Mohamed Alabbar, 68, founder of Emaar Properties and Noon, has combined fearlessness, a gamers’ precision, and passion for an unending game of chess. Rather than most of his peers going for the mechanized approach of gradualist planning, Alabbar feeds on constructing – be it the towering edifices of property business or the new dawn of online trading. He himself has companies across continents, active recently in Madagascar, Tanzania & Croatia to name few that captures his endless appetite for change.
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The Art of “Paranoid Love”
Its founder, Alabbar,’s operational strategy is intrinsically motivated by what he dubiously labeled the “paranoid love” or passion multiplied by perfectionism. From framing villas with Islamic scripts to giving final touches to malls, his work finesse makes sure no opportunity misses a two. “We operate like a military formation,” Alabbar is confident this is true, which is the case with Noon, another operation that’s competing head to head with Amazon in the Middle East in the e-commerce and the food delivery domains.
However, it seems that Alabbar successfully conveys a message about his unyielding principle of deliberately applying strict standards to all organizations he administers. “Getting rid of useless people is more important,” he said bearing his top-down management strategy hardened heart. His internal philosophy fosters a culture of constant improvement: “Every year we lost to ourselves.”
Pioneering New Frontiers
In the present, technology and AI planning and implementation take up to fifty percent of his time pull, but Alabbar still has the same fire for real estate. Recent acquirer entail 12 very rich hotels in Croatia’s Hvar Island that has dubbed as the planet’s most picture book like attractive coastline. In Madagascar he visualises revolutionizing accessibility via new airborne taxi services, possible investments $1bn+.
Moving away from business, Alabbar has a lot to say thank you to the leadership of Dubai for. “They turned me from zero to hero,” he says. His contributions however go beyond his country as he is concerned with the development of the emergent markets for economic development.
A Legacy in Progress
For Alabbar building is not just a career it is actually a passion that gives him sheer delight. “I don’t think I’m working. That is all he needed to say; he had felt that he was enjoying himself to the max. The tenacity is an understudy concisely, innovation, sustainability, focusing of the future generations, Alabbar’s impact persists leaving modern Dubai and further afield in its adolescence today, his greatest work still to come.
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