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.
Vicki Hollub will become the most influential woman in the oil and gas industry when she takes over as CEO of Occidental Petroleum in May. In a bleak period for the sector, how will the future boss of one of America’s biggest energy firms cope with the challenges ahead?