Doha Investment Lifts Asset Management Programme to $1.4 Billion
Fresh capital takes the Qatar Investment Authority initiative from QAR 2.6 billion to QAR 5 billion, with four managers already running mandates and more to follow.
Doha Investment has raised the Active Asset Management Initiative to $1.4 billion, or QAR 5 billion, from $714.3 million, or QAR 2.6 billion. The increase was announced on Monday, and the new cash will fund the programme's expansion. The platform said the extra commitment accelerates that work.
The initiative remains open to eligible managers in Qatar and overseas. Four firms hold mandates: Ashmore Group, Fiera Capital, Franklin Templeton and Lesha Bank. Doha Investment plans to add managers from home and abroad on a regular basis. Deployment since launch stands at $714.3 million, the same QAR 2.6 billion as the programme's original size.
Partnership model
The Qatar Investment Authority created the initiative in January 2024. It is built on partnerships with managers that know Qatar and the wider GCC. Its stated long-term aims are deeper liquidity, broader institutional participation and the development of the country's capital markets and asset management industry.
Sheikh Faisal bin Thani Al Thani, the country's minister of commerce and industry and managing director and vice chairman of Doha Investment, said the programme had drawn growing numbers of local and international managers and participants since its 2024 launch. That growth, he said, points to significant opportunities in Qatari equities. The additional investment will contribute to a more active and diversified market and strengthen collaboration with leading managers, he added.
A domestic portfolio
Doha Investment manages the QIA's domestic investment portfolio, which includes Qatar Airways Group, QNB Group, Ooredoo Group, Qatari Diar, Katara Hospitality and Hassad Food. It spans financial services, transport and logistics, telecommunications and technology, real estate, hospitality, and food and agriculture. At launch it held more than 40 companies reaching more than 80 markets; in 2025, more than 20 of them reported revenue above $274.7 million, or QAR 1 billion.
Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, the prime minister and minister of foreign affairs, launched Doha Investment at the Qatar Economic Forum: UNGA Special Edition in New York on September 20, 2026. Its job is to accelerate Qatar's economic growth by developing national champions, through investments and partnerships in priority sectors outside hydrocarbons. Sheikh Mohammed said the platform is meant to expand the private sector's role in growth, support the country's strongest companies while helping emerging businesses scale, and deepen capital markets by attracting international capital and expertise.
The mandate model gives outside firms a stake in running part of the state's home-market equity allocation while Doha Investment keeps oversight of the portfolio. A stated plan to add managers regularly points to an ongoing selection process rather than a single allocation, and it ties the domestic holdings to the wider goal of building an asset management industry in Qatar rather than importing one deal at a time.
