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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world

Americas+1 212 318 2000

EMEA+44 20 7330 7500

Asia Pacific+65 6212 1000

Despite surging demand for office space in Dubai, one tower on the edge of the city’s financial district has stood empty for about a decade. That is about to change.

Abbas Sajwani, the 26-year-old son of billionaire developer Hussain Sajwani, bought the building last year for $120 million. The building — long nicknamed “Big Ben” for its resemblance to London’s iconic clock tower — is being refurbished, with work expected to be completed by the end of 2026, the younger Sajwani said in an interview.