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Qatar Holding earns £100m from Harrods dividend

Qatar Holding, the Gulf country's investment fund, has earned £100.5m ($157.8m) in dividend in their first full year of ownership after the retailer posted record annual profits, the Independent has reported. The dividend is for the year to 28 January, more than four times the £22.7m paid the previous year. Qatar Holding acquired Harrods for £1.5bn in May 2010 from its former owner, Mohamed al-Fayed.