Description
The Qatar Investment Authority (QIA; Arabic: جهاز قطر للإستثمار) is Qatar's sovereign wealth fund. The QIA was founded by the State of Qatar in 2005 to strengthen the country's economy by diversifying into new asset classes. In October 2023, the QIA has an estimated $475 billion of assets under management.
The QIA's structure and decision-making procedures have been characterized as non-transparent.
However, according to Global SWF’s 2022 Governance, Sustainability & Resilience of State-Owned Investors Scoreboard, QIA is becoming more transparent and sustainable. Spending decisions regarding the fund have been linked to the emir and the prime minister (regardless of whether they sit on the board of the fund).[6] In September 2017, ResearchGate (Berlin-based blog) provided data about the functioning behind the Qatar Investment Authority's investments and it was found out that QIA's participation in global capitalism as a fully state-owned business is a compelling and little-examined facet of the organization.
