Billionaire Indian businessman Mukesh Ambani bought the most expensive house in the United Arab Emirates (UAE).
According to foreign media reports, an Indian businessman has bought the Palm Jumeirah from the family of Kuwaiti businessman Muhammad Al-Shaya.
It is said that Mickesh Ambani has purchased two properties for a total of about 16.3 million dollars (more than 35.59 billion Pakistani rupees).
It may be noted that Mukesh Ambani is the second richest person in India, whose property is estimated at 84 billion dollars.
The Indian businessman is currently buying properties outside his country, he is looking to make his second home abroad.
According to foreign media reports, Mukesh Ambani purchased a prestigious country club in the United Kingdom last year, while he is currently looking for a property for $79 million to buy a house in New York.
Reports said that he bought a property worth 80 million dollars in Dubai at the beginning of this year.
Later, he purchased another property on Palm Jumeirah Beach for $84.2 million, which is the most expensive property ever sold in the city.
The famous American company Tesla and SpaceX founder Elon Musk and Indian billionaire Mukesh Ambani are likely to clash in the broadband market.
According to international media reports, Elon Musk’s company SpaceX has sought permission to introduce its satellite internet services in India.
SpaceX has become the third company to apply for permission to introduce satellite internet services in India.
Earlier in India Bharti Group and Reliance Geo have already entered this sector.