Dubai Prince Postpones Opening of Family Office in Hong Kong at the Last Minute

Wednesday, 27 March 2024, 15:03

A little-known Dubai prince had planned to open a US$500 million family office in Hong Kong, but the opening has been postponed suddenly. A close aide mentioned that the prince has returned to Dubai to address pressing matters. The delay has garnered attention due to the significant investment involved, sparking speculations about the reasons behind the abrupt change in plans.
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Dubai Prince Postpones Opening of Family Office in Hong Kong at the Last Minute

Dubai Prince Postpones Opening of Family Office in Hong Kong

A little-known Dubai prince had planned to make a major impact in Hong Kong with the opening of a US$500 million family office, but the plans have taken an unexpected turn.

Reasons Behind the Delay

A close aide to Sheikh Ali Rashed Ali Saeed Al Maktoum mentioned that the prince has returned to Dubai to settle urgent matters, leading to the postponement.

Speculations and Concerns

The sudden change in plans has sparked speculations within the financial community, raising questions about the motives behind the delay and the implications for the family office's future.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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