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Qatari fund buys UK's Heritage Oil for $1.6bnBritish oil company Heritage Oil agreed a 924 million pound ($1.6 billion) takeover offer from a fund owned by the former chief executive of Qatar's sovereign wealth fund. Heritage, whose main oil production is in Nigeria, sai More… |
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Former Qatari PM replaced as head of sovereign fundQatar's former prime minister Sheikh Hamad bin Jassim Al-Thani has been replaced as deputy head of the country's powerful sovereign wealth fund in a restructuring move ordered by the country's new emir, the state news agency report More… |
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Smooth Qatar handover rooted in turbulent pastQatar's outgoing emir wanted to abdicate while he was still able to help his 33-year-old heir consolidate his authority, so ensuring minimal discord inside the royal family. While no one other than outgoing More… |
