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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments, Market

Qatar plans Harrods hotels in Malaysia, Paris

Posted on 04 July 2012

Qatar’s sovereign wealth fund plans to take the Harrods brand global to cities such as Paris and New York, and will start by building a luxury hotel named after the upmarket London department store in Malaysia’s capital Kuala Lumpur.
Qatar Holding has signed an agreement with Malaysian partner Jerantas Sdn Bhd to build a hotel in Kuala Lumpur’s Bukit Bintang shopping district. A hotel management company will be established to develop similar projects around the world, Qatar Holding said in a statement………………………………………..Full Article: Source


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