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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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The company, owned by the powerful family of Lebanese Prime Minister Saad al-Hariri, closes after 39 years in operation. (AFP)
August 1st, 2017 - 10:52 GMT

End of a Dynasty: Saudi Oger Officially Shuts Down After 39 Years in Saudi Arabia

The project aims to develop “exceptional resorts” on more than 50 natural islands in the Red Sea. (File photo)
August 1st, 2017 - 08:52 GMT

Saudi Arabia Unveils Plans for Maldives-Inspired, Massive Red Sea Tourism Project

Drivers queue up to fill their tanks with fuel at a petrol station in Kuwait City on the eve of increased petrol prices on August 31, 2016. (Yasser Al Zayyat/ AFP)
July 31st, 2017 - 11:16 GMT

Economic Slowdown, Subsidy Reforms Hit Fuel Demand in Oman

Tunisian medics carry a woman on a stretcher in the resort town of Sousse after an IS-related attack on June 27, 2015. The attack killed nearly 40 people, most of them British tourists. (AFP)
July 31st, 2017 - 10:59 GMT

Tunisia Tourism Gets Boost as UK Lifts Two-Year Travel Ban

Saudi Arabia had previously enforced a two-month ban on Egyptian strawberries on July 8.  (Pixabay)
July 31st, 2017 - 10:34 GMT

Iraq Latest to Ban Egypt's Fruits and Vegetables Over Pesticide Concerns

The number of visitors from Saudi Arabia to Abu Dhabi more than doubled in June. (File photo)
July 31st, 2017 - 10:15 GMT

Abu Dhabi Sees 30 Percent More Visitors in June: Tourism Authority

Egypt will lower its customs exchange rate to 16.25 pounds per dollar from 16.50, effective from Tuesday. (File photo)
July 30th, 2017 - 02:22 GMT

Egypt Lowers Customs Exchange Rate to 16.25 Pounds/USD

The agency said that Oman’s fiscal performance last year and in the first few months of 2017 were weaker than was suggested. (File photo)
July 30th, 2017 - 12:27 GMT

Moody's Downgrades Oman, Bahrain Ratings

Saudi Arabia, Egypt, the UAE and Bahrain cut ties with Qatar on June 5, accusing it of backing terrorist groups. (AFP/ File)
July 30th, 2017 - 11:26 GMT

Arab States to Impose ‘More Economic Sanctions on Qatar’

Private deposits in Oman are on the rise. (Photo courtesy of Bank Muscat)
July 30th, 2017 - 11:11 GMT

Commercial Banks in Oman See 2.5 Percent More Private Deposits

Remittances by foreign workers have witnessed a steady fall in recent months as banks in Kingdom reported a gradual decline in foreign remittances. (AFP/ File)
July 30th, 2017 - 10:59 GMT

Foreign Remittances From Saudi Arabia Decline by 34 Percent in June

Saudi Arabia is trying to raise $200 billion over the next few years through stake sales in national assets such as airports. (File photo)
July 27th, 2017 - 01:48 GMT

Saudi Arabia to Privatize All Airports by End of 2017: GACA

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