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A super-yacht built for former Iraqi dictator Saddam Hussein is awaiting a buyer in the port of Nice, with an asking price of 23.5 million euros, ($34mn) according to a specialist website.
The 82-metre (270-feet) Ocean Breeze, built in 1981 by Danish shipyard Helsingor Vaerft, started life as the Qadissiyat Saddam, but was never actually delivered to Iraq, says www.superyachttimes.com.
Instead it ended up in Saudi Arabia, taken over by the country's royal family and renamed Al-Yamamah.
Saturday's daily Nice-Matin reported Saturday that the yacht, which can take 28 passengers and has a crew of 35, was moored in the Saudi port of Jeddah for 10 years.
The paper said the vessel was disposed of earlier this year to King Abdullah of Jordan, before being renamed again.
Brokers Burgess of London are selling the yacht for 23,512,790 euros, or $34,450,000, according to superyachttimes.com.
This is not the right time to start launching studios, the economic situation in Europe is getting worse daily and is likely to create big ripples in UAE... more
Monday, 21 May 2012 2:15 PM - Red SnappaLet's see what will happen and if this project will go ahead. Only time will show. What happens to the other projects? not much is going on? Are investors... more
Monday, 21 May 2012 11:49 AM - Greg
That is probably one of the silliest moves that will hinder business and interaction.
Almost every company has dealings with some form of foreign entity... more
I find it amazing taht the very same people who 4 years ago were singing praises are today lamenting funeral wakes.
Business is a risk and about decision... more
What does "USA-tailored regime" and Iraq have to do with this story is beyond me. more
Monday, 21 May 2012 4:40 PM - Alithe majority of expats (as most people here argue that its a majority painting an entire nation the villain)....why are the filipinos and indians not the... more
Sunday, 20 May 2012 9:17 AM - ArthurIt is the Arabian Gulf because firstly Persia hasn't existed since 1935 and, therefore, does not appear on modern maps. So, by saying Persian Gulf we are... more
Sunday, 20 May 2012 7:40 PM - Juma Said JumaThis is not the right time to start launching studios, the economic situation in Europe is getting worse daily and is likely to create big ripples in UAE... more
Monday, 21 May 2012 2:15 PM - Red SnappaIn this part of the world, it will everlastingly be the Arabian Gulf because there is absolutely nothing persian about the Arabian Gulf. more
Monday, 21 May 2012 7:03 PM - Fahdseveral good points made here however democracy is about all the people and there are over 4 million people in Kuwait, Kuwaitis and expats we the expats... more
Friday, 18 May 2012 7:32 PM - jamesthe majority of expats (as most people here argue that its a majority painting an entire nation the villain)....why are the filipinos and indians not the... more
Sunday, 20 May 2012 9:17 AM - ArthurHOW CAN WE FORGET 2008, WHY DID YOU NOT FORGET TO PAY ALL YOUR STAFF BONUSES LIKE YOU HAVE DONE ON THE PAST TWO OCCASIONS , YET YOU CANT COMPENSATE OR... more
Wednesday, 16 May 2012 4:51 PM - MOOSAThe words one should read and think about are "it COULD make sense to sell Emirates in the future". Sir Flanagan does not say it does make sense at this... more
Thursday, 10 May 2012 11:16 AM - Paul dxbWhen I first went to live in ABu Dhabi - I clicked up a couple of speeding fines during the frist year (on empty roads and certainly not tailgating - but... more
Thursday, 17 May 2012 5:45 PM - BaffyNEVER BUY PROPERTY IN ARAB COUNTRIES !!! more
Sunday, 6 May 2012 6:37 PM - Rene
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