Qatar has promised to invest £5bn in UK’s transport, property and digital technology, as announced by Qatar’s finance minister, Ali Shareef al Emadi. As one of the largest investors in UK, he said that regardless of what happens after Brexit, Qatar is still optimistic of UK’s economy.
Before this investment, Qatar has already invested £40b in the UK. Harrods is fully owned by Qatar Holding. It also owns 95% of Shard in London. Other stakes by Qatar include Canary Wharf, Milford Haven and London’s Olympic Village.
"Currently the UK is our first investment destination and it is the largest investment destination for Qatari investors, both public and private," Ali Shareef al Emadi, the country's finance minister, told the BBC.
Mr Al Emadi will be joining International Trade Secretary Liam Fox in Birmingham where there will be showcase by UK firms in sport, cyber-security and healthcare. Mr Al Emadi also did no rule out the possibility of investing in UK infrastructure projects such as the new high speed rail link between London, Birmingham and Manchester - HS2.
"We will look at those deals; we will look at electricity, roads, bridges, railways," he said.
Qatar also believes in long term investment in UK, instead of looking at any short-term cycles, such as Brexit or the financial crisis years.
"If you look at what we have done here, it has always been a win-win situation, whatever investment we do in the UK," he said.
Sterling House Trust is a private trust with a difference. It offers its members an exclusive and reliable platform to access unique opportunities and lifestyle services reserved for the select few. With its team of professional managers Sterling House Trust constantly scans the markets and collaborate with reliable global partners to create a portfolio of carefully curated programmes for its members. Members can access these programmes according to their individual needs, interest and financial capacity. Sterling House Trust is headquartered in Auckland, New Zealand, and has operations based in London, UK.
The Sterling House Trust platform was established with the objective of providing its members, secure access to opportunities across a range of global locations, sectors and services.
Our unique Platform was established within the framework of a trust so that the trust would have oversight and governance over the range of services and its quality. Member protection is a core principle and drive in all that we do. Our trustees ensures that the interests and quality of service provided by the Platform are always maintained at the highest standards.
The trust and its trustees provide robust oversight and is constantly on the move to identify and shortlist select opportunities in the international markets. Likewise, we apply the same stringent standards in identifying and selecting providers and professional partners to join our Platform.
The Sterling House Trust Platform utilises our international footfall and relationships to provide our members with access to a range of international opportunities via our global network which covers a broad range of sectors including:
Asset protection, international property ownership and management, alternative and direct ownership, estate planning, banking services, foreign exchange, card services, alternative investment and lifestyle services.
New Zealand Head Office
31/335 Lincoln Road,
14-16 Dowgate Hill,
England EC4R 2SU