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Emaar ‘no longer considering sale’ of Indian entity
Khaleej Times
|September 19, 2025
Property giant Emaar on Thursday said that it is “no longer considering the sale” of stake in its Indian subsidiary and is more focused on joint ventures including Indian conglomerate Adani Group.
The Dubai-based developer’s statement was issued in a clarification posted on the Dubai Financial Market (DFM) — where it is listed — after London-based Financial Times reported that Emaar Properties is considering buying firms in the US, India, and China.
Earlier this year, Emaar confirmed talks with Adani Group and others about selling its Indian subsidiary, Emaar India.
Indian news agency PTI reported earlier this year that billionaire Gautam Adani’s group was in advanced talks to acquire Emaar India for an enterprise value of about $1.4-$1.5 billion (Dh5.1-5.5 billion).
Dit verhaal komt uit de September 19, 2025-editie van Khaleej Times.
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