Mohamed Alabbar ( ar, محمد علي العبار), (born November 8, 1956) is an Emirati businessman who is best known as the founder of
Emaar Properties
Emaar Properties (Emaar Developments or simply Emaar) is an Emirati multinational real estate development company located in the United Arab Emirates. It is a public joint-stock company, listed on the Dubai Financial Market, and has a valuation o ...
, the developer of assets such as the
Burj Khalifa and the
Dubai Mall
The Dubai Mall ( ar, دبي مول "Dubai Mall") is a shopping mall in Dubai. It is the second largest mall in the world after the Iran Mall by total land area, and the 26th-largest shopping mall in the world by gross leasable area, tying with ...
, as well as the chairman of Eagle Hills, an Abu Dhabi-based private investment and real estate development company.
Alabbar is also a co-founder of
Noon.com, an e-commerce company and the chairman of
Americana Group, in food industries.
Early life
Mohamed Alabbar was born in Dubai and is the eldest of 12 children.
His father was the captain of a traditional trading vessel known as a
dhow
Dhow ( ar, داو, translit=dāwa; mr, script=Latn, dāw) is the generic name of a number of traditional sailing vessels with one or more masts with settee or sometimes lateen sails, used in the Red Sea and Indian Ocean region. Typically spo ...
and raised his children in the Rashidiya area of
Dubai
Dubai (, ; ar, دبي, translit=Dubayy, , ) is the most populous city in the United Arab Emirates (UAE) and the capital of the Emirate of Dubai, the most populated of the 7 emirates of the United Arab Emirates.The Government and Politics of ...
.
In the 1970s, Alabbar received a government scholarship to study finance and business administration from The Albers School of Business and Economics at
Seattle University.
Alabbar graduated from Seattle University in 1981 with a degree in Business Administration.
He also received an honorary doctoral degree in humanities from his alma mater in 2007 and served on its Board of Trustees until 2016.
Career
After college, Alabbar started off his career with the
Central Bank of the United Arab Emirates
The Central Bank of the United Arab Emirates ( ar, مصرف الإمارات العربية المتحدة المركزي) (also known as Central Bank of the UAE or simply CBUAE) is the state institution responsible for managing the currency, mon ...
as a banking manager.
In 1992, Alabbar returned to
Dubai
Dubai (, ; ar, دبي, translit=Dubayy, , ) is the most populous city in the United Arab Emirates (UAE) and the capital of the Emirate of Dubai, the most populated of the 7 emirates of the United Arab Emirates.The Government and Politics of ...
and began working for the government as the founding director general of the
Department of Economic Development (DED).
Alabbar's career led him to establish a close relationship with
Sheikh Mohammed bin Rashid Al Maktoum
Sheikh Mohammed bin Rashid Al Maktoum ( ar, محمد بن راشد آل مكتوم, links=no; ; born 15 July 1949) is the vice president, prime minister, and minister of defence of the United Arab Emirates (UAE) as well as the ruler of Dubai. ...
, the Ruler of Dubai, where he later became one of Sheikh Mohammed's chief economic advisers.
Alabbar worked with Sheikh Mohammed bin Rashid Al Maktoum to drive the development and growth of both Dubai's tourism industry and global reputation.
He is the founder and
chairman of Africa Middle East Resources (AMER), a private company that works to unlock the value of natural resource opportunities in Africa and link them with large consumer markets in Asia.
He is also the founder and major shareholder of RSH, the leading Singapore-based pan-Asian marketer, distributor and retailer of international fashion and lifestyle brands.
In March 2015, Capital City Partners, a real estate investment fund led by Alabbar, announced plans to build a new capital in Egypt. Also in 2015, Alabbar, who sits on the board of Eagle Hills, announced plans to develop the largest mall in the Balkans in Belgrade.
Board memberships
Alabbar chairs
Eagle Hills, a
UAE
The United Arab Emirates (UAE; ar, اَلْإِمَارَات الْعَرَبِيَة الْمُتَحِدَة ), or simply the Emirates ( ar, الِْإمَارَات ), is a country in Western Asia (The Middle East). It is located at th ...
-based real estate development company focused on large-scale projects in high-growth international markets. He serves on the board of Emaar Malls.
Alabbar also sits on the board of Noor Investment Group, an affiliate of Dubai Group, the leading diversified financial company of Dubai Holding.
Personal life
Alabbar is a member of the endurance horse racing community in the
United Arab Emirates
The United Arab Emirates (UAE; ar, اَلْإِمَارَات الْعَرَبِيَة الْمُتَحِدَة ), or simply the Emirates ( ar, الِْإمَارَات ), is a country in Western Asia ( The Middle East). It is located at t ...
.
References
{{DEFAULTSORT:Alabbar, Mohamed
1956 births
Living people
Emirati businesspeople
Emirati businesspeople in real estate
People from Dubai
Seattle University alumni
Emirati male golfers