1. MOHAMED ALI ALABBAR, chairman, EmaarOrigin: UAE Residence: UAE The chairman, who has been instrumental in shaping the region’s real estate landscape, is also a trusted advisor to Dubai’s Ruler, HH Sheikh Mohammed. In a sign that Emaar has balanced its books after Dubai’s real estate crisis, the company announced a 50 per cent rise in Q3 net profit in 2013 and launched a number of new projects including a $3 billion development in Iraqi Kurdistan. Charismatic Alabbar runs 60 global companies beneath the Emaar banner, spanning global real estate, health and services.
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The full list of The World’s 100 Most Powerful Arabs is published in the Gulf Business February 2014 issue and can be purchased from newsstands in the Gulf.