Regional stock market indices Regional currency rates Qatar Buys Back its Stakes at Credit Suisse According to Qatar’s Prime Minister, the natural gas rich country is buying back its shares at Credit Suisse and is planning on spending $15 billion this year to purchase shares in European and US banking institutions. The purchase deal that is still going on has not yet reached the 3% threshold at which the Swiss Stock Exchange regulations stipulate the disclosure of the acquirer’s name. The Qatari Investment Council, an emerging GCC sovereign wealth fund, has also revealed plans to set up funds in Finland and Malaysia, similar to the one that was established in Indonesia last month, at $1 billion each. Libya Plans on Creating Energy City at $3.8 Billion The Gulf Finance House of Bahrain signed a $3.8 billion deal, this month, with Tripoli’s Economic & Social Development Fund to create an energy
