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‘Cryptoqueen’ Ruja Ignatova, mastermind of the OneCoin scam, was still investing in Dubai while under indictment
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June 4, 2024June 4, 2024Crime, News

‘Cryptoqueen’ Ruja Ignatova, mastermind of the OneCoin scam, was still investing in Dubai while under indictment

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The Bulgarian businesswoman and other founders of the cryptocurrency that turned out to be yet another pyramid scheme were even able to complete luxury real estate transactions after the scandal had already broken. The reign of the “cryptoqueen” was short-lived, but it was, however, very lucrative. In 2014, Bulgarian businesswoman Ruja Ignatova launched OneCoin, a...

Russian demand for Dubai property is slowing — but China’s is picking up, DAMAC chairman says
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January 17, 2024January 17, 2024News

Russian demand for Dubai property is slowing — but China’s is picking up, DAMAC chairman says

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Dubai’s property boom in the years following the Covid-19 pandemic has been one of the fastest in the world, fueled by investor-friendly reforms and a surge in expat demand, particularly from Russia in the wake of the start of Moscow’s full-scale war with Ukraine. Some of Dubai’s luxury developments cater specifically to Russian buyers, with...