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Qatar Wealth Fund plans to invest an additional $500 billion in the United States over the next 10 years

Internet reports that during Mohammed Sauvadi's first 15 years at the Qatar Investment Authority, he assisted the institution in exploring the U.S. market and searching for investment opportunities. Today, as head of the $524 billion national fund, he is promising to invest in the United States nearly an equal amount of the fund's current total assets-part of the Gulf states 'major economic commitment. In an interview in Doha, Soradi said that the Qatar Investment Authority plans to invest an additional US$500 billion in the United States over the next ten years. The huge amount of money will be invested in the fund's traditional focus areas such as artificial intelligence, data centers and health care, while also in line with U.S. President Trump's "American Reindustrialization" strategy. The US$500 billion commitment accounts for about 42% of the total US$1.2 trillion economic cooperation framework signed by Qatar with Trump's visit to the United States this week.

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