George Azar might have had one of the world’s most celebrated brands behind him when he launched a new property agency last year, but the former banker still had plenty to do to get Sotheby’s International Realty up and running.
As the world reacted to the Chinese crisis, Kabir Mulchandani was signing up some of the country’s biggest banks to help fund his future ventures. The Dubai-based Indian property tycoon explains why he’s not concerned by the crisis and why there is no shortage of money flowing from Beijing to the Gulf for the right projects
Swiss watches are a staple of the region’s luxury market, with millions of timepieces entering the Middle East every year. Hublot is one brand which is riding the crest of this wave in the GCC, having recently opened its second boutique in Dubai. Hublot’s chairman of the board, and legend of the watch world, Jean Claude Biver explains why Dubai is such a key market for the brand, and what traditional watch companies need to do in the wake of the smart watch boom.
In an exclusive interview, the chairman of the UAE Banks Federation and CEO of Mashreq Bank, one of the country’s largest private banks, talks candidly about acquisitions, the lack of a savings culture in the UAE, and the challenges that face the lender going forward.