Mohamed Al Abbar, one of the largest UAE developers behind the construction of the Burj Khalifa skyscraper in Dubai, has begun the sale of its assets in Belarus, which is subject to Western sanctions. The agency writes about this Reuters.
Instead, he is partnering with former US President Donald Trump’s son-in-law, Jared Kushner, on a possible investment project in Serbia.
Al-Abbar, which owns Symphony Global Holdings, has reached a preliminary agreement to sell its stake in a multibillion-dollar development project in Minsk, two sources familiar with the matter said. This decision is linked to the Emirati businessman’s new plans.
The broadcast revealed that Al-Abbar and Kushner were negotiating to convert the former Yugoslav army headquarters building in Belgrade into a residential complex.
Before that in Europe guess Damage resulting from the seizure of Russian assets.
previously china It turned out to be fell into a debt trap following the collapse of the housing market.