Living on the Palm used to be a realistic aim for only the super-rich of the Gulf. But today, with prices halved from last year, the dream lifestyle is in range of more mortal executives. A 6-bedroom Mediterranean style villa on Frond D is advertised for just over $3.5 million, and buyers could do better than that with a bit of haggling.
Vicious competition and a saturated marketplace have made life tough for Saudi Arabia’s third mobile operator, Zain KSA. But the appointment last year of one of the kingdom’s top telecoms figures, Sheikh Farhan Al Faisal Al Jarbaa, has helped the firm turn its fortunes around.