AMEinfo EXPERTS

Mohamed Alabbar: All you need to know

February 8, 2017 12:13 pm

Mohamed Alabbar, member of Dubai Executive Council and Chairman of Emaar Properties, talks during news conference at the World Economic Forum in Dubai. (Image: Reuters)

Mohamed Alabbar has been chairman of Emaar Properties since 1997

He bought stakes in Yoox Net-A-Porter, Aramex and Kuwait Food Co

He is among top economic advisers to HH Sheikh Mohammed

 

Emirati business mogul Alabbar has made headlines after announcing collaboration plans with Saudi Arabia to launch a Middle East-focused e-commerce platform. (Read the announcement here)

The Dubai-based businessman has a long, successful career in the larger corporate world and entrepreneurship alike.

 

(Alabbar plans messaging app to rival WhatsApp, read about this here)

 

Here is what you need to know about Mohamed Alabbar.

Building a name in property

Alabbar made his name serving as the chairman of Emaar Properties since 1997. Emaar is the builder of the world’s tallest tower Burj Khalifa and the owner and operator of the world’s largest shopping mall, The Dubai Mall. Both structures are in Dubai.

 

E-commerce efforts

Alabbar’s recently announced Middle East e-commerce platform is not his first investment in e-commerce. He has made several efforts earlier to support the industry. This included buying a stake in Italian online retailer Yoox Net-A-Porter (YNAP), Dubai-listed logistics firm Aramex and Kuwait Food Co (Americana).

 

(Alabbar buys stake in Yoox Net-A-Porter, read here)

Government roles

Mohamed Alabbar served as the director-general of the Dubai Department of Economic Development, for a period of time.

He is also among the top economic advisers to His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai.

Alabbar also serves as a member of Dubai Executive Council and the Dubai Economic Council.

 

His other past and present business involvements include:

 

Dubai Aluminum Company –  Vice-Chairman

Dubai World Trade Center – Vice-Chairman

Dubai Cable Company – Chairman

Africa Middle East Resources – Founder and Chairman

Tradewinds Corporation – Chairman

Eagle Hills – Board Member

The Economic City – Chairman

Emirates Stock Exchange Authority – Board Director

Dubai Chamber of Commerce – Board Director

National Bank of Dubai – now Emirates NBD – Board Director

Amlak Finance Company – Chairman

Gulf International Investment Group – Director

UM Land in Malaysia – Chairman

Smelter Asia – Chairman

Tags:

Ambareen Musa
By Ambareen Musa
CEO of Souqalmal.com Originally from Mauritius, Ambareen Musa holds an undergraduate business degree from RMIT university in Melbourne, Australia. She started her first online business, an online property portal for international students in Australia, at the age of 21.

AMEinfo EXPERTS
s