Retail in Asia

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Qatar buys Raffles hotels in Paris and Singapore

Qatar National Hotels (QNH) said on Monday that it has taken over the ownership of two iconic Raffles properties in Singapore and Paris.

"Adding these iconic properties to our portfolio represents consistent steps of QNH’s strategic expansion at the international level," said Hamad Abdulla Al Mulla, CEO of QNH.

(Source: cpp-luxury.com)