission that could aid Qataris' Manchester United takeover bid

Qatari banker Sheikh Jassim bin Hamad Al Thani is among the parties interested in completing a takeover of Man United.

Daily Mirror

Man Utd takeover: Sheikh Jassim stance on falling foul of UEFA's multi-club rules

Manchester United bidder Sheikh Jassim bin Hamad Al Thani has ties to Qatar's ruling elite - who own Paris Saint-Germain - meaning there could be a conflict of interest

Manchester Evening News

Who has submitted a Manchester United takeover bid?

Sir Jim Ratcliffe and Sheikh Jassim bin Hamad Al Thani have both submitted Man United takeover bids while Elliott Investment Management has offered to provide financing for a bid - but Glazers could yet stay

The Independent UK

Entwined Qatari ownership would make Man United a flagship for sportswashing states

The offer from Sheikh Jassim Bin Hamad Al Thani will be up against that of Sir Jim Ratcliffe for control

Manchester Evening News

Qatari banker Sheikh Jassim bin Hamad Al Thani confirms Manchester United takeover bid

Sheikh Jassim bin Hamad Al Thani becomes the second bidder to publicly confirm their interest in a Manchester United takeover

Daily Mirror

Saudi Arabia targets Man Utd takeover in late swoop to rival Qatar and Sir Jim Ratcliffe

The Glazers have set a deadline of Friday to receive outright takeover offers, with British billionaire Sir Jim Ratcliffe so far the only confirmed bidder for United

The Independent UK

All confirmed bids for Manchester United sale as deadline looms

The Glazers announced a strategic review, including the possibility of a sale, last November

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