Kyle Whitehill will replace outgoing chief executive Richard Daly from June.
Prime Minister Sheikh Hamad bin Jassim al-Thani was speaking during a conference in Berlin.
The lender will raise the amount through two share sales including an IPO on the Doha bourse, its CEO said.
Infrastructure spending in Qatar will average over 10 per cent of gross domestic product ahead of the World Cup.
Both companies are involved in LNG projects in Qatar and have shared interests in LNG terminals in the UK, Italy and the US.
The soft opening of the region’s new airport was scheduled for April 1, having already been pushed back from December last year.
The deal is the first joint investment by Qatar Petroleum International and Britain’s biggest energy supplier.
The Gulf airline has an order for up to 60 Boeing 787s, 30 firm orders plus an option to buy 30 more.
Experts say the country’s sovereign wealth fund is only focussed on investments with high returns.
City of Chicago Mayor Rahm Emanuel said the service will generate more than $200 million in economic benefits annually
The gas-rich Gulf state has already provided Cairo with $5 billion in loans and grants since Egypt’s Islamist President Mohamed Mursi was elected last year.
The lender recently opened an office in Australia, and plans to open one in Sharjah.
Valentino Rossi, back at Yamaha after two years at Ducati, finished second behind teammate Jorge Lorenzo.
The bank’s lending growth year-on-year stood at 28.7 per cent during the first quarter.
Despite an oversupply of hotel rooms in Doha, Four Seasons will open its second hotel in the city, says senior official.
The new firm is backed by Qatar’s sovereign wealth fund, Qatar Holding.
Commercial Bank of Qatar has hired Morgan Stanley and Bank Of America Merrill Lynch for the issue of a Tier 1 bond.
Qatar plans to boost government spending by 18 per cent to QR210.6 billion in the 2013/14 fiscal year.
Three large deliveries from Qatar of super-cooled gas over the last week increased stocks of liquefied natural gas to 6,219 GWh.
Economic growth in Qatar is expected to be more than four per cent this year, driven by the non-hydrocarbon sector.
Despite official safety claims, 43 per cent of the UAE’s residents still say they have never taken part in a fire drill, finds new survey by Honeywell.
Growth for the fourth quarter slowed 0.1 per cent from Q3 but still grew 6.6 per cent on the previous year.
Borletti and RREEF bought Printemps in 2006 from French luxury group PPR for 1.1 billion euros ($1.41 billion).
The investment bank plans to launch at least 30 Islamic funds over the next three years
Qatar’s emir, Sheikh Hamad bin Khalifa Al-Thani, said his country will contribute $250 million to the fund.
Individual shareholders and investment funds holding minority stakes in NSGB will have to pay a 10 per cent tax on their gains.
FIFA president Sepp Blatter has said that any request to change the timing of the event from summer to cooler months would have to come from Qatar.
It is often unclear what Doha wants back from its investments – an ego boost, political, or a financial return.
The new capacity raises its Iraq network to five destinations and frequencies to 20 weekly services
First-quarter sales volumes will be down by around 40,000 bpd partly due to production issues in the MENA region.