The head of QIA, one of the world’s largest sovereign wealth funds, says the UK remains a “main destination” for investment despite doubts about the country’s future in the European Union and the outcome of the general election next year.
Ahmad Al-Sayed, chief executive of the Qatar Investment Authority, said the fund was a “long-term investor” and stressed it was committed to London and the UK.
Mr Al-Sayed was speaking at Harrods, which the QIA bought for about £1.5bn in 2010, as the department store unveiled a new glass chandelier in its grand hall entrance.
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Photo: London’s Harrods