It’s relatively quiet for UAE in the news, save for one Financial Times feature on Ali Sajwani, the 33-year-old property scion and b’naire’s son who invested over USD 130 mn in Dubai’s World Islands. Sajwani purchased the São Paulo and Uruguay islands and developed 24 villas, all of which have been sold, in a bid to resuscitate the development’s crash after the 2008 global financial crisis.

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