Qatar Holding has bought the famous London department store Harrods,...

Qatar Holding has bought the famous London department store Harrods, paying a reported price of £1.5 billion (€1.75bn-$2.23bn). The former owner, Mohamed Al Fayed, is now honorary chairman, and its managing director, Michael Ward, will stay on as well. Qatar Holding is the strategic and direct investment arm of the ...

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