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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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Indians now account for 22 percent of prime property sales in the UK capital, compared to just 5 percent of sales two years ago. (File photo)
August 17th, 2017 - 10:47 GMT

Indians Beat Arabs as Second-Largest Investors in London Property: Report

Samsung dominates the MENA region's mobile market with 38 percent market share. (Pixabay)
August 17th, 2017 - 10:06 GMT

Samsung Most Popular Mobile Phone in MENA, Says Report

Engie has acquired a 40 percent stake in Tabreed from Mubadala, the Abu Dhabi-based investment company. (Shutterstock)
August 17th, 2017 - 09:56 GMT

France's Engie Completes $762 Million Investment in Tabreed

Noor Bank. (File photo)
August 17th, 2017 - 09:34 GMT

Dubai's Noor Bank Downsizes in Huge Restructuring: Sources

Unemployment among males in 2016 stood at 13.3 percent, while female unemployment reached a whopping 24.1 percent. (AFP/ File)
August 15th, 2017 - 08:27 GMT

Jordan's Unemployment Rate Hits 16-Year High, According to New Figures

The project is expected to produce half of the country’s planned renewable energy output. (File photo)
August 15th, 2017 - 08:20 GMT

Kuwait Issues Tender for $1.2 Billion Solar Project in Al-Dibdibah

Diplomatic ties between the two countries were severed in the wake of Saddam Hussein’s 1990 invasion of Kuwait, but are now being revived. (Christophe Simon/ AFP)
August 15th, 2017 - 07:49 GMT

Saudi Arabia Launches Joint Trade Council With Iraq, Opens Border After 27 Years

Saudi Crown Prince Mohammad Bin Salman. (AFP/ File)
August 15th, 2017 - 07:22 GMT

Saudi Arabia Announces New Authority to Regulate Military Industries

Recurring revenue from Emaar’s shopping malls and retail, hospitality and leisure, commercial leasing and entertainment businesses represents 38 percent of the total revenue. (File photo)
August 14th, 2017 - 02:26 GMT

UAE's Emaar Properties Records 15 Percent Growth in Net Profit for H1 2017

The contractor posted a net loss of Dh199 million for the second quarter of 2017. (File photo)
August 14th, 2017 - 02:19 GMT

Drake & Scull Fires CEO, Completes Sale of Majority Stake

Saudi Arabia hosted the only three IPOs of this quarter. (File photo)
August 14th, 2017 - 01:35 GMT

IPO Activity in GCC Slows Down in Q2 2017: Report

The property market in Dubai continues to demonstrate further stabilization following the turbulence seen in 2016 with the drop in oil prices and sluggish global trade. (File photo)
August 14th, 2017 - 01:26 GMT

Damac Reports Growth in Sales Performance, Revenues for H1 2017

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