Home lists Top 100 most powerful Arabs 2022 Mohamed Alabbar Founder, Emaar/noon.com Origin: UAE Residence: UAE Sector: Real Estate/Retail 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.