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DUBAI, Oct 8: A company run by a member of Qatar’s ruling family is investing around $1.5 billion in Zimbabwe, to build an oil refinery and a hotel, and says it is not concerned about the country’s political and economic crisis.
Venessia Petroleum plans to build a 120,000 barrels-per-day refinery in Harare, while a sister company will develop a five-star hotel in the Zimbabwean capital, the company’s general manager Jawhar Zaidi said on Monday.
—Reuters
