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The Qatar Fund for Development (acronym: QFFD, Arabic: صندوق قطر للتنمية) is a government entity in the State of Qatar, which is responsible for Qatar's international development and foreign aid; it was established by Law 19 of 2002. [1]
According to the Qatari Ministry of Foreign Affairs, helping countries achieve internationally agreed development goals is the main objective of the program.Additionally, poverty reduction, including through employment creation in rebuilding and infrastructure projects, improved health and education as well as better management of the environment, are the main areas of focus of Qatar's ...
A sovereign wealth fund (SWF) is a fund owned by a state (or a political subdivision of a federal state) composed of financial assets such as stocks, bonds, property or other financial instruments. Sovereign wealth funds are entities that manage the national savings for the purposes of investment.
The QIA was founded in 2005 by the then-emir of Qatar, Hamad bin Khalifa Al Thani, to manage the oil and natural gas surpluses of the government of Qatar. [7]As a result of its stated strategy to minimize risk from Qatar's reliance on energy prices, the fund predominantly invests in international markets (United States, Europe and Asia-Pacific) and within Qatar outside the energy sector.
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The Qatar Foundation for Education, Science and Community Development (Arabic: مؤسسة قطر) is a state-led non-profit organization in Qatar, [2] founded in 1995 by then-emir Hamad bin Khalifa Al Thani and his second wife Moza bint Nasser Al-Missned.
Relations between the two countries were inaugurated in 1988. Qatar agreed to donate $13.8 million towards the construction of a cancer hospital in Burkina Faso in December 2017. [247] The same month, the Qatar Development Fund allocated $814,000 towards the commencement of humanitarian projects in Burkina Faso. [248] Chad
Qatar Foundation established Qatar National Research Fund (QNRF) in 2006 as part of its ongoing commitment to establish Qatar as a knowledge-based economy. Qatar Foundation views research as essential to national and regional growth; as the means to diversify the nation’s economy, enhance educational offerings and develop areas that affect the community, such as health and environment.