Deutsche Bank AG is taking 1.75 billion euros ($2.4 billion) of Qatari funds to shore up capital, joining banks from Barclays Plc to Credit Suisse Group AG courting the world’s richest nation during times of need.
Tamim bin Hamad Al Thani had just turned 15 years old the summer his father overthrew his grandfather. It was June 1995. While Sheikh Khalifa bin Hamad Al Thani, the emir of Qatar, was traveling in Switzerland, Tamim’s father deposed him in a bloodless coup.
Pumping his fist into the Paris air, Sheikh Abdullah bin Zayed Al Nahyan, an Abu Dhabi royal, celebrated the award of the 2020 World Expo to Dubai. A Dubai counterpart returned the favor three weeks later, hailing Abu Dhabi’s role in securing the event.