Qatar Fund Restructures Property Unit

Qatari Diar is reducing staff and revamping its management as part of a re-evaluation of its plans.

Qatari Diar is reducing staff and revamping its management as part of a re-evaluation of its plans, The National reports. The Qatari sovereign fund’s property investment arm has cut 30 positions in last few weeks, bringing staff count to 350.

The management changes include a new Chairman, who is Qatar finance minister Yousef Hussein Kamal. He has replaced Qatar Prime Minister Sheikh Hamad Al Thani.

Click here for the story from The National.

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