Gulf Business

Mohamed Alabbar

Founder, Emaar/noon.com

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Developer Emaar Properties posted its highest ever property sales worth $9.19bn last year. It also reported a net profit of $1.035bn for 2021, recording 80 per cent growth from $574m in 2020. Besides being at the forefront of real estate, Emaar founder, Alabbar, has also driven the e-commerce platform noon.com, which opened its largest warehouse space in Riyadh recently, spanning over 45,000 sq m. Alabbar is also the chairman of Zand, a digital bank, which will offer retail and corporate services, post launch.

 ?? ?? Origin: UAE Residence: UAE Sector: Real Estate/Retail 2021 rank: 11
Origin: UAE Residence: UAE Sector: Real Estate/Retail 2021 rank: 11

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