Monday 11 September 2017

Abu Dhabi sheikh seeks to sell Qatar tower amid regional rift: sources

Abu Dhabi sheikh seeks to sell Qatar tower amid regional rift: sources:

"A company owned by a member of the Abu Dhabi royal family is seeking to sell Dolphin Tower in Doha, the Qatari headquarters of natural gas supplier Dolphin Energy, say sources, the latest sign of the United Arab Emirates attempting to trim ties with Qatar amid a diplomatic dispute. Al Ain Properties, owned through an investment vehicle by Sheikh Hamdan Bin Zayed Al Nahyan, the Abu Dhabi Ruler’s Representative in the Western Region of the emirate, has within the past two months appointed real estate firm DTZ Qatar to market the 25-storey building, two of the sources said. Nobody was immediately available to comment from Al Ain Holding, the parent company of Al Ain Properties, or DTZ Qatar."



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