Mohamed Al Fayed Sells Harrods for $2.2 Billion

After owning famed British department store Harrods for the last 25 years, businessman Mohamed Al Fayed has brokered a deal to sell for a reported $2.2 billion. The new owners? Qatar Holding, a private equity firm run by the Qatar royal family, which already owns stakes in London’s Canary Wharf, Sainsbury grocery stores and British Read more →