International News February 16-23

Journalists Attacked Investigating Mugabe’s £4M HK Pad Zimbabwe’s President Robert Mugabe and his wife Grace secretly bought a £4 million house in the Far East while his country suffers from starvation, unemployment and a cholera epidemic, from which 3,467 people have died in a matter of months, The Times of London reports. One reporter and a [...]

MidEast Property Orgy Ends, Currency Battle BeginsWhat: Dropping oil prices and a global credit crisis is hitting the Middle East too, where some states are considering a common currency.

The Dirt:Cost cutting in a world where five-star hotels are the norm is a scary sign. The folks in the Middle Eastern city of Dubai are cutting costs and bringing the real estate development spending spree to halt, having already asked Abu Dhabi for help. Some of the folks in the Gulf Cooperation Council (GCC) [...]

European Hotelier Looks To Middle East

China is all over the news between politics and the development craze inspired by the upcoming Olympic games. However, institutional investors know that in addition to China and India, the last haven for emerging markets investments lays in the region abbreviated as MENA—the Middle East and North Africa. Enter Kempinski Hotels. They are certainly not [...]