Doha:CEO of the Qatar Investment Authority (QIA) Mohammed Saif Al Sowaidi has affirmed the organization's commitment to preserving and growing the nation's wealth for future generations. He emphasized that QIA operates with a long-term vision, insulated from short-term market fluctuations.

According to Qatar News Agency, Al Sowaidi shared these insights during a panel discussion at the "Global Perspectives In Doha" event, organized by CNN in collaboration with Media City Qatar. This event marked its debut in the Middle East and the Gulf region.

Al Sowaidi highlighted that QIA's focus as a long-term investor allows it to build strategic partnerships with companies, providing stable and patient capital to support sustainable business growth. He outlined the organization's objectives, including preparing for the expansion of liquefied natural gas (LNG) production in Qatar and efficiently deploying the expected revenue growth through diversified investments.

He emphasized the importance of managing the relationship between the state's fiscal and investment policies, maintaining safety margins, and ensuring the capacity to meet future obligations without compromising wealth preservation for future generations. The CEO also underscored the significance of the United States as a key investment destination, citing the country's economic scale, financial market depth, and leadership in innovation.

Al Sowaidi noted QIA's USD 500 billion investment commitment in the United States over the next decade, reflecting the size of the US market and its global economic standing. He mentioned QIA's plans to strengthen its presence in the US by expanding its New York office team.

The CEO also discussed QIA's selective approach to AI and technology investments, focusing on companies with sustainable business models and the potential for medium to long-term revenue generation. He highlighted QIA's investments in advanced technology firms, including Anthropic, and stressed the importance of understanding future economic and technological trends.

Al Sowaidi concluded by emphasizing the importance of building trust with international partners and QIA's commitment to long-term partnerships combined with rigorous due diligence. The Authority aims to strengthen communication and bridge gaps between investors and companies by maintaining a presence in major financial centers like New York and Singapore.