The Abu Dhabi Investment Council was on Wednesday reported to be negotiating to buy a 75 percent stake in New York City's landmark Chrysler Building (pictured) for $800 million. The news comes just a day after Dubai private equity firm Meraas Capital was revealed to be one of the partners purchasing the General Motors Building. Arabian Business takes a look at some of New York's most famous building, and wonders which ones could be next... (Getty Images)
A few months after buying FRHI Hotels & Resorts from investors including Qatar Investment Authority and Kingdom Holding, AccorHotels CEO Sébastien Bazin denies the hotel management firm is growing too fast. In fact, he intends to pick up the pace – especially in the GCC.