Dubai – Mubasher: Emaar Properties, the developer behind the world’s tallest tower, plans to boost its investments in the Indian market, Emaar chairman Mohamed Alabbar said.
The plan is part of Emaar’s strategy to diversify its investments in India through exploring logistics, food storage, as well as brick and mortar development, he added.
On the other hand, Saudi Arabia also targets investing near AED 168 billion ($44 billion) in Indian mega refinery in Ratnagiri, that will be built by state-run Saudi Aramco, the UAE’s ADNOC and a strong consortium of three local firms.