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Qatar Holding

May 10, 2010

Qatar Holding, the investment arm of the Qatari royal family, has purchased London department store Harrods from its billionaire owner Mohamed Al Fayed.

Qatar Holding, the investment arm of the Qatari royal family, has purchased London department store Harrods from its billionaire owner Mohamed Al Fayed.
 
Al Fayed's advisors Lazard International made the announcement in a statement released on Saturday. "The Al Fayed family trust, owners of Harrods, announce that they have today sold the Harrods Group to Qatar Holding," it said.
 

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