qatar-considering-share-morgan-stanley-commodities
Qatar's prime minister, Sheikh Hamad bin Jassim al-Thani has said the Gulf country is considering a potential stake in Morgan Stanley's commodities unit, Bloomberg has reported. "We need a few weeks to look at the details, but we are looking at it seriously," he told reporters in Doha. Morgan Stanley's commodities business, which includes trading in futures contracts and buying and selling physical commodities, generated about $1.5bn in annual revenue over the past two years, Kian Abouhossein, a JPMorgan Chase & Co analyst, estimated in a March note.
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