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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Qatar SWF hopes for Harrods hotel in NY

Posted on 04 July 2012

Hussain Ali Al-AbdullaQatar Holding LLC, the investment arm of the country’s sovereign-wealth fund, plans to open Harrods hotels in cities including London, New York and Paris to build the British luxury retailer it bought two years ago into a global brand.
“We have already decided to build a Harrods Hotel in London, one in Kuala Lumpur and one in Sardinia, Italy,” Qatar Holding Vice Chairman Hussain Ali Al-Abdulla said. “We are looking to invest more in Malaysia because we think the economy is growing.”……………………………………….Full Article: Source


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