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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

    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.

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