Ashley Hughes wandering about the desert in the middle east.
In case you haven't heard Mohammed
al-Fayed (you may be familiar with his son Dodi), has sold the
Harrods store to Qatar Holdings for a reported 1.5 billion
pounds ($2.3 billion). I enjoy grabbing Harrods
loose leaf tea whenever at the London airport. I had some this
morning and it reminded me of another holding company I try to follow... the exotic al-Thani family's Qatar Holdings. The Qatar Investment
Authority (QIA), has a 20% stake in the London Stock Exchange and
Harrods; as well as substantial holdings in Barclays Bank; slightly over 9% in
Hochtief; Credit Suisse, 17% in Volkswagen and 10% in Porsche. Looks like the al-Thani
family has a profitable future.
The CEO of the Board
of Directors of the Qatari state fund, Qatar Holdings, is Ahmad
Mohamed Al-Sayed. This 35 year old international student has studied law and
business acumen in Doha, Boston, New York and Paris.
Another thing I found interesting was
much of the natural gas now used to power the UK, is from Qatar. It is shipped as Liquefied Natural Gas (LNG), into Milford Haven, Pembrokeshir, Whales, before
being piped to Gloucestershire for further distribution.
A little bird told me about tile and cement. hint hint wink wink
I love to travel. It is a key
information medium for the business elite and ensures development of personal rapport.
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