Qatar launches wealth fund division for domestic investments

The prime minister of Qatar unveiled Doha Investment on Sunday, a new unit of the Qatar Investment Authority focused on home-grown holdings. Business Recorder noted that the move signals a shift for a sovereign fund whose charter was built around deploying capital abroad. The announcement was made at a special session of the Qatar Economic Forum in New York.

Doha Investment will manage the local portfolio, beginning with 45 state-owned enterprises that together make up about a third of total fund assets. Sheikh Faisal bin Thani Al Thani, the commerce and industry minister, will be its managing director and vice-chairman, and he framed the change as a consolidation rather than a new creation. He said the plan had been weighed for over a decade.

The QIA does not publish full details of its holdings, but Global SWF estimates its assets under management at USD580 billion. Its domestic push has lifted national champions including Qatar Airways, QNB, Ooredoo, Qatari Diar and Katara Hospitality. Sheikh Faisal added that the mandate also covers privatisation, wider private-sector participation and economic diversification. Qatar Central Bank and National Planning Council data show non-hydrocarbon activity expanded 4.8 percent in 2025, faster than the 2.9 percent gain in total real GDP.