Qatar Update
By Tim Nelson
Negotiations continue between UNC-Chapel Hill and the Qatar Foundation
regarding the possible establishment of a satellite campus of the
Kenan-Flagler Business School in the Persian Gulf country of Qatar.
The University is waiting for a response from the Qataris after
submitting its budget proposal in December.
Several issues remain unresolved, including the level of security
for Carolina faculty in Qatar and the amount of a one-time gift
to UNC Chapel Hill.
UNC Chapel Hill asked for a gift of $35 million. A lawyer for
the Qatar Foundation countered with a $10 million offer.
Chancellor James Moeser is expected to make a final decision next
month.
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