Dubai
Daniel Kinahan arrested in Dubai over organised crime charges
Dubai police have arrested alleged Irish crime gang boss Daniel Kinahan in relation to organised criminal activity, Irish media reported on Friday.
UAE property tycoon withdraws from sanctions-hit Belarus
1 min Mena Today
The Emirati real estate developer behind Dubai's signature skyscraper, the Burj Khalifa, has initiated the sale of property assets he owns in Belarus.
Belarusian President Alexander Lukashenko, Sputnik/Vyacheslav Prokofyev/Pool via Reuters
The Emirati real estate developer behind Dubai's signature skyscraper, the Burj Khalifa, has initiated the sale of property assets he owns in Belarus, a country targeted by Western sanctions, according to two people familiar with the matter, as he collaborates with Jared Kushner on a possible investment in Serbia.
Mohamed Alabbar, the Emirati real estate tycoon, has reached a preliminary agreement to sell his interests in a multi-billion-dollar property development in Minsk, the capital of Belarus, through his Symphony Global Holdings investment vehicle, the people familiar with the matter said.
The Emirati developer's departure from Belarus comes amid a new collaboration with Kushner, the son-in-law of former U.S. President Donald Trump, to redevelop a former Yugoslav army headquarters building in Serbia into a residential complex.
Their collaboration has not been previously reported.
By David Gauthier-Villars and Aram Roston
Related
Lebanon
Flydubai to resume Beirut flights on April 18
The gradual return of normalcy to Lebanon is gaining momentum. Flydubai, Dubai's second largest carrier after Emirates, has announced the resumption of its flights to Beirut on April 18.
Jordan
The railway that could redraw the Middle East's trade map
In a deal that could redraw regional trade routes and unlock the full potential of Jordan's vast mineral wealth, Amman and Abu Dhabi have signed a landmark $2.3 billion railway agreement, one of the most significant infrastructure partnerships the Middle East has seen in years.
Subscribe to our newsletter
