HomeWorldQatar reviews London investments after transport advertising ban

Qatar reviews London investments after transport advertising ban

epa09941335 A man walks through an empty station on the underground section of the Elizabeth Line on Liverpool Street in London, Britain, on May 11, 2022 (issued May 12, 2022).  Transport for London (TfL) has announced that the over-budgeted and delayed Crossrail project will open to passengers on May 24, 2022. Known as the Elizabeth line, it was scheduled to start in December 2018, but the 18,800-strong project billion pounds sterling has missed several targets amid rising costs.  EPA/NEIL HALL

Qatar began a review of its investments in London, after the British capital banned advertising from that country on public transport, the Financial Times reported on Saturday.

The decision by Transport for London (TfL), the company that manages public transport in London, is a response, according to the media, concern raised over Qatar’s policies towards the LGBT community and treatment of migrant workersrefers to EF.

According to this information, Doha would have been outraged by the decision, at a time when it is the target of criticism as the venue for the soccer World Cup.

A Qatari source told the Financial Times that TfL contacted Q22, the body that coordinates the World Cup, and Qatar’s tourism authority this week to inform them of the ban.

After that, Doha launched “a review of your current and future investments in London”city ​​in which it is one of the largest investors through its sovereign wealth fund.

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

In 2019, London Mayor Labor Sadiq Khan asked TfL to investigate the advertising and sponsorships it receives from countries with anti-LGBT laws, leading to the suspension of new deals with 11 countries, including Qatar, Pakistan and Saudi Arabia. Arabian.

TfL admitted that “some ads” from those countries were still to be shown on the transport network, according to the Financial Times, but it vetoed it after Qatar’s decision to prevent the teams from using the rainbow flag in World Cup games soccer.

Source: Observadora

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