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Karim (Kareem) Al-Fayed is son of Mohamed Al-Fayed

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Mohamed Abdel Moneim Fayed and Mohamed Al-Fayed (Arabic: ???? ??????), born January 27, 1933 at Bakos (?????), a village east of Alexandria in Egypt, is a businessman. It is, among other things, owns the football club in the Premier League in London, the Fulham Football Club.

Mohamed Al-Fayed is married to former model Heini Wathen Finnish. Together they have four children Jasmine, Karim, Camilla and Omar. Dodi Al-Fayed, his son from his first marriage, died in car accident that also killed Diana, Princess of Wales, August 31, 1997.

The beginnings in business

Eldest son of a humble teacher, Fayed held many jobs, sales of Coca-Cola in the streets of his city to work seller of sewing machines.

In 1954, he married Samira Khashoggi, sister of Adnan Khashoggi, whom he met on a beach in Alexandria [2]. Together they have a son, Dodi Al-Fayed, born in 1955. The marriage lasted two years. Adnan Khashoggi employs in his import business in Saudi Arabia after being widely established in the circles of influence of the UAE, Haiti and London, Fayed returns to Egypt and founded his own shipping company before becoming financial advisor to one of the richest men in the world, the Sultan of Brunei in 1966.

In 1974, he arrived in Britain and adds the "Al" to his name (he was nicknamed "The Phoney Pharaoh", "The pharaoh phony," the newspaper Private Eye). Al-Fayed joined briefly (nine months) the board of directors of mining conglomerate Lonrho in 1975.

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In 1985, he married Heini Wathen, his second wife.
The time and financial scandals Harrods

In 1979, Fayed bought the Ritz Hotel, a luxury hotel in Paris with his brother Ali.

In 1985, the brothers bought the company House of Fraser, including the famous London store Harrods, for £ 615 million [1]. The case is made under the nose of Tiny Rowland, a London businessman then head of Lonrho. Rowland was seeking to buy Harrods Fayed and sent them to the Department of Trade and Industry. The ensuing investigation involving one of the worst cases of feuds in the history of business in England, completed in 1990 by a report stating that the Fayed brothers had lied about their curriculum and their financial resources. The feud with Rowland continued when the latter accuse of stealing millions in jewels from his safe located in Harrods. Al-Fayed will resolve the conflict after the death of Rowland by paying money to his widow. Fayed, who was arrested during the dispute, the Metropolitan Police Service will continue to court in 2002 but lose the trial.

In 1994, House of Fraser is set in the market, but remains Fayed owns Harrods.

For years he tried unsuccessfully to gain access to British citizenship. Despite the fact that he has four British children and pays millions of pounds of tax in England, ministers of internal affairs, as Labour Conservatives reject successively and repeatedly the application on the grounds that he bad reputation. It will bring the matter to court, unsuccessfully. In an effort to improve its image, it offers millions of pounds to charities such as Great Ormond Street Hospital, a children's hospital .

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In October 1994, Fayed was involved in a political scandal, the "Cash for questions scandal." It reveals a Guardian journalist had paid two Conservative members of Parliament, Neil Hamilton and Tim Smith to ask questions on behalf of the parliament, which some observers see as a "sting" set in order to incriminate government ministers who had "abused". The two "MP" resign from the government.

It will also make public the fact that Jonathan Aitken, then defense minister, had stayed at the Ritz in Paris for free along with a group of Saudi arms dealers. This revelation will destroy a defamation case against Aitken British daily The Guardian and had resulted in the perjury conviction for Aitken to 18 months in prison.

The tragedy of his son and Diana
See: Section on the accident of Diana Spencer.

Fayed's son, Dodi Al-Fayed, then spouse of Princess Diana who was divorced just a year earlier, was killed with it in a car crash in Paris Aug. 31, 1997.

From February 1998, Mohamed Al-Fayed claims on issues that the deaths were not accidental but rather the result of a conspiracy involving Prince Philip, MI6 and others. Fayed suggest that members of the royal family including Prince Charles, did not support the high-profile relationship of Diana and Dodi. He will discuss further the possibility that the Princess was pregnant with Dodi's child (she was already the mother of Prince William and Prince Henry, both pretenders to the British throne), although their relationship had started only a few time before their death, and say they intend to publicly announce their engagement on September 1, the day after the tragedy.

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In 1998, he helped in founding The New School at West Heath as a tribute to the late Princess Diana, contributing about 3 million pounds sterling, through his own charitable foundation, the Al-Fayed Charitable Foundation.

In December 2000, Al-Fayed himself withdraw from all Royal Warrants granted historically Harrods [3]. None of the British royal family issuers of these warrants have made a purchase in the store since the death of Diana.

Fayed also declare to be the victim of a long smear campaign linking him to terrorist group Al Qaeda.
Recently

In 2003, Fayed moved from Surrey in the UK to Switzerland, alleging a breach in the agreement with the UK Department responsible for collecting taxes. In January 2005, a newspaper in Geneva demonstrates that Fayed moved again in Monaco to take advantage of more favorable tax climate. Fayed believes now take the UAE passport and stop applying for British citizenship.

Fayed has a fortune estimated between 800 million and U.S. $ 3.3 billion and continues to support many charities through Al-Fayed Charitable Foundation. However, it is often criticized because it does not help the NGOs and associations of his native Egypt.

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Fulham FC

In summer 1997, Fayed bought Fulham FC Football League One then to President Jimmy Hill. This takeover was similar to that of Roman Abramovich in 2003 for Chelsea FC. Fulham he wanted to become a football power for his pleasure, his reputation and financial interests as well. It also aimed to reach the FA Premier League in five years, and installs a great management team consisting of Ray Wilkins and Kevin Keegan. Fulham easily won the title of the Football League One (D3) with a record 101 points and in 2001 he brought the coach Jean Tigana at the helm of the team then Coca-Cola Championship (D2).

Fayed said he wanted Fulham to become the 'Manchester United of the South' in reference to the attainment of the status of Manchester United the best club in the world. Al-Fayed invests more than £ 30 million in transfers, however, in 2001 the team finished in 13th place. While at first it seemed humanly invest for the team he now manages the team like a business. From 2003 to 2006, very little money has been invested, but in the summer of 2006, Fayed put £ 6 million in transfers, which motivate the fans.

The tragedy of his son and Diana
See: Section on the accident of Diana Spencer.

Fayed's son, Dodi Al-Fayed, then spouse of Princess Diana who was divorced just a year earlier, was killed with it in a car crash in Paris Aug. 31, 1997.

From February 1998, Mohamed Al-Fayed claims on issues that the deaths were not accidental but rather the result of a conspiracy involving Prince Philip, MI6 and others. Fayed suggest that members of the royal family including Prince Charles, did not support the high-profile relationship of Diana and Dodi. He will discuss further the possibility that the Princess was pregnant with Dodi's child (she was already the mother of Prince William and Prince Henry, both pretenders to the British throne), although their relationship had started only a few time before their death, and say they intend to publicly announce their engagement on September 1, the day after the tragedy.

In 1998, he helped in founding The New School at West Heath as a tribute to the late Princess Diana, contributing about 3 million pounds sterling, through his own charitable foundation, the Al-Fayed Charitable Foundation.

-> Site for Karim Al-Fayed, Kareem

In December 2000, Al-Fayed himself withdraw from all Royal Warrants granted historically Harrods [3]. None of the British royal family issuers of these warrants have made a purchase in the store since the death of Diana.

Fayed also declare to be the victim of a long smear campaign linking him to terrorist group Al Qaeda.
Recently

In 2003, Fayed moved from Surrey in the UK to Switzerland, alleging a breach in the agreement with the UK Department responsible for collecting taxes. In January 2005, a newspaper in Geneva demonstrates that Fayed moved again in Monaco to take advantage of more favorable tax climate. Fayed believes now take the UAE passport and stop applying for British citizenship.

Fayed has a fortune estimated between 800 million and U.S. $ 3.3 billion and continues to support many charities through Al-Fayed Charitable Foundation. However, it is often criticized because it does not help the NGOs and associations of his native Egypt.
Fulham FC

In summer 1997, Fayed bought Fulham FC Football League One then to President Jimmy Hill. This takeover was similar to that of Roman Abramovich in 2003 for Chelsea FC. Fulham he wanted to become a football power for his pleasure, his reputation and financial interests as well. It was also intended to achieve the FA Premier League in five years, and installs a great management team consisting of Ray Wilkins and Kevin Keegan. Fulham easily won the title of the Football League One (D3) with a record 101 points and in 2001 he brought the coach Jean Tigana at the helm of the team then Coca-Cola Championship (D2).

Fayed said he wanted Fulham to become the 'Manchester United of the South' in reference to the attainment of the status of Manchester United the best club in the world. Al-Fayed invests more than £ 30 million in transfers, however, in 2001 the team finished in 13th place. While at first it seemed humanly invest for the team he now manages the team like a business. From 2003 to 2006, very little money has been invested, but in the summer of 2006, Fayed put £ 6 million in transfers, which motivate the fans.

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Mohamed Al-Fayed sells Harrods to the royal family of Qatar

The royal family of Qatar, represented by Qatar Holding, has acquired the luxury London store Harrods Egyptian billionaire Mohamed Al-Fayed. The transaction would cost the Qatar 1.5 billion pounds (1.7 billion euros).
By Dispatch (text)

AFP - Egyptian billionaire Mohamed Al Fayed has sold Harrods, the famous luxury brand in central London, Qatar Holding, representing the interests of the Emir of Qatar, said Saturday the bank acting on behalf of Mr. Al -Fayed.

"The management company of the Al-Fayed, owner of Harrods, today announced that it sold today (Saturday) at the Harrods group Qatar Holding", told AFP the bank Lazard International, acting on behalf of Mr Al-Fayed.

The bank did not disclose financial terms of the agreement. According to the BBC and news channel Sky News, the sale was concluded for 1.5 billion pounds (1.7 billion euros).

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"After 25 years as chairman of Harrods, Mohamed Al-Fayed has decided to retire and spend more time with his children and grandchildren," said Ken Costa, chairman of Lazard International, in a statement AFP.

"He wanted to ensure that his legacy and tradition that he built continues to Harrods and the team he built is encouraged to develop the foundations he laid," he added.

Qatar Holding, the investment company of the emir of Qatar, "was chosen specifically for its vision and financial capacity to support long-term growth of Harrods," he said.

Mr Al-Fayed, who also owns the English soccer club Fulham, has acquired the prestigious Harrods in 1985 for 615 million pounds (714 million euros) after a long battle with the former owner.

The store, located in the heart of London in a remarkable piece of architecture, has a sales area of ??90,000 m2 distributed in 330 counties. Its slogan is: "Omnia Omnibus Ubique" ("Everything for everyone, everywhere").

Founded in 1851, Harrods attracts 15 million people.

Mohamed Al-Fayed is also known on his long quest to prove in vain, that his son Dodi and Princess Diana, killed in a car crash in Paris in 1997, have in fact been murdered.


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Mohamed Al-Fayed sells the famous luxury store Harrods

Miliardaire the Egyptian Mohamed Al-Fayed, 77, has officially sold the luxury London store Harrods. The new owner called Qatar Holding.

The amount of the transaction were not disclosed, but it would be around 1.7 billion euros, according to British media. The sale was made in Qatar Holding, which represents the interests of the royal family of Qatar. Qatar Holding becomes the fifth owner of the luxury stores since its creation in 1849 by Charles Harrod, who had opened at the time a small grocery store.

Mohamed Al-Fayed had bought the famous brand of central London with his two brothers, twenty-five years, for the sum of 714 million euros.

Owner of the Ritz Hotel in Paris, the Egyptian billionaire is best known worldwide as the father of Dodi Al-Fayed, companion of Princess Diana. Both were killed in a car crash in Paris in 1997. Mohamed Al-Fayed has tried, unsuccessfully, to prove that the couple were murdered by British secret services on the orders of the royal family.


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Mohamed Al-Fayed would be good president of an independent Scotland

Egyptian billionaire father of Dodi Al-Fayed, owns property in the Highlands and hopes to get citizenship if Scottish independence.

Egyptian billionaire Mohamed Al-Fayed has called on Scots to separate the "English politicians and their appalling" and said he was ready to become the president of an independent Scotland, according to comments published Sunday in The Sunday Times.

"You guys Scots live in a coma for too long," he told the newspaper Mr Al-Fayed, who owns property in the Scottish Highlands and hoped to obtain citizenship in the Scottish case of future independence.

"Whatever assistance that Scotland needs to regain its independence, I will provide. When other Scottish recover your freedom, I am ready to be your president," added the Egyptian tycoon, who has unsuccessfully sought to several occasions the British passport.

Scotland has a parliament and a regional government since the historic steps so-called "devolution" decided in 1999. The First Minister of Scotland Alex Salmond, the SNP Independence Party, has promised to hold a referendum on independence for the region but Prime Minister Gordon Brown, a native of Scotland, is firmly opposed.

"I will do for Scotland but I do not want that Alex Salmond. I asked to meet him but he refused. I wanted to offer help and advice but he did not want" said Mohamed Al-Fayed.

Owner of the luxury store Harrods in London and the London football club Fulham, he is the father of Dodi Al-Fayed, killed in the accident which also killed Princess Diana in Paris in 1997. He has long supported the couple was killed as part of a plot hatched by Prince Philip, husband of Queen Elizabeth.

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Qatar buys Harrods Mohammed al-Fayed

Egyptian billionaire sells the British department store for a price estimated at 1.7 billion euros.

A mythical store changes hands. Harrods has been sold to Qatar Holding, a subsidiary of sovereign fund Qatar Investment Authority, for an amount estimated by the news channel Sky News to 1.5 billion pounds (1.7 billion euros). Mohammed al-Fayed had held since 1985, the famous brand of luxury in the heart of London. But the Egyptian billionaire father of Dodi al-Fayed, who died with Princess Diana in a car crash in Paris in 1997 and also owns the English soccer club Fulham, has decided, at age 77, to retire from business and spend more time with his family. He remained honorary chairman of the luxury store he bought it twenty five years ago for 615 million pounds after a long battle.

Harrods was established in 1850 by a small grocer Charles Harrods, has become decades ago, the temple of British opulence. Proudly displaying the motto "Omnia Omnibus Ubique" (Everything for everyone, everywhere), Harrods, which is also a bank and a real estate agency, is proud to be able to satisfy any command, like building yacht or ship herring fees to Alfred Hitchcock to Hollywood. In its 330 departments, the British brand has everything that luxury can offer the best beluga caviar luxury perfume, to 350 kinds of cheese.

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15 million customers

Each year 15 million people visit the 90,000 sq-ray's largest department store in London, whose immense facade is illuminated by more than 12,000 bulbs and whose annual turnover is approaching the one billion euros.

Editor Mohammed al-Fayed, Harrods has been profoundly transformed. Critics of the Egyptian businessman accused him of having turned the same temple of English elegance in an Oriental bazaar, to moves of hundreds of millions of euros. The historic building in upmarket Knightsbridge, a pearl of the baroque architecture combining to Art Deco, has become a rather "bling-bling," which combines golden statues of Pharaoh, the memorial to Diana and Dodi and staged rowdy sometimes, among opera singers, magicians and scalers oysters.

Qatar Holding will continue to "enhance" the Mecca of British tourism, said Saturday the Prime Minister of Qatar. It is for his respect for "tradition" Harrods, "his vision and financial capacity to support long-term development of Harrods' that the funds held by the royal family of Qatar has been chosen," said Ken Costa, chairman of Lazard International and Council of Egyptian billionaire Mohammed al-Fayed. Qatar Holding is one of the largest SWFs in the world with assets of about $ 65 billion. He is a shareholder in Great Britain, the department store chain Sainsbury and the London Stock Exchange.

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Mohamed Al-Fayed sees himself president of an independent Scotland

Egyptian billionaire Mohamed Al-Fayed would be good president. Not only the president and CEO of Harrods, the prestigious London department store he owns, but President of an independent Scottish state. In an interview with The Sunday Times, sometimes eccentric businessman calls his "fellow Scots," asking them to reject "British politicians".

Mr Al-Fayed, who owns a huge estate in the Highlands, has asked the British, but was refused. The Scots, however, must take a decision next year, in a referendum whether they want to obtain an almost complete independence from the United Kingdom. The billionaire hopes that this election will lead to an independent state that will give the Scottish nationality. But if the Scottish local government has pledged to organize elections, London is formally opposed.

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"Whatever assistance that Scotland needs to achieve independence, I will provide it," he said. "And when you, the Scots have found your freedom I'm ready to be your president." Mr Al-Fayed's lawyer is a controversial theory which suggests that Scotland was founded by the Egyptians. The vast majority of historians agree that the Egyptian would have been trumped in the Middle Ages by the Scottish counterpart to the so-called Greek origin of the English.

But if Mr Al-Fayed arises as a champion of Scottish independence cause, however it is not ready to ally with the nationalists of the Scottish National Party (SNP), with power to Parliament in Edinburgh. In the Sunday Times, the billionaire, who alleges that his son Dodi and Princess Diana were killed by a conspiracy organized by Prince Philip, roundly attacked Alex Salmond, the Prime Minister (SNP) in Scotland. "I asked to meet him, and he refused. I wanted to offer my help and my advice, but he did not want it," says Mr Al-Fayed. "I bought land in Scotland, I have created jobs and attracted tourists I, I believe the future of Scotland, yet he does not see me."

If the referendum takes place and that Scotland voted for independence, Alex Salmond would figure natural candidate for the presidency of the new state. Edinburgh since 1999 has a broad legislative and administrative independence, but Scotland remains part of the United Kingdom.

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