Dubai Sheikh Ali Al Maktoum’s Hong Kong family office shares space with investment firm linked to late Stanley Ho
- Government distances itself from questions about its knowledge of royal family member’s links to UAE ruler
- Joey Lim, chief administrative officer of the family office, says it could not give details of the prince’s schedule or his whereabouts
The proposed Hong Kong site for a Dubai prince’s family office shares space with an investment firm linked to Macau’s casino operators and where late billionaire Stanley Ho Hung-sun was a director until his 2020 death, the Post has found.
After the last-minute postponement of the launch of 28-year-old Sheikh Ali Rashed Ali Saeed Al Maktoum’s family office, scheduled for Thursday, the city government distanced itself from questions about his high-profile presence and his links to the Dubai ruler.
The prince had spoken at a key family office summit in Hong Kong a day earlier, co-organised by the Financial Services and the Treasury Bureau and InvestHK.
“We will not comment on individual business activities,” a government spokesman said. “We engage participants in the Wealth for Good in Hong Kong Summit through our global network and relevant stakeholders.”
The statement was released almost a week after the Post asked the Financial Services and Treasury Bureau about Al Maktoum’s standing.
The prince from the United Arab Emirates (UAE), reported to be the nephew of Dubai’s ruler and prime minister, made waves after he pledged a US$500 million investment earlier this month for a family office in Hong Kong and made high-profile appearances in the city in the past week.
Al Maktoum’s private discussions with Hong Kong officials and prominent business figures at the Grand Hyatt hotel summit on Wednesday afternoon was his last public appearance in the city.