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Mohamed Ali Alabbar (Arabic: محمد على العبار; born November 8, 1956) is an Emirati businessman known for founding Emaar Properties, a real estate development company involved in projects such as the Burj Khalifa and the Dubai Mall. He is also the founder and chairman of Eagle Hills, a private investment and real estate development ...
In 2000, Emaar Properties was listed on the Dubai Financial Market and became the first property company to offer shares to foreign nationals. [6] The first phase of the company's developmental projects began in 2001 when Emaar awarded the contract in a joint venture to build three of the six apartment towers. [7] A scale model of The Dubai Mall
Emaar Development is headed by founder Mohammed Alabbar and CEO Chris O'Donnell. [2] With the support of the parent company, Emaar Properties, Emaar Development has developed projects such as Emirates Living, Dubai Marina and Downtown Dubai.
The formal name of the company is Nakheel PJSC (private joint stock company) and it was a subsidiary of Dubai World and a private state-owned enterprise. [4] [2] Nakheel was central to Dubai's debt crisis in 2009–2010. [5] The company has been reported to be the second-largest property developer in Dubai after Emaar Properties. [6]
Top holdings include Emaar Properties, a real estate developer controlled by Dubai ruler Mohammed bin Rashid Al Maktoum; Air Arabia, one of the largest low-cost air carriers in the region; and Abu ...
The company develops residential and commercial projects in different parts of India, including Gurugram, Delhi/NCR, Mohali, Lucknow, Indore and other Indian cities. [1] [2] [3] Emaar started its operations in 2005. [4] The company is promoted by Emaar Properties PJSC, Dubai (“Emaar”). [5]
No. of Billionaires: 406 Drivers of Wealth: Technology, real estate, manufacturing Famous Billionaire: Jack Ma 3. India
Eagle Hills is a private real estate investment and development company based in Abu Dhabi, United Arab Emirates. [ 1 ] [ 2 ] The company is headed by Mohamed Alabbar , founder and managing director of Emaar Properties , while Emaar Properties PJSC owns a 25% stake in the company since 2023.