Emaar accuses MGF, Shravan Gupta of fraudulent transfer of land parcels
NEW DELHI: Emaar India Limited, a subsidiary of world renowned global real estate company Emaar Properties, Dubai, recently cautioned public against dealing with MGF Group, its promoter Mr. Shravan Gupta, and associates, in respect of a land parcel in Okhla, Delhi. This land was valued at nearly INR 5 billion in 2008 and may be […]
Dubai’s Emaar appoints Jamal Bin Theniyah as new chairman
DUBAI: Dubai’s largest listed developer Emaar Properties has named Mohamed Alabbar, founder of the company and previously chairman of the board of directors, as managing director, and appointed Jamal Bin Theniyah as the new chairman. The decision, communicated in a bourse filing, was taken to comply with regulations that prohibit combining the position of chairman […]