Qatar Investment Authority

FRANKFURT (Reuters) - Qatar plans to invest billions of dollars more in Germany and will broaden its focus to the country's medium-sized companies, business newspaper Handelsblatt said in a report due to be published on Monday.

Chinese conglomerate CEFC will buy a 14.16 percent stake in Russian oil major Rosneft for $9.1 billion from a consortium of Glencore and the Qatar Investment Authority, strengthening the energy partnership between Moscow and Beijing.

Qatar's state investment fund, Qatari Diar, has pulled out of a project to build a luxury resort in the Przna bay in the coastal town of Tivat.

The "Beyond Horizon" project, which started in 2011, envisaged the construction of five-star villas in a cove with a sandy beach in Krtole, near Tivat, and was worth about 350 million euro.