Thursday, 5 May 2011

FT.com - Emaar founder eyes Africa’s commodity riches

Mohammed Ali Alabbar, chairman of Dubai real estate mammoth Emaar, has adopted a lower profile within the emirate during the past couple of years.

In the aftermath of Dubai’s real estate crash, he was sidelined by a new guard of officials less tainted by association with the emirate’s shift from boom to debt-laden bust.

Mr Alabbar has continued to guide Emaar through the emirate’s travails but, dusting himself off from the rough and tumble of politics, has looked increasingly to Africa.

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