Home » Investment in Middle East »


|| Dubai buys Queen Elizabeth 2 for $100m

Istithmar, Dubai government's investment arm, has announced purchase of the ocean liner Queen Elizabeth 2 for $100 million. It plans to turn the giant passenger ship into a first-class floating hotel, retail and entertainment destination, berthed off the artificial Palm Jumeirah island.

The Economist calls QE2 the world's most famous cruise liner. Launched in 1969, the QE2 has sailed 25 around-the world cruises, crossed the Atlantic more than 800 times and carried more than 2.5 million passengers.

Where is QE2 now? You can check her place at any moment through this webcam image. (Via USA Today blog)



Previous Post: Five Questions with PR Newswire EMEA CEO, Lisa Ashworth
Next Post: $2.4 Million Ice Lounge Opens in Dubai



|| About Us

Established in 2007, DubaiBeat.com provides insight, analysis and research on Middle East investors.

We cover different asset class investors like private equity, venture capital, hedge funds and real estate investors from the Middle East and broader MENA region.


|| Subscribe












Copyright 2007-2016 DubaiBeat.com    Sitemap  |  Terms  |  Privacy Policy

Follow us: RSS Feed   Facebook    Twitter