"The integration between UAE in general, specifically Dubai, and India is historic. The benefit of this long relationship really continues to grow. Dr Mahathir Mohamad (former Malaysian prime minister) said, look East, and where do we look in the East? Is there anything better, bigger, more stable, and keeps growing than India? There is nothing," Mohamed Alabbar, Founder, Emaar Properties.
"The integration between UAE in general, specifically Dubai, and India is historic. The benefit of this long relationship really continues to grow. Dr Mahathir Mohamad (former Malaysian prime minister) said, look East, and where do we look in the East? Is there anything better, bigger, more stable, and keeps growing than India? There is nothing," Mohamed Alabbar, Founder, Emaar Properties.
Mohamed Alabbar is more than just the managing director of Emaar Properties, the Dubai real estate firm that built the worlds tallest building, the Burj Khalifa. The multi-faceted entrepreneur and investor is also taking on Amazon in West Asia and spearheading UAEs first digital bank Zand. In a video interview with Kailash Babar and Arijit Barman, Alabbar spoke frankly about mistakes made in India and investment opportunities in digital assets.
There is a buzz again that Cipla is toying with the idea of selling out to private-equity firms Baring Asia and Blackstone, at least partially, if not seeking a full exit. In this episode of The Morning Brief, Vikas Dandekar, Editor - Pharma and Life Sciences at ET Prime, walks down memory lane with host Anupriya Nair. Also discussed in this episode is, why the speculated Cipla sale is not a mere M&A deal and what could be on the mind of founder Yusuf Hamied. But emotions aside, do the valuations add up to excite investors? ET s Arijit Barman gives us the buzz from the deal makers. Listen in!
Despite a challenging fiscal year marked by rising interest rates, high inflation, and market volatility, CPP Investments has reported a return of 1.3%. The largest pension fund manager in Canada grew its Indian market portfolio by 11% in FY23 to C$22bn. CPP Investments CEO John Graham said the portfolio was encouraged by the breadth of its investments in India, which span health care, technology, infrastructure, credit, and real estate.