Malik Riaz did not spare even foreign investors and a very respectable Muslim state based business group the Abu Dhabi Group and finally they had to clarify the real picture.
Dubai: Abu Dhabi group has denied all the news about the agreement worth $45 billion that has been signed between Abu Dhabi group and Bahria Town’s chairman Malik Riaz to build the tallest building in the world in Karachi.
The report further said that the Dhabi Contracting Establishment however has signed a Non-biding Memorandum of Understanding but that is under the ownership of Shaikh Nahyan Bin Mubarik Annahyan not Abu Dhabi group.
The report said that Shaikh Nahyan Bin Mubarik Annahyan, Abu Dhabi group, Dhabi Contracting and other such parties are not investing in any such project in Pakistan. However, they look forward to support Pakistan in future for any such deal.
One of the senior journalists from Jang/ The News Geo Grouplso tweeted on that story:
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