The Qatar Investment Authority (QIA) is a sovereign wealth fund founded in 2005 to protect and expand the nation’s financial assets and support diversification of the economy. Managing more than $526 billion as of late 2024, QIA channels Qatar’s oil and gas revenues into a global investment portfolio. Headquartered in the Ooredoo Tower in Doha’s West Bay district, the fund follows a long-term responsible investment approach designed to preserve wealth for future generations and contribute to Qatar’s economic stability.
QIA deploys capital across a broad range of sectors and asset types, including public and private equity, fixed income, real estate, infrastructure, and alternative investments. Its portfolio spans technology, media and telecommunications; healthcare; financial institutions; consumer markets; industrials and materials; and liquidity instruments. The fund pursues opportunities in established markets and emerging regions through direct investments and a fund of funds program that supports international and regional venture capital and startup ecosystems. Governance standards align with international principles, and the organization follows clear tax and sustainability policies that guide each investment decision.
QIA has backed initiatives across clean technology and battery technology. In August 2024, it invested $180 million in TechMet Limited, a firm focused on critical minerals such as lithium, nickel and cobalt. Earlier investments include a $1.2 billion stake in SK On, a global electric vehicle battery producer, and participation in a $542 million round for Ascend Elements, a supplier of engineered battery materials. QIA also provided €2.4 billion to RWE for renewable power projects and has stakes in Rolls-Royce SMR low-carbon nuclear technology, Enel’s renewable energy ventures, and India’s Adani Green Energy. Its fund of funds initiative, backed by over $1 billion, offers scope for further clean tech investments.
