Qatar's royal family has acquired a 219,000-sq-ft mid-block building near the White House for $107.9 million, said a report.
The property 1575 Eye St. NW, was bought by the family through Duwaliya US Real Estate, the American
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.
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.
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.
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