• QE2 reopened in 2018 as a floating hotel at Port Rashid. All photos: Antonie Robertson / The National
    QE2 reopened in 2018 as a floating hotel at Port Rashid. All photos: Antonie Robertson / The National
  • A theatre where live entertainment is held on Dubai’s only floating hotel, the Queen Elizabeth 2, which is being taken over by French hospitality group Accor.
    A theatre where live entertainment is held on Dubai’s only floating hotel, the Queen Elizabeth 2, which is being taken over by French hospitality group Accor.
  • The interior of the ship, which is permanently docked at Dubai's Mina Rashid port, has been completely preserved.
    The interior of the ship, which is permanently docked at Dubai's Mina Rashid port, has been completely preserved.
  • The midships lobby area in the restored QE2.
    The midships lobby area in the restored QE2.
  • The old Golden Lion pub.
    The old Golden Lion pub.
  • The casino is filled with slot machines - now purely decorative.
    The casino is filled with slot machines - now purely decorative.
  • A games arcade cluttered with old machines remains.
    A games arcade cluttered with old machines remains.
  • The QE2's stairs have been restored.
    The QE2's stairs have been restored.
  • The hotel has 447 hotel rooms and nine food and beverage outlets.
    The hotel has 447 hotel rooms and nine food and beverage outlets.
  • Inside a deluxe room on the QE2 hotel.
    Inside a deluxe room on the QE2 hotel.
  • Inside the renovated Yacht Club restaurant on the QE2.
    Inside the renovated Yacht Club restaurant on the QE2.
  • The corridors are all soft carpet and 1970s kitsch.
    The corridors are all soft carpet and 1970s kitsch.
  • The ocean liner is named after the late Queen Elizabeth II.
    The ocean liner is named after the late Queen Elizabeth II.
  • The midships lobby area in the restored QE2.
    The midships lobby area in the restored QE2.

Dubai's 'QE2' to get a makeover under new ownership


Evelyn Lau
  • English
  • Arabic

Dubai’s only floating hotel is getting new ownership. French hospitality group Accor is taking over the Queen Elizabeth 2, with plans to add upgrades and renovations to the property.

Once the project is complete, there will be 447 hotel rooms and nine food and beverage outlets. There’s also expected to be six retail outlets, a swimming pool and a gym. On the business front, there will be 10 meeting rooms, plus a 5,620-square-metre area for outdoor events.

All of these renovations will take place in phases.

“We are very excited to partner with Accor on this project. We trust the group’s expertise will elevate the QE2 to a new era of operations,” says Saeed Al-Bannai, chief executive of Ports, Customs and Free Zone Corporation.

“The Queen Elizabeth as we know her, has made history and we are confident that Accor will keep her legacy alive while her strong heritage and notoriety will remain a destination in itself, where guests and visitors alike can enjoy a unique experience.”

The world-famous ocean liner-turned-hotel, is permanently docked at Dubai's Mina Rashid port. In 2020, it opened its bridge to the public for the first time in 52 years with one-hour tours.

While there were previously heritage tours of the QE2, the Bridge tours differ by going into detail about nautical facts, while giving visitors a behind-the-scenes look at the commanding station of the ship and its old maritime equipment.

What is the 'Queen Elizabeth 2'?

The floating hotel opened in 2018 with 224 refurbished rooms and suites, 13 restaurant and nightlife venues, a shopping arcade and 25 meeting rooms and conferencing facilities.

QE2 was built by the John Brown shipyards in Clydebank, Scotland, and was launched on September 20, 1967, by Queen Elizabeth II.

The length of the ship (294 metres) is a third of the height of Burj Khalifa, while the diesel engines once produced enough energy to power Fujairah. She had completed more than 800 Atlantic crossings and carried more than 2.5 million passengers before she was sold to Dubai in 2007.

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

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UAE currency: the story behind the money in your pockets
The specs

Engine: 2.0-litre 4-cyl

Power: 153hp at 6,000rpm

Torque: 200Nm at 4,000rpm

Transmission: 6-speed auto

Price: Dh99,000

On sale: now

Islamophobia definition

A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.

Trump v Khan

2016: Feud begins after Khan criticised Trump’s proposed Muslim travel ban to US

2017: Trump criticises Khan’s ‘no reason to be alarmed’ response to London Bridge terror attacks

2019: Trump calls Khan a “stone cold loser” before first state visit

2019: Trump tweets about “Khan’s Londonistan”, calling him “a national disgrace”

2022:  Khan’s office attributes rise in Islamophobic abuse against the major to hostility stoked during Trump’s presidency

July 2025 During a golfing trip to Scotland, Trump calls Khan “a nasty person”

Sept 2025 Trump blames Khan for London’s “stabbings and the dirt and the filth”.

Dec 2025 Trump suggests migrants got Khan elected, calls him a “horrible, vicious, disgusting mayor”

IF YOU GO
 
The flights: FlyDubai offers direct flights to Catania Airport from Dubai International Terminal 2 daily with return fares starting from Dh1,895.
 
The details: Access to the 2,900-metre elevation point at Mount Etna by cable car and 4x4 transport vehicle cost around €57.50 (Dh248) per adult. Entry into Teatro Greco costs €10 (Dh43). For more go to www.visitsicily.info

 Where to stay: Hilton Giardini Naxos offers beachfront access and accessible to Taormina and Mount Etna. Rooms start from around €130 (Dh561) per night, including taxes.

GAC GS8 Specs

Engine: 2.0-litre 4cyl turbo

Power: 248hp at 5,200rpm

Torque: 400Nm at 1,750-4,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.1L/100km

On sale: Now

Price: From Dh149,900

Global state-owned investor ranking by size

1.

United States

2.

China

3.

UAE

4.

Japan

5

Norway

6.

Canada

7.

Singapore

8.

Australia

9.

Saudi Arabia

10.

South Korea

German intelligence warnings
  • 2002: "Hezbollah supporters feared becoming a target of security services because of the effects of [9/11] ... discussions on Hezbollah policy moved from mosques into smaller circles in private homes." Supporters in Germany: 800
  • 2013: "Financial and logistical support from Germany for Hezbollah in Lebanon supports the armed struggle against Israel ... Hezbollah supporters in Germany hold back from actions that would gain publicity." Supporters in Germany: 950
  • 2023: "It must be reckoned with that Hezbollah will continue to plan terrorist actions outside the Middle East against Israel or Israeli interests." Supporters in Germany: 1,250 

Source: Federal Office for the Protection of the Constitution

THREE
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The Sky Is Pink

Director: Shonali Bose

Cast: Priyanka Chopra Jonas, Farhan Akhtar, Zaira Wasim, Rohit Saraf

Three stars

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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5.30pm: Wathba Stallions Cup Handicap (PA) Dh70,000 (T) 2,200m, Winners: Sharkh, Pat Cosgrave, Helal Al Alawi

6pm: The President’s Cup Prep - Conditions (PA) Dh100,000 (T) 2,200m, Winner: Somoud, Richard Mullen, Jean de Roualle

6.30pm: Handicap (PA) Dh90,000 (T) 1,600m, Winner: Harrab, Ryan Curatolo, Jean de Roualle

7pm: Abu Dhabi Equestrian Gold Cup - Prestige (PA) Dh125,000 (T) 1,600m, Winner: Hameem, Adrie de Vries, Abdallah Al Hammadi

7.30pm: Al Ruwais – Group 3 (PA) Dh300,000 (T) 1,200m, Winner: AF Alwajel, Tadhg O’Shea, Ernst Oertel

8pm: Maiden (TB) Dh80,000 (T) 1,400m, Winner: Nibras Passion, Bernardo Pinheiro, Ismail Mohammed

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COMPANY PROFILE
Company name: BorrowMe (BorrowMe.com)

Date started: August 2021

Founder: Nour Sabri

Based: Dubai, UAE

Sector: E-commerce / Marketplace

Size: Two employees

Funding stage: Seed investment

Initial investment: $200,000

Investors: Amr Manaa (director, PwC Middle East) 

Updated: May 10, 2022, 2:46 PM