SUBSCRIBERS

Disquiet over Dubai property king's outside deals

Shareholders stirred by Emaar's brain drain and chairman's involvement in other firms' projects

Published Sun, Apr 5, 2015 · 09:50 PM
Share this article.

Dubai

AS chairman of Emaar Properties , Mohamed Alabbar has shaped much of Dubai's skyline, but rapid growth in his outside real estate interests is raising the possibility of a rarity in the Gulf - open shareholder dissent.

Speculation persists that Mr Alabbar and Emaar, the company he founded in 1997, could soon part ways despite a categorical denial from the firm last month.

His involvement in …

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Property

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here