{"id":88227,"date":"2022-08-25T15:37:37","date_gmt":"2022-08-25T10:37:37","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=88227"},"modified":"2022-08-25T15:37:43","modified_gmt":"2022-08-25T10:37:43","slug":"qatar-roosevelt-hotel-usd-3-in-pak","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/qatar-roosevelt-hotel-usd-3-in-pak.html","title":{"rendered":"Qatar interested in running of Roosevelt Hotel, investing USD 3 in Pak"},"content":{"rendered":"\n<p>Islamabad: The Qatar Investment Authority (QIA), a state-owned enterprise of Qatar, will invest USD 3 billion in Pakistan, news sources reported on August 25. The oil-rich country will also buy majority stakes in the PIA-owned Roosevelt Hotel in New York City. \u00a0<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/qatar-pakistan-2-bn-bilateral-support.html\" data-type=\"post\" data-id=\"88158\" target=\"_blank\" rel=\"noreferrer noopener\">Qatar to provide Pakistan with USD 2 bn in bilateral support<\/a><\/p>\n\n\n\n<p>This was announced in a statement released by the Emiri Diwan, Qatar&#8217;s administrative body. According to the statement, the suggested sum would be invested in various sectors of the economy.<\/p>\n\n\n\n<p>Furthermore, the statement declared that the two countries would strengthen cooperation in the energy and aviation industries with long-term agreements involving<a href=\"https:\/\/www.zameen.com\/news\/usd-94mn-virtual-lng-pipeline-for-gwadar-in-the-works.html\" data-type=\"post\" data-id=\"74871\" target=\"_blank\" rel=\"noreferrer noopener\"> Liquified Natural Gas (LNG).<\/a> It was highlighted that these investments will be part of the two Muslim countries&#8217; bilateral trade agreements.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/court-releases-pias-assets-in-reko-diq.html\" data-type=\"post\" data-id=\"76279\" target=\"_blank\" rel=\"noreferrer noopener\">International court releases PIA\u2019s assets in Reko Diq lawsuit<\/a><\/p>\n\n\n\n<p>It is worth noting that Prime Minister (PM) Shehbaz Sharif is now on an official visit to the oil-rich emirate. The visit is anticipated to deliver much-needed cash from the <a href=\"https:\/\/www.zameen.com\/news\/pakistan-imf-loan-by-this-month.html\" data-type=\"post\" data-id=\"87973\" target=\"_blank\" rel=\"noreferrer noopener\">Gulf countries<\/a> and a commitment to invest more in the country&#8217;s formal economy. Qatar has also recently announced its desire to take over the operations and upkeep of the international airports in Karachi and Islamabad.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Qatar Investment Authority (QIA), a state-owned enterprise of Qatar, will invest USD 3 billion in Pakistan, news sources reported on August 25. The oil-rich country will also buy majority stakes in the PIA-owned Roosevelt Hotel in New York City. \u00a0 Read: Qatar to provide Pakistan with USD 2 bn in bilateral support This was announced in a statement released by the Emiri Diwan, Qatar&#8217;s administrative body. According to the statement, the suggested sum would be invested in various sectors of the economy. Furthermore, the statement declared that the two countries would strengthen cooperation in the energy and aviation industries with long-term agreements involving Liquified Natural Gas (LNG). It was highlighted that these investments will be part of the two Muslim countries&#8217; bilateral trade agreements. Read: International court releases PIA\u2019s assets in Reko Diq lawsuit It is worth noting that Prime Minister (PM) Shehbaz Sharif is now on an official visit to the oil-rich emirate. The visit is anticipated to deliver much-needed cash from the Gulf countries and a commitment to invest more in the country&#8217;s formal economy. Qatar has also recently announced its desire to take over the operations and upkeep of the international airports in Karachi and&hellip;<\/p>\n","protected":false},"author":84,"featured_media":88179,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[53732,53735,53734],"persona":[],"class_list":{"0":"post-88227","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-qatar-interested-in-running-of-roosevelt-hotel","9":"tag-qatar-pakistan-relations","10":"tag-roosevalt-hotel","11":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Qatar interested in Roosevelt Hotel, investing USD 3 in PaK-Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The Qatar Investment Authority (QIA), a state-owned enterprise of Qatar, will invest USD 3 billion in Pakistan, news sources reported on August\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/qatar-roosevelt-hotel-usd-3-in-pak.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Qatar interested in Roosevelt Hotel, investing USD 3 in PaK-Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The Qatar Investment Authority (QIA), a state-owned enterprise of Qatar, will invest USD 3 billion in Pakistan, news sources reported on August\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/qatar-roosevelt-hotel-usd-3-in-pak.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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