Harrods sold to Qatari royal family

Department store Harrods is being sold to the Qatari royal family as current owner Mohamed al Fayed has decided to retire, an investment bank handling the sale said today.

Harrods sold to Qatari royal family

Department store Harrods is being sold to the Qatari royal family as current owner Mohamed al Fayed has decided to retire, an investment bank handling the sale said today.

The new owners of the world-famous shop, who are reportedly paying a purchase price of £1.5bn (€1.73bn), were chosen because they would “maintain the traditions of Harrods”.

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