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UAE
Alabbar begins handing over family luxury business to next generation

Emirati real estate tycoon Mohamed Alabbar gave up the executive chair of his Emaar Properties group in 2020 and has since gradually delegated parts of his empire to his children, particularly his luxury businesses. [...]
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Actively backed by Sheikha Moza, the Emir of Qatar's mother, the Mayhoola for Investments fund is known for highly aggressive methods at odds with the hushed world of fashion. For four years, Mayhoola has been waging a legal campaign against the Taiwanese businesswoman Shaw-Lan Wang, accusing her of breaking a promise to sell it Lanvin.

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Rachid Mohamed Rachid, chairman of the Qatari fund Mayhoola for Investments, and Sheikha Moza bint Nasser Al-Missned, mother of the current Emir of Qatar.
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Al Ustad Special Kabab, an Iranian hang-out officially approved by Dubai's crown prince

Across the globe, spies gather in inconspicuous dens where they meet contacts and hold discreet conversations. This week, Intelligence Online explores Al Ustad Special Kabab, a long-established Iranian eating place in Dubai's Old Town. Its clients include the inner circle of Crown Prince "Fazza", which makes it a favourite meeting place for diplomats, senior civil servants and businessmen looking for direct contact with the emirate's future ruler.

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The Al Ustad Special Kabab restaurant in Dubai.

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