The opening will mark Dorchester’s first hotel in the Middle East
The legendary ship has had a complicated history since being acquired by Dubai World unit Istithmar for $100m in 2007
Jumeirah had previously stated it intended to relaunch the brand after it was scrapped during the financial crisis
The hotel will be located within what is set to be the tallest structure on Dubai’s palm-shaped island.
Prince Alwaleed was one of several princes, ministers and former ministers detained in a government crackdown
Saudi billionaire Prince Alwaleed, a major investor in Four Seasons, was detained in a corruption probe