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Qatar analyzes its investments in London after the ban on advertising on the subway

Qatar has begun to review its investments in London after the public transport of the British capital has vetoed the advertisements of that country on the subway, buses and taxis, as published this Saturday by the newspaper “Financial Times” (FT).

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The decision of Transport for London (TfL)the company that manages the public transport of Londonresponds, according to the outlet, to the concern raised by Qatari policies towards the community LGBTI and its treatment of migrant workers.

According to this information, Doha has been enraged after the decision, at a time when it is the target of criticism as host of the World Cup.

A Qatari source told the newspaper that TfL contacted Q22 – the body that coordinates the celebration of the World Cup – and the Qatari tourism authority to inform them this week of the ban.

After that, Doha He launched “a review of your current and future investments in London”, where he is one of the largest investors through his sovereign fund.

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The same source added that Qatar is now considering moving its money to other British cities and other countries, considering that the message that London has sent is that Qatari companies are not welcome in the capital.

In 2019, the Mayor of London, Labor Sadiq Khan, asked TfL to examine the advertising and sponsorship it receives from countries with anti-LGBT laws, which led to the suspension of new agreements with 11 countries, including Qatar, Pakistan and Saudi Arabia.

TfL admitted that “some announcements” of those countries were still being shown on the transport network, according to the “FT” but the veto came after Qatar’s decision to prevent national teams from wearing the rainbow armband in World Cup matches.

Source: Elcomercio

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