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In sum, Qatar owns a large chunk of London's modern skyline.Qatar's portfolio extends to fabled British institutions as well, such as Harrods, which it bought back in 2010 for a reported $2.3 billion dollars, adding the high end Claridge's Hotel in 2015 to its collection of luxury hotels in the capital.Qatar has been acquiring assets for years and with additions like the U.S. Embassy in Mayfair, which will become yet another luxury hotel when the embassy moves south of the Thames.This is supposed to be a new era under the son of Sheikh Hamad, with the 34-year-old Sheikh Tamim, who promised members of the Arab quartet a difference mode of operation. Judging by his recent investment pronouncements, Qatar wants to utilize its investment capital to remain a player on both sides of the Atlantic. Qatar has pledged to invest another $6.5 billion in Britain and to appease the new U.S. President, $10 billion in infrastructure, a White House priority. With the diplomatic row, natural gas prices down by over 60 percent from their highs and $200 billion worth of construction projects to complete for the 2022 football World Cup, Qatar may be forced to rethink its priorities.
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