July 18, 2010 | permalink
When the thermometer hits 125 degrees in Dubai, Dubai moves to London:
For the mega-wealthy oil billionaire families of the Gulf states, summertime means central London. When temperatures at home hit 50 degrees, they flock to the capital for the cool weather, the thriving social scene and the shopping – especially at Harrods which is, rather neatly, now owned by the Qatari royal family’s investment arm.
Some keep summer houses in London – there are said to be more than 100 billionaire Saudi families with second homes in the Knightsbridge area alone – while others prefer out-of-town locations such as Bishops Avenue, Coombe Hill in Kingston and St George’s Hill in Weybridge.
They’ll go to the Derby, Royal Ascot and the Berkshire Festival of Falconry, which is sponsored by the Abu Dhabi-based Emirates Falconers’ Club and attended by His Highness Sheikh Sultan Bin Tahnoon Al Nahyan.
Otherwise, whole floors of hotels around Hyde Park – the Jumeirah Carlton Tower now owned by the famous Dubai group and the Four Seasons Hotel, owned by Prince Alwaleed Bin Talal Al-Saud (who also owns the Savoy Hotel) – are block-booked.
During the days, the women have their drivers drop them in Hyde Park where they promenade around the Serpentine, stopping to soak up the coolness and cloudy skies on the benches or laying out on the grass in large circles with their friends. And then there’s shopping.
“Knightsbridge is London’s pop-up oasis,” London Evening Standard, July 14, 2010.
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Greg Lindsay is a generalist, urbanist, futurist, and speaker. He is a non-resident senior fellow of the Arizona State University Threatcasting Lab, a non-resident senior fellow of MIT’s Future Urban Collectives Lab, and a non-resident senior fellow of the Atlantic Council’s Scowcroft Strategy Initiative. He was the founding chief communications officer of Climate Alpha and remains a senior advisor. Previously, he was an urban tech fellow at Cornell Tech’s Jacobs Institute, where he explored the implications of AI and augmented reality at urban scale.
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