THE MIDDLE EAST’S

2. Mohamed Alabbar

Designation: Founder & Managing Director
Company: Emaar Properties
Headquarters: U.A.E.
Established: 1997

Alabbar is the Founder of Emaar Properties and Eagle Hills. In 2025, Emaar Properties recorded $13.5 billion in revenues and total assets of $50.8 billion. It also reported $21.9 billion in property sales, with a revenue backlog of $42.1 billion. In December 2025, the company revealed the 2.6 million square-meter Dubai Square project, a drive-through mall currently under construction within Dubai Creek Harbour. Alabbar is also Founder of Noon and Chairman of Zand Bank and Americana Restaurants. His net worth is estimated at $3 billion, as of March 2026.