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The Holme
June 28th, 2026 - 08:19 GMT
P. Choiaqo

P. Choiaqo

‘Donald of Dubai’s son buys $250 million mansion in London

ALBAWABA - Abbas Sajwani, a 26-year-old billionaire, son of Hussein Sajwani dubbed ‘Donald of Dubai’ is buying the luxurious Holme estate in London for $250 million. The father and son duo are big time real estate developers in their hometown of Dubai and abroad, having recently bought Dubai's Shangri-La five-star hotel for $300m through their real estate development firm AHS Properties. Abbas’s dad, Hussein, is known as the ‘Donald of ...
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Flyadeal is a subsidiary of the Saudi Arabian Airlines group (Saudia) and will begin flight operations in September 2017. (File photo)
August 24th, 2017 - 10:43 GMT

Dubai Aerospace Delivers First A320 to Saudi Low-Cost Airline Flyadeal

The Saudi Ministry of Labor has announced that it will prevent the recruitment of foreign engineers with less than five years of experience. (File photo)
August 23rd, 2017 - 03:25 GMT

Saudi Arabia Announces Stricter Requirements for Hiring Foreign Engineers

The Zarshuran gold mine is one of Iran's most important mineral projects and is referred to as the "golden giant of Iran." (File photo)
August 23rd, 2017 - 03:04 GMT

Iran’s Biggest Gold Mine Produces 3.5 Times Quarterly Estimates

The new service will be initially operated with one vessel with a capacity of over 5,000 tons per voyage and will cater to temperature-controlled cargo and break-bulk. (File photo)
August 23rd, 2017 - 02:19 GMT

Qatar, Turkey Launch Direct Refrigerated Container Route

Saudi Arabia's reserves continued to decline over the January-May 2017 period and stand now at $499 billion.(AFP/ File)
August 23rd, 2017 - 02:06 GMT

Saudi Arabia's Current Account Back in Surplus as Oil Rebounds: Report

Traditional and alternative medicines and therapies (reflexology, acupuncture, etc.) and cosmetic surgery will all be subject to VAT. (File photo)
August 23rd, 2017 - 01:50 GMT

How Will VAT Affect the UAE Healthcare Sector?

The forum will discuss joint investment opportunities between the two countries. (Shutterstock)
August 23rd, 2017 - 01:35 GMT

Major Saudi-Chinese Investment Forum Set in Jeddah Tomorrow

King Salman attending talks at the 26th Arab League Summit in Sharm el-Sheikh, Egypt, on March 28, 2015. (AFP)
August 23rd, 2017 - 01:33 GMT

Saudi Arabia Eyes Joint Investment Fund With China, With a Focus on Energy

According to the law, tobacco and energy drinks will be taxed at 100 percent, while other soft drinks will receive a 50 percent levy. (File photo)
August 23rd, 2017 - 10:22 GMT

UAE to Apply 100% Tax on Tobacco, Energy Drinks Starting October 1

An Emirati man looks at the solar power platform at Masdar City, on the outskirts of Abu Dhabi. (AFP)
August 22nd, 2017 - 01:54 GMT

UAE's Economy to Slow Down as Abu Dhabi Cuts Oil Production: Report

About 99 percent of 'tasattur' in Saudi Arabia is in small and medium-sized enterprises. (AFP/ File)
August 22nd, 2017 - 12:42 GMT

'Tasattur' Prevalent Among SMEs in Saudi Arabia, Says Official

Saudi Arabia is expected to face a recession in 2017, according to Bank of America. (Shutterstock)
August 22nd, 2017 - 12:19 GMT

Expat Fee, VAT to Add $21 Billion to Saudi Arabia's Revenues in 2018: BoA

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