Friday 25 July 2014
 
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royal family

Qatari royal family buys Valentino for $857m

Iconic Italian fashion house Valentino has been snapped up by the Qatari royal family for 700 million euros ($857.46 million), marking one of the most prominent purchases of a European top designer brand by an emerging market investor.

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Qatar in key Valentino acquisition talks

London-based private equity fund Permira is in exclusive talks with the Qatari royal family over the sale of Italian fashion house Valentino and a decision is expected by the end of the month, four sources close to the talks said. The Qata

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Saudi King orders clamp on market manipulation

King Abdullah has ordered a crackdown on manipulation of Saudi Arabia's booming stock market, insisting action should be taken if necessary against improper trading by members of the royal family, the daily Alsharq newspaper reported. In a

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Bahrain resident denies UK fraud

A Bahrain resident, reportedly under investigation for allegedly using the royal family's name to fraudulently obtain shares in a UK investment bank and take control of an English football club, has denied the allegations. The Briton, who

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