Qatari investment in UK grew to QR124bn
- Qatar: Saturday, March 02 - 2013 at 00:29
The Qatari Businessmen's Association (QBA) has said the country's investments in the UK currently stand at more than QR124bn, the Peninsula has reported. The Gulf owns several companies and investments in the UK including Harrods, 26% of the shares of Sainsbury, 20% of the Camden Market in north London through its stake in the real estate investments company Chelsfield, and 95% of the tallest building in Western Europe, the Shard Tower. The volume of trade exchange between the two countries has reached £7bn (QR38.5bn) between January and July 2012, the QBA said.
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