Recently, various Hong Kong media have reported that the whole of Hong Kong has been "tricked" by a "prince of Dubai"? This is what happened: At the beginning, a man named "Ali" came to Hong Kong in a high-profile manner, and was introduced to the Hong Kong government as a "prince of Dubai," saying that he would spend $500 million in Hong Kong to invest in a "family office" If Prince Ali really spends $500 million to invest in an office in Hong Kong, it will undoubtedly be great news for Hong Kong.
The Hong Kong government is also very attentive to the hospitality of this Prince Ali, and even Chief Executive Li Jiachao personally came forward to receive this Prince Ali with the highest standard, and was also invited to attend various important venues, and also won the title of honorary professor of Hang Seng University in Hong Kong. However, on the eve of the planned opening of the family office, Prince Ali suddenly announced the postponement of the opening, claiming that there was an urgent matter in Dubai that he needed to return to deal with. The move has sparked speculation about Prince Ali's identity and motives. Subsequently, the website of Prince Ali's family office and his personal LinkedIn account were taken down, further intensifying the speculation and doubts of public opinion.
This sudden turn of events raises doubts about his true identity and intentions. With the deepening of the investigation, some Hong Kong media said that they had obtained the true veil of Ali. thinks that this so-called "Prince of Dubai" is actually a debut singer in the Philippines, although his parents are pure Dubai, but he himself has a soft spot for Philippine culture and became a Filipino singer, but this identity background is far from what he previously declared "a member of the ruling family of Dubai"! Later, the media picked up that the address of the office in Dubai turned out to be in a residential area, and the two heads of Prince Ali's family office in Hong Kong have a very explosive background, and the executive director Cheng Zhanghe has been warned by the US Securities and Exchange Commission for operating a virtual currency platform, and Vice Chairman Mai Yirui has been listed as a dishonest company.
In response to all kinds of speculation and doubts from the outside world, Prince Ali and his family office did not respond positively. However, on April 11, the family office website was relaunched, while the personal LinkedIn account remained closed. In addition to introducing Prince Ali and his family office team members, the website also features photos of them attending different events, including visits to Hang Seng University and other events.
Although Prince Ali's identity and background have caused a lot of controversy and questioning, the Hong Kong SAR government's attitude towards family offices remains positive. Chief Executive John Lee said that Hong Kong welcomes all legitimate funds and that family offices will bring strong economic benefits to Hong Kong. The HKSAR Government is also working hard to enhance Hong Kong's attractiveness to attract more family offices.
At present, the specific opening date of Prince Ali's family office has not been announced. The outside world is still full of curiosity and speculation about the true identity and motives of the mysterious prince of Dubai. However, as late May approaches, everything will gradually be revealed. As an international financial centre, Hong Kong will continue to welcome sincere investors from all over the world.
Although I don't know if Hong Kong has really been "tricked" by this "prince of Dubai", a super mega project in Saudi Arabia with an investment of at least 500 billion US dollars has really found our "infrastructure madness" in China.
Recently, a Saudi delegation embarked on a seven-day trip to China, visiting major Chinese cities such as Beijing, Shanghai, Hong Kong and Shenzhen. The purpose of the trip was clear: to promote the new Future City, an ambitious urban project in Saudi Arabia, and to seek potential partners.
The New Future City project is a "new wonder of the world", and the most striking landmark is a linear city with a length of 170 kilometers and a width of 200 meters. This super-linear city will be located across the Arabian Peninsula and will be the "anchor" and "center" of the new future city. According to Tariq Kaddoumi, executive director of the new Future City, the car-free city will be home to 9 million residents, about a quarter of the Kingdom's current population. The city will be a city in a park, combining the best of green ecology with modern technology.
The scale of investment in such a grand project is also staggering. The investment is expected to reach at least $500 billion. Faced with such a huge demand for investment, Saudi Arabia naturally thought of China, which has a good reputation in the field of infrastructure construction. After all, in this world, many miracles are difficult to achieve without the cooperation of China's "infrastructure madness".
The first stop of the Saudi delegation was Beijing, which not only has a profound cultural heritage, but also has strong economic and technological strength. Nazmi Nasser, CEO of New Future City, said during the visit that New Future City is a complex and huge project that requires the participation of many Chinese companies to realize. He believes that this project will bring great opportunities for Chinese companies.
In fact, a number of Chinese companies have already shown their skills in the New Future City project. China State Construction and China Railway Construction have already undertaken a number of construction projects, Huawei is helping to build a 5G network and data center for the New Future City, and China Solar Energy will also be involved in providing energy storage systems. The participation of these enterprises has not only improved the technical level and construction quality of the project, but also further consolidated the foundation of cooperation between China and Saudi Arabia in the field of infrastructure construction.
The promotion of the new Future City project will not only promote the economic and social development of Saudi Arabia, but also bring more cooperation opportunities between China and Saudi Arabia. With the in-depth implementation of the project, it is believed that China and Saudi Arabia will achieve mutual benefit and win-win results in more fields and jointly write a new chapter of cooperation and development.