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Hassad Food capital raised to $3bn

Published: 13 May 2013 - 03:33 am | Last Updated: 03 Feb 2022 - 10:12 am

DOHA: The capital of Hassad Food Company has been increased from $1bn to $3bn.

It follows a decision during a Supreme Council for Economic Affairs and Investment meeting yesterday. 

The Emir H H Sheikh Hamad bin Khalifa Al Thani, also President of the council, chaired the second meeting for 2013 at the Emiri Diwan. 

The Heir Apparent and the Ccouncil’s Vice President H H Sheikh Tamim bin Hamad Al Thani and Prime Minister and Foreign Minister and the Council’s Executive Member        H E Sheikh Hamad bin Jassem bin Jabor Al Thani attended.

The Minister of  Economy and Finance and the council’s Secretary General H E Yousuf Hussain Kamal told Qatar News Agency that the meeting was briefed on follow-up of the council’s previous decisions and measures taken. 

He said the agenda included a presentation on Qatar Petroleum’s five-year plan (2013-2017), approval of the general budget and Qatar Petroleum’s income statement for the fiscal year ending on December 31, 2012.

The Peninsula