Wednesday 27 November 2024
 
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Al Fayed

Qatar Holding buys luxury store Harrods for $2.3bn

Qatar Holding, the prime vehicle for strategic and direct investments by the State of Qatar, has acquired the prestigious London department store Harrods in a $2.3 billion deal, said a report, citing sources. Qatar Holding i

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Qatar investor acquires UK luxury retailer

Egyptian-born businessman Mohammed Al Fayed has sold prestigious London department store Harrods to the investment vehicle of the Qatar royal family in a deal reported to be worth around GBP1.5 billion ($2.3 billion). A spokesman for Lazar

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