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Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
Seabirds screeching overhead and sun bouncing off his pristine white kandura, Ali Sajwani surveys his dominion from behind mirrored sunglasses. The property scion and billionaire’s son, 33, has paid over Drh500mn — more than $130mn — for this pair of empty islands lying off the coast of Dubai. The land is younger than he is.
Created by state-run developer Nakheel…
