Qatar emirate buys over 1% of luxury group LVMH

Vivre à la française: Qatar Holding investment in LVMH raised at 1.03% Sovereign wealth fund Qatar Holding made a new investment in French luxury sector. The gas-rich emirate which has a participation in London department store Harrods, aquired a stake of slightly more than 1% in French luxury goods group LVMH Louis Vuitton Moet Hennessy. … Read more

Snow White Princess

The diamond-studded Snow White Princess wristwatch made its global debut at the Doha Jewellery and Watch Exhibition 2012. Mouawad, the 121-year old jeweller has chosen Qatar as the location for the very first unveiling of its latest creation, the Snow White Princess Diamond Watch. The women’s timepiece, valued at $6.8 million USD made its global … Read more

Fairmont Inks Mileage Agreement with Qatar Airways

Fairmont Hotels & Resorts announced a new marketing alliance with Qatar Airways, one of the world’s fastest growing airlines. As part of the new partnership, Fairmont guests on qualifying stays will now have the opportunity to earn 500 Qmiles or more in Qatar Airways’ Privilege Club program. Qualifying stays are subject to hotel availability at … Read more

Qatar, the world’s largest exporter of liquefied natural gas, now world’s richest nation

Qatar now world’s richest nation, says IMF Qatar, the world’s largest exporter of liquefied natural gas, surpassed Luxembourg as the world’s richest nation in 2010, according to the latest estimates from the International Monetary Fund. The IMF estimates the Gulf nation will have the world’s fastest-growing economy for a second year. Qatar has a population … Read more