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11.12.25 - 12:18
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Adrian Cheng signs retail partnership with Wafi Group, headed by Dubai royal (SCMP)
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Adrian Cheng Chi-kong, former heir apparent to Hong Kong property giant New World Development (NWD), has partnered with a Dubai royal and businessman to spruce up the retail, leisure and cultural offerings of Wafi City, one of the United Arab Emirates (UAE) city's top shopping destinations.
Cheng and Dubai Sheikh Mana bin Khalifa Al Maktoum, founder and chairman of the Wafi Group, signed an agreement to set up a new entity called Wafi Anime 11 in Dubai on Wednesday, according to a statement on......
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11.11.25 - 10:54
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Hong Kong trails Dubai, Singapore in list of destinations for the rich (SCMP)
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Hong Kong ranks fourth globally as a destination for high net worth individuals (HNWIs) thanks to its robust business and economic fundamentals as well as its educational credentials, but trails perennial rival Singapore, according to a Savills study.
Dubai took the top spot, followed by New York and then Singapore, with Abu Dhabi in fifth, the consultancy said in its inaugural HNWI Hotspot Index, released on Tuesday.
The report analysed nearly 100 destinations on five metrics: business......
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