Davos, January 15, 2024: QIA CEO Mansoor Ebrahim Al-Mahmoud stated that tech and healthcare will be key focus sectors for QIA in 2024 during an interview on the opening day of the World Economic Forum Annual Meeting in Davos. Speaking with Anchor and Editor-at-Large for Bloomberg TV, Francine Lacqua, the CEO highlighted QIA's interest in enterprise software, digitalization, and companies that embed AI into their business models. He added that QIA expects the global healthcare sector to benefit from the efficiencies enabled by AI technologies, and increased government spending to help aging populations.
When discussing QIA's global investment horizons, Mr. Al-Mahmoud stated that the US remains QIA's biggest investment market but added that he sees opportunities elsewhere in the world, especially Japan and in Europe, where he sees valuation as attractive.
Mr. Al-Mahmoud underscored QIA's position as a long-term investor and said: “We have a long-term strategy and solid asset allocation, and we are going to remain on the same trajectory."
Discussing the current state of the world economy, Mr. Al-Mahmoud highlighted that 2024 would bring clarity in the fight against inflation, adding that QIA would continue to closely monitor global developments and actions taken by central governments on interest rates.
Watch the full interview here: Watch QIA CEO: 2024 To Bring Clarity on Economy - Bloomberg​