Finance World Magazine| Edition: February 2024
This edition of Finance World magazine delves into the intricate tapestry of family businesses that form the backbone of the UAE's economic landscape. While the world marvels at the skyscrapers that adorn the horizon, it is the stories of resilience, tradition, and financial acumen within these family enterprises that define the nation's economic fabric. The cover story highlights some of the influential family businesses that traverse diverse sectors within the UAE, weaving together a narrative that profoundly influences the nation's economic trajectory. Furthermore, articles such as 'Exploring The AlMulla Brothers' Visionary Approach to Healthcare' and 'Innovation in Elevation: Al Habtoor Real Estate's Landmark Projects of 2023' navigate the influential role of family businesses in driving growth within diverse sectors. Moreover, the magazine explores regulatory initiatives taken by the UAE to boost family businesses within the country and their consequential impact on the economy. Articles including, 'The Economic Significance of Family Businesses in the UAE' and 'UAE's Unified Registry Launch: Strengthening Family Business Governance' provide insights into these regulatory measures. Keep yourself up to date with all financial sector news with our current news segments. Each person can find something unique from us. We believe our readers deserve real value from what we have to offer.
This edition of Finance World magazine delves into the intricate tapestry of family businesses that form the backbone of the UAE's economic landscape. While the world marvels at the skyscrapers that adorn the horizon, it is the stories of resilience, tradition, and financial acumen within these family enterprises that define the nation's economic fabric.
The cover story highlights some of the influential family businesses that traverse diverse sectors within the UAE, weaving together a narrative that profoundly influences the nation's economic trajectory. Furthermore, articles such as 'Exploring The AlMulla Brothers' Visionary Approach to Healthcare' and 'Innovation in Elevation: Al Habtoor Real Estate's Landmark Projects of 2023' navigate the influential role of family businesses in driving growth within diverse sectors.
Moreover, the magazine explores regulatory initiatives taken by the UAE to boost family businesses within the country and their consequential impact on the economy. Articles including, 'The Economic Significance of Family Businesses in the UAE' and 'UAE's Unified Registry Launch: Strengthening Family Business Governance' provide insights into these regulatory measures.
Keep yourself up to date with all financial sector news with our current news segments. Each person can find something unique from us. We believe our readers deserve real value from what we have to offer.
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Cover Story<br />
Family Traditions,<br />
Business Triumphs:<br />
UAE’s Core Enterprises<br />
Rashid Al Abbar<br />
Chairman, Al Abbar Group<br />
Sector: Construction | Establishment: 1968<br />
Al Abbar Group stands as an internationally acclaimed<br />
façade solutions provider, boasting over fifty years<br />
of expertise in delivering iconic building façades.<br />
As one of the largest architectural envelope and glazing<br />
contractors in the Middle East, the group specialises in<br />
the comprehensive process of designing, engineering,<br />
manufacturing, project management, and installing bespoke<br />
architectural façades on a global scale.<br />
With a pervasive global presence, Al Abbar Group has a<br />
network of offices in the Middle East, South & East Asia,<br />
North America, and Europe. The group’s annual turnover<br />
of 300 million US dollars is driven by its five separate<br />
manufacturing and global supply facilities. Employing<br />
over 5000 professionals, the group’s capabilities span<br />
manufacturing, global reach, one-stop-shop services, and<br />
performance mockup & testing.<br />
Al Abbar Group’s product and service portfolio is diverse,<br />
covering bespoke architectural aluminium facade systems,<br />
aluminium & steel skylights, active façade systems &<br />
solutions, point-fixed glass façades, rain-screen cladding,<br />
aluminium composite solid panels & Mashrabiya, standing<br />
seam roofing, certified fire-rated curtain walls, windows<br />
& doors, secondary steel structures & AESS, architectural<br />
stainless steel metal works and cladding, frameless<br />
glass partitions, free-standing balustrades, architectural<br />
flat & curved glass processing, architectural decorative<br />
glass processing, high-performance solar control glass<br />
coatings, blast-proof glazing systems, and architectural<br />
surface finishing.<br />
The group has left an indelible mark across various<br />
project categories, including airports, commercial spaces,<br />
high-rises, hospitality venues, iconic structures, leisure<br />
facilities, mixed-use developments, and retail spaces.<br />
Al Abbar Group’s subsidiaries, including Al Abbar<br />
Tempering Plant LLC and Al Abbar Glass & Trading Co.,<br />
complement its prowess in manufacturing and glass<br />
processing. The commitment to quality is evident in its<br />
certified fire-rated curtain walls, windows, and doors, as<br />
well as its high-performance solar control glass coatings.<br />
In the competitive landscape of architectural envelope<br />
and glazing, Al Abbar Group has consistently demonstrated<br />
its leadership through innovative solutions, global excellence,<br />
and a dedication to delivering iconic facades. As<br />
a family business with a legacy dating back decades, Al<br />
Abbar Group continues to shape skylines and contribute<br />
to the aesthetic and functional aspects of architectural<br />
design worldwide.<br />
28 www.thefinanceworld.com <strong>February</strong> <strong>2024</strong>
Change language