January 23, 2017 5:54 AM ET

Industrial Conglomerates

Company Overview of Al Habtoor Group LLC

Company Overview

Al Habtoor Group LLC, through its subsidiaries, operates construction, hotel, automobile distribution, vehicle leasing, real estate, education, publishing, and sports businesses in the United Arab Emirates and internationally. It offers engineering and infrastructure services that include design, development, construction, and operation and maintenance in the areas of roads and bridges, tunnels, airports, pipelines, ports and harbors, and water and power projects; builds hotels, commercial and retail properties, hospitals and healthcare centers, residential properties, education and culture facilities, industrial facilities, sports facilities, and government and defense buildings; develops, ...

Al Wasl Road, Al Safa 2

PO Box 25444

Dubai,  

United Arab Emirates

Founded in 1970

Phone:

971 4 394 1444

Fax:

971 4 394 9990

Key Executives for Al Habtoor Group LLC

Vice Chairman and Chief Executive Officer
Age: 48
Founder, Owner and Chairman
Chief Financial Officer
Chief Executive of Habtoor Hotels
Managing Director of Hospitality Division
Compensation as of Fiscal Year 2016.

Al Habtoor Group LLC Key Developments

Al Habtoor Group Mulls Acquisitions

Al Habtoor Group LLC is seeking acquisitions. It bought hotels in the U.K., Austria and Hungary. The company is considering further acquisitions in large European cities, as well as developing real estate in Eastern Europe, Al Habtoor said.

Al Habtoor Mulls Financing

Al Habtoor Group LLC, is seeking financing. The company is closer to the initial public offering it has been considering since 2000, its Chief Executive Officer said in an interview. “We have all the documents ready, all that we need to do is to update all the information” to include revenue from the recently completed Al Habtoor City project, Mohammed Al Habtoor told Bloomberg.

Habtoor Promotes Kamal Naamani to Hospitality MD

The Al Habtoor Group has promoted Kamal Naamani to managing director, hospitality & leisure projects UAE. Naamani joined the group in June 2015 as group director of operations. He is responsible for overseeing the operations of the company's growing portfolio of new developments, including the Al Habtoor City. In his expanded new leadership role, Naamani will oversee all owned and managed Habtoor hotels in the United Arab Emirates, as well as Habtoor Catering and Habtoor Laundry Operations. Before joining the group, Naamani was managing director, Asia Pacific at Pragma Group, based in Shanghai, China and has over 21 years of luxury hotel experience in senior levels with Fairmont Raffles Hotels and Resorts in many key destinations around the world.

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