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Qatar to boost investment in Spain by $4.9 billion

Qatar committed Wednesday to pouring 4.7 billion euros ($4.9 billion) into Spain to invest in the economic overhaul the European country has launched thanks to its European Union pandemic recovery windfall. ....

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Qatar looks to bolster Spain's EU-funded COVID recovery projects, supply more LNG

The bilateral deal represents the first major agreement between a European nation and a non-EU country aimed at leveraging the reach of the EU's Next Generation programme, from which Spain will receive €70 billion euros ($73.33 billion). It is expected to be signed on Wednesday between the Qatar Investment Authority (QIA) and Spain's investment agency Cofides during Emir Shekih Tamim bin Hamad Al-Thani's visit to the Spanish capital, one of the sources said. ....

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