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An investor who says he’s a relative of Dubai’s ruling family has abruptly delayed plans to open a family office in Hong Kong just days after making a pledge to expand in the Asian financial hub.
Sheikh Ali Al Maktoum, who says he’s related to Dubai ruler Sheikh Mohammed Bin Rashid Al Maktoum, is postponing the official opening of his family office scheduled for Thursday, according to a statement from the Hong Kong-Middle East Business Chamber.
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