Indonesia, Qatar to form $4bn joint fund as Prabowo wraps Middle East tour

President woos Arab investments to support Danantara, offset U.S. tariff threats

20250415 Prabowo Qatar emir

Indonesian President Prabowo Subianto, left, meets Qatari Emir Tamim bin Hamad bin Khalifa Al Thani in Doha on Apr. 13. Both countries agreed to set up a $4 billion joint fund that will be invested through Indonesia's new sovereign wealth fund, Danantara. (Photo courtesy of Indonesia's presidential office)

NANA SHIBATA

JAKARTA -- President Prabowo Subianto concluded his week-long tour of the Middle East on Tuesday, expressing optimism about new trade ties and investment commitments -- notably a planned $4 billion joint fund with Qatar through Danantara Indonesia.

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