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Emaar resource company may look at acquisitions

Chairman of Dubai-based property developer Emaar Properties, Mohamed Alabbar has said his Africa-focused natural resources company may look at acquisitions to grow as it seeks to tap demand for commodities in emerging markets, Bloomberg has reported. "Looking at the world today, this will be a major business, I see it between $10bn and $20bn," in the next 10 years, Alabbar said. "Probably in a year we might be doing some acquisition, and that will be 20% to 30% of what we do."