Qatar Goes Its Own Way As An Emerging Market In The Gulf

Doha makes a play.

On July 10, the Qatar Investment Authority (QIA), based in the capital city of Doha, announced that it was buying a minority position in Monumental Sports & Entertainment – owners of the NBA’s Washington Wizards and NHL’s Washington Capitals, to name a few. The QIA is no stranger to Washington. It is the principal owner of CityCenterDC, a mixed-use real estate development which brought a little bit of Doha swag to the capital.