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Saudi Minister of Economy and Planning Meets with UN Chief

The Saudi Minister of Economy and Planning has met with the UN Secretary General on the sidelines of the 2023 High-Level Political Forum in New York. SPA
The Saudi Minister of Economy and Planning has met with the UN Secretary General on the sidelines of the 2023 High-Level Political Forum in New York. SPA
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Saudi Minister of Economy and Planning Meets with UN Chief

The Saudi Minister of Economy and Planning has met with the UN Secretary General on the sidelines of the 2023 High-Level Political Forum in New York. SPA
The Saudi Minister of Economy and Planning has met with the UN Secretary General on the sidelines of the 2023 High-Level Political Forum in New York. SPA

Saudi Minister of Economy and Planning Faisal bin Fadel Al-Ibrahim has met with the United Nations Secretary General, Antonio Guterres, on the sidelines of the 2023 High-Level Political Forum in New York.

During the meeting, they discussed issues related to sustainable development, in addition to cooperation between the Kingdom and the UN.

The meeting was attended by Saudi Deputy Minister of Economy and Planning Eng. Ammar Naqadi.

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Dubai's Emaar in Talks with Indian Groups, including Adani, to Sell Stake in Local Business

The logo of Dubai's Emaar Properties on a building under construction in Dubai, UAE, March 3, 2016. (Reuters)
The logo of Dubai's Emaar Properties on a building under construction in Dubai, UAE, March 3, 2016. (Reuters)
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Dubai's Emaar in Talks with Indian Groups, including Adani, to Sell Stake in Local Business

The logo of Dubai's Emaar Properties on a building under construction in Dubai, UAE, March 3, 2016. (Reuters)
The logo of Dubai's Emaar Properties on a building under construction in Dubai, UAE, March 3, 2016. (Reuters)

Emaar Properties, Dubai's largest listed real estate firm, is in talks with "a few groups" in India including Adani Group to sell a stake of its Indian business, it said on Thursday.

The builder of the world's tallest building, the Burj Khalifa, and other iconic parts of Dubai, said in a statement that the valuation and other terms of a potential deal were not finalized, without adding further details, Reuters reported.

The statement followed media reports on Wednesday stating that Adani Realty, the real estate unit of Indian billionaire Gautam Adani's Adani Enterprise, was in advanced talks to acquire a majority stake in Emaar India.

Emaar started its operations in the country in 2005 and has a portfolio of residential and commercial properties in Gurugram, Mohali, Lucknow, Jaipur and Indore, according to its website.

Besides India, it operates internationally in other markets including Saudi Arabia, Türkiye and the US.