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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 November 2020, Emaar Properties announced a profit fall of 48% from the beginning of the year until September. [24] In December 2020, Alabbar stepped down as Emaar chairman but continued to oversee the day-to-day activities as managing director. [25] The Dubai Mall, developed by Emaar Properties, is the second world's largest shopping mall. [26]
Emaar Developments is the UAE-based property development arm of Emaar Properties. [1] The company develops residential and commercial property, shopping malls and other retail assets, as well as hospitality and leisure attractions.
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 ...
Currently, Kothari is on the Board of Directors of Emaar India, [19] a subsidiary of Dubai-based Emaar Properties, known for developing the Burj Khalifa, the tallest building in the world. [20] [21] Additionally, he has also been a senior advisor to many companies including Softbank, [22] and Noon.com, a Middle East e-commerce company.
In March 2019, Eagle Hills Properties was short-listed to lead the project City within the City in Zagreb, Croatia, [10] and completed the first phase of residential developments within the Maryam Island with the sales launch of the residential units of Indigo Beach Residence. [11] The company is chaired by Mohamed Alabbar. [12]
Elon Musk’s footprint in Texas keeps getting bigger. The appraised value of properties in the state owned by the billionaire’s companies has climbed in recent years to at least $2.5 billion ...
In 2006, Shravan's MGF Developments entered into a joint venture with Emaar Properties PJSC Dubai to invest in the Indian realty space. [10] [9] The joint venture company, Emaar MGF, has invested about Rs.8,500 crore in the Indian real estate market, of which about Rs. 7000 crore (INR 70 billion/USD 1 billion) was brought in by Emaar, which represents the largest Foreign direct investment in ...