Qatar Investment Authority -QIA, Sovereign wealth fund, said the severe decline in crude prices won't affect its investment plans. Ahmed Al-Sayed, chief executive officer of QIA said the fund enjoys strongly immune against any negative impacts could result from volatility in oil price, reported Bloomberg.

"We are already adjusted and ready for such a scenario”, he affirmed. Earlier, QIA revealed that it targets about $15 billion of investments in China, north Asia and Singapore in the medium to long term, a person familiar with the matter said last month.

Meanwhile, Qatar Holding LLC, the foreign investment arm of the QIA, has invested in luxury hotels in Europe and financial-services firms such as Barclays Plc (BARC) and Credit Suisse Group AG. It’s also the largest shareholder in commodities producer Glencore Plc.