(MENAFN) Qatar's sovereign wealth fund has funded its London luxury department store Harrods, which it has acquired in 2010, with as much as USD412 million, according to Arabian Business
Ahmad Al-Sayed, CEO of Qatar Investment Authority (QIA), said that Britain will remain as a "main destination" for the fund
QIA receives about USD29.3 billion every year from Qatar's government, and is considered as the world's richest funds
QIA owns a number of stakes in prominent British companies, such as the holding company which owns Heathrow Airport
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