Qatar’s Investment in Harrods seems to be a Smart Move

Posted on 02/08/2011

In 2008, several Middle-Eastern sovereign funds and corporations started investing heavily in retail companies in developed economies. For many it didn’t pay off. In 2006, Dubai World’s strategic arm, Istithmar World investment purchased NY-based Loehmann Holdings’s for US$ 300 million. In November of 2011 Loehmann’s filed for bankruptcy court protection. Qatar Holdings LLC, the sovereign […]