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Qatar launches Monaco hotels JV
9 August 2010: Qatari Diar and Monaco's National Company for Finance have launched an international JV aimed at buying and managing hotels and tourist resorts in Europe, North America and the Middle East. The new firm, 'Monaco QD International Hotels and Resorts Management', will have an initial capital of Euro 5 million and will be headquartered in Monaco.
Source: Ameinfo