Seychelles development seeks Mideast investors

Investors in the Middle East are among the primary targets for a new ultra-luxury development under construction in the Seychelles unveiled in Dubai this week, reported Khaleej Times. The management company behind the resort, Per Aquum, is encouraging investors to invest in the development, which offers tax advantages, national residency, political and economic stability and a safe living environment, it says. Seychelles has 116 islands, and one of these, Felicite Island, is being developed by Indian Ocean Resorts, with which Per Aquum has teamed up.