Dubai's Emaar says aware of report claiming CEO detained in India

Dubai's Emaar Properties is aware of a media report that its Group Chief Executive Amit Jain has been detained in India, a spokesperson for the company said on Saturday

Emaar India
Emaar Properties
Reuters
1 min read Last Updated : Jun 25 2022 | 2:03 PM IST

Dubai's Emaar Properties is aware of a media report that its Group Chief Executive Amit Jain has been detained in India, a spokesperson for the company said on Saturday.

"Emaar is aware of reports regarding the Group CEO Amit Jain, over an issue relating to the company's work in India. The issue has now been resolved and we have no further comments at this time," the spokesperson added.

Indian news agency ANI reported Jain has been detained on arrival at Delhi's Indira Gandhi International Airport on Friday and handed over to local police. The reason for his detention was unclear.

Emaar, builder of the world's tallest tower, the Burj Khalifa, is Dubai's largest listed developer. The Dubai government owns a minority stake in the developer through its sovereign wealth fund.

Dubai's government media office and the UAE foreign ministry did not immediately respond to questions on the ANI report.

(Reporting by Alexander Cornwell; Writing by Moataz Mohamed; Editing by Pravin Char)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Subscribe to Business Standard digital and get complimentary access to The New York Times

Quarterly Starter

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

Save 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories Online

  • Over 30 behind the paywall stories daily, handpicked by our editors for subscribers

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Emaar PropertiesDubaiIndia

First Published: Jun 25 2022 | 1:56 PM IST

Next Story