Doha – Qatar: Qatar Financial Centre Authority, the legal and tax arm of the Qatar Financial Centre (“QFC”), a leading onshore financial and business centre in the region, and UBS Asset Management today announced that they have signed a Letter of Intent (“LOI”) to collaborate on the establishment of a Green sustainable private markets initiative that, it is envisaged, will make investments in the energy storage, eco-transport, food security and environmentally sustainable technology venture capital sectors.
The Parties intend to develop a joint vision for the initiative with the aim of establishing Qatar as a centre for environmentally sustainable investments, further developing an important sector within the country’s…