Qataris stake their claim to a place at the top table of global dealmaking
With an eclectic list of interests united only by a belief in investing for the long term, the emirate’s sovereign wealth fund is being taken seriously at last
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Skorpios bought from the Onassis family by the daughter of a Russian billionaire
The Greek island where Aristotle Onassis married Jackie Kennedy has been sold ‘for £100million’ Greek island where Aristotle Onassis married Jackie Kennedy was bought from the Onassis family by Ekaterina Rybolovleva (24-year-old), daughter of business magnate Dmitry Rybolovlev, the owner of AS Monaco Football Club. Regaded as long-term financial investment, Rybolovleva also acquired the neighbouring island … Read more
Stuart Hughes creates world’s most expensive iPhone 5
Although the interior hardware components remain unchanged, world’s most expensive iPhone 5 gained its title for being solid-gold bodied and diamond-encrusted. British luxury designer Stuart Hughes was commissioned by an unnamed Chinese businessman to create a £10 million ($ 15 million) phone that will be used as a day- to-day handset. The luxury gadget with solid … Read more
Brands bank on Middle East as luxury goods market continues growth
As a large part of the Western world continues to suffer in the wake of the on-going financial crisis that began back in 2008, growth in the Middle East shows no sign of abating. In the likes of the United Arab Emirates (UAE), the demand for luxury goods continues to rise as the area welcomes … Read more
“Innovation for Better Life”: the 15th Auto Shanghai 2013
From April 21 to 29, 2013, the long-awaited 15th Shanghai International Automobile Industry Exhibition (Auto Shanghai 2013) will be a spectacular visual display with a roll call of global auto giants with their unprecedented model lineups. Auto Shanghai 2013 will gather self-owned brands of China, joint venture brands, and global brands; the total scale of … Read more
A $500,000 Lamborghini cop car unveiled in Dubai
Dubai Police’s, those current fleet includes the Toyota Land Cruiser and the Kia Mohave, has a new surprising and incomprehensible addition. Emirate cops revealed via Twitter their new AED2m ($500,000) Lamborghini. The two-door roadster built the Italian supercar maker, first unveiled by Lamborghini at the Geneva Motor Show in 2011, boasts a 6.5 litre V12 … Read more