Qatar licence fuels Wall Street's Gulf ambitions

Goldman Sachs is in a better position to grab a slice of the financial services boom in the Middle East after gaining a banking licence from the regulator of Qatar, which has pledged to invest more than $130bn (€95bn) in its economy.

Goldman, which has an office in the Qatar Financial Centre, has been granted a licence to issue securities and offer lending services in the country, adding to a permit it holds in Dubai.

WSJ Logo
Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire