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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 South is one of the principal components in Emaar Development's Dubai South project. [43] Emaar South was announced in August 2016 and, upon completion, will encompass 22,700 residential units, leisure facilities, public amenities, and commercial properties, spread over a 6,700,000m² site. [44]
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 ...
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.
Emaar India Limited is a real estate developer principally engaged in promotion, construction, development and sale of integrated townships, residential and commercial multi storied buildings, houses, flats, shopping malls, hotels, and other developments.
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 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 ...