Saudi Royals are selling homes, yachts and art as Crown Prince cuts income
Saudi princes have sold more than $600 million worth of real estate, yachts and artwork in the U.S. and Europe…
Extremely Wealthy
274 articles found
Forbes Middle East reveals the World's Richest Arabs 2022
The annual list features 21 Arab billionaires, who are collectively worth $52.9 billion. The world's richest Arab is still Egypt's…
Wealthy Russians pour into Turkey, Dubai real estate markets
Turkey and the United Arab Emirates (UAE) have become the hot spots for wealthy Russians pouring money into real estate,…
As rouble plunges, wealthy Russians could boost Dubai property – S&P
Wealthy Russians looking for new investments away from the deteriorating rouble could boost demand for Dubai’s real estate, which is…
UAE billionaire Sajwani to invest $1bln in building data centres
Emirati billionaire Husain Sajwani will invest $1 billion to develop data centres in different locations around the world. The…
Russia's Rich Move Money to Dubai
Rich Russians are trying to move some of their wealth from Europe to Dubai as a result of Western sanctions,…
Number of Middle East mega-millionaires rises due to gains in property, equities
The population of ultra-high-net-worth individuals (UHNWIs) in the Middle East grew by nearly 9 percent in 2021 despite the pandemic,…
Qatari prince sells Parisian mansion for $305mln
A Parisian mansion owned by Qatar’s Prince Abdullah bin Khalifa al-Thani has been sold for €200 million ($305 million) to…
Princess Haya’s crazy rich Dubai life
In one of the most expensive divorces in history, the ruler of Dubai, Sheikh Mohammed bin Rashid al-Maktoum, was ordered…
Saudi prince at war with bank over £48M super-yacht
A Swiss bank is pursuing a Saudi prince in court over claims he failed to pay back millions in interest…
The insanely luxurious life of Dubai’s ruler even puts billionaires to shame.
Snatching the title of one of the most expensive divorces in history from the Gates and Tatiana and Farkhad Akhmedova…
Why millionaires and corporates are flying private amid COVID-19
It has been nearly two years since the coronavirus pandemic swept the world. Lockdowns, border closures and other precautionary measures…