Khalaf Al Habtoor | Gulf Business

36. Khalaf Al Habtoor

Founding Chairman, Al Habtoor Group (AHG)

Origin: UAE

Residence: UAE

Sector: Diversified

2023 Rank: 37

UAE businessman Khalaf Al Habtoor runs a major conglomerate in Dubai with businesses spanning the hotel, automotive, real estate and education sectors. A leader in the realm of luxury real estate, Al Habtoor earlier this year announced plans to launch a 283-unit Jumeirah waterfront development. The project is set to range from two-bedroom apartments to opulent four-bedroom duplex penthouses, with each residence set to o­ er panoramic sea views of Dubai’s iconic skyline and the azure waters of the Arabian Gulf. Apart from the UAE, AHG also maintains a presence in the UK, the US, Austria, Hungary and Lebanon. Meanwhile, Al Habtoor has also previously said in 2022 that he is open to carrying out an IPO, even if it just comprises a certain subsidiaries within his business.

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