Mohamed Alabbar

Businessman, Real Estate Developer, Entrepreneur

Emirati

Quick Info

ProfessionBusinessman, Real Estate Developer, Entrepreneur
NationalityEmirati
Date of Birth08/11/1956
Age69 years

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Bio/Wiki

OverviewMohamed Ali Alabbar is an Emirati businessman and global entrepreneur known for founding Emaar Properties, a major real estate development company. He is considered one of the leading businessmen in the Middle East and a driving force behind Dubai's economic growth.
Known For
  • Founding Emaar Properties
  • Developing Burj Khalifa, the world's tallest building
  • Developing Dubai Mall, one of the world's largest shopping centers
  • Developing Dubai Marina, the world's largest man-made marina
  • Founding Eagle Hills, a private investment and real estate company
  • Establishing Noon.com, an e-commerce platform
  • Acquiring Americana Group for USD 2.36 billion

Educational Qualification(s)

UndergraduateFinance and Business Administration from Seattle University, United States
Honorary Degrees
  • Honorary Doctorate from Seattle University
  • Honorary Doctorate from London School of Economics
  • Political Science Honorary Doctorate from Sun Moon University, South Korea

Personal Life

Work StylePrefers to work closely among teams rather than being enclosed in office

Career

Government Roles
  • Founding Director-General of Dubai Department of Economic Development
  • Member of Executive Council of the Government of Dubai
  • Member of Dubai Economic Council
  • Senior advisor to Dubai's ruler
Business Positions
  • Founder and Chairman of Emaar Properties
  • Founder and Chairman of Africa Middle East Resources (AMER)
  • Chairman of Tradewinds Corporation, Malaysia
  • Founder and owner of Alabbar Enterprises
  • Founder of Noon.com
  • Chairman of Namshi
  • Significant shareholder in YOOX Net-a-Porter
  • Founder and Chairman of Royal Sporting House (RSH), Singapore
  • Chairman of Al Salam Bank, Bahrain
  • Board member of Noor Investment Group
Business Interests
  • Real estate
  • Retail
  • Hospitality
  • E-commerce
  • Technology
  • Logistics
  • Food and Beverage
  • Venture capital
  • Fashion
  • Luxury goods

Some Lesser Known Facts

1. Led a consortium acquiring Americana Group, managing franchises like Pizza Hut and KFC
2. Established RSH, a Singapore-based company specializing in marketing and retailing over 70 international fashion brands across 20 countries
3. Invested more than 100 million euros in YOOX Net-a-Porter
4. Emaar Properties operates in more than 80 countries
5. Dubai Mall accounts for approximately half of Dubai's luxury goods consumption
6. Emaar Properties and Emaar Malls are listed on Dubai Financial Market
7. Led investor groups acquiring a combined 17.45% stake in Dubai-based courier Aramex and served as Board Director
8. Launched a USD 1 billion tech fund
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