Published: Oct 01, 2014
Source: Emirates 24|7


Email this story Print this page zoomin zoomout

Prices 'unimaginable' if Modi puts India on 'faster' growth track: Emaar Chairman

Emaar is only Dubai-based company to set up real estate development joint venture in India

The Chairman of Emaar Properties, Dubai’s largest developer, believes raw material prices may reach an “unimaginable” level if India’s Prime Minister Narendra Modi can put India on a faster growth track next to China.

“If Indian PM Narendra Modi can cut the bureaucratic red tape and put India on a faster growth track like China, which is already growing at a fast speed, raw material prices (steel, cement etc) will be ‘unimaginable’,” Mohamed Alabbar said in Dubai on Monday- By Parag Deulgaonakr. Read more>>>

© Copyright - Emirates 24|7
comments powered by Disqus

Middle East Stock Markets

Index Last Change %Change
TASI 6,987.65 -2.88 -0.04%
ADI 4,551.79 -18.57 -0.41%
DFMGI 3,390.04 +3.60 0.11%
QE 10,134.90 +84.20 0.84%
KSE 6,774.34 +14.18 0.21%
MSM30... 5,413.430 +5.690 0.11%
ASE... 2,161.47 -3.05 -0.14%

Recent Analyst Actions  >>

Company Price Opinion
Voltamp Energy Co. 0.52 Overweight
Jarir Marketing Co. 142.60 Overweight
Saudi Basic Industries Corp. 90.00 Neutral
Etihad Etisalat Co. 25.00 Neutral
Yamama Cement Company 20.30 Neutral

Markets Today Quick Links


Get all the latest updates about the GCC & Global Markets directly to your email