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