logo
UAE: ‘Guiding light, role model' Hasan Ibrahim Al Fardan passes away

UAE: ‘Guiding light, role model' Hasan Ibrahim Al Fardan passes away

Khaleej Times12-04-2025

Haj Hasan Ibrahim Al Fardan, honourary chairman of Al Fardan Group and respected as one of the last great pearl merchants in the region, has passed away on Thursday at 94 years old.
'With profound sorrow, I share the passing of my beloved grandfather, Haj Hasan Ibrahim Al Fardan, the visionary leader and Honorary Chairman of Al Fardan Group,' Hasan Fardan Al Fardan, CEO of Al Fardan Exchange LLC, posted on LinkedIn on Friday.
'To the world, he was a pioneer who began his journey in 1954 with pearl trading and went on to build a diversified enterprise rooted in resilience, humility, and an enduring commitment to excellence,' said the younger Al Fardan, adding poignantly: 'To me, he was far more than a grandfather. He was my guiding light, my role model, and the steady foundation of our family.'
'His love for the UAE and its leadership ran deep. He firmly believed in the promise of its people, and often said that his greatest hope was to see Emirati generations thrive and contribute meaningfully to the nation's story. I am grateful that he lived to witness those hopes coming true,' he added.
Al Fardan Group sent a statement to Khaleej Times on Saturday announcing the passing of Al Fardan.
'As one of the last great pearl merchants in the region, (he) was a living testament to the UAE's rich maritime heritage. His expertise in pearl valuation preserved a crucial aspect of Emirati cultural identity while establishing standards of excellence that elevated the entire industry.
Under his exceptional leadership, Al Fardan Group evolved from its pearl trading origins into a diversified business conglomerate. His visionary leadership and unwavering commitment to excellence helped take Al Fardan Group to unprecedented heights, laid strong foundations for the UAE's business community, and inspired future generations of Emirati business leaders,' the statement added.
Al Fardan Group announced they will be observing a mourning period of three days in their founder's honour.
Legacy with a purpose
For Hasan his grandfather's journey 'was never solely about building a successful business it was about uplifting others, and creating a legacy with purpose, heart, and humanity. His wisdom, generosity, and quiet strength left a lasting impact on everyone who had the privilege of knowing him.
'The lessons (my grandfather) instilled in me continue to shape the way I work, lead, and live. His blessings are the light that guide me forward. Though his passing leaves a space no words can fill, his spirit, values, and legacy will remain forever with us and with the generations to come. May Allah (SWT) envelop his soul in mercy and grant him eternal peace,' he added.
Pivotal in our national growth
Meanwhile, in a commentary published by Khaleej Times back in September 2023, Hasan said nurturing local talent is essential for cultivating UAE leaders of the future.
He wrote: 'In 1971, the same year the UAE was established, our founder and honorary chairman (my grandfather) Hasan Ibrahim Al Fardan, founded Al Fardan Exchange.
Consistently emphasising the crucial role of cultivating Emirati talent and future leaders, he recognised that Emiratis have been pivotal in driving our national growth and will remain indispensable in realising the UAE's ambitious aspirations in the coming decades. Thus, as a family, we have always felt a duty to provide training and opportunities for UAE nationals, with the aim of fostering and elevating their capabilities to take on leadership positions,' Hasan added.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Ruwad records 23.9% growth in government contracts in 2024
Ruwad records 23.9% growth in government contracts in 2024

Sharjah 24

time40 minutes ago

  • Sharjah 24

Ruwad records 23.9% growth in government contracts in 2024

Improving national economic performance Acting Director Fatima Al Ali stated that this rise underscores RUWAD members' strong position as trusted providers to federal and local government agencies. It also demonstrates a growing trust in the quality of services and goods provided by Emirati entrepreneurs, reinforcing their position in national development and public-private collaborations. Enhancing member competitiveness She stated that RUWAD is dedicated to increasing its members' competitiveness through focused training programs, awareness workshops, and discussions on government procurement methods. Members are also urged to join approved supplier platforms and take part in digital tendering processes. Government partnerships Al Ali also stated that the foundation works with key authorities such as the Ministry of Finance and Sharjah's Central Finance Department to foster a conducive business environment. These collaborations enable increased participation in bids and provide additional incentives and opportunities for enterprises. Expanded reach throughout federal contracts In 2024, 46 RUWAD projects signed 318 contracts with 42 federal agencies. The services provided varied from hospitality and catering to facility management and office operations. Leading contracting bodies included the Sharjah Police Academy, Kalba Municipality, and the Districts Affairs Department. Expansion of supplier base by 250%. By the end of 2024, the number of RUWAD members registered as suppliers with Sharjah's Central Finance Department had grown to 129, up from 14 the previous year, representing a 250% increase. This extension allows more projects to benefit from government procurement privileges. RUWAD members also closed 22 mutual deals as part of the "Tashbeek" initiative, which aims to develop entrepreneurial relationships while also boosting collaboration and service integration.

ECI highlights role of skilled professionals in driving national export growth, economic diversification and sustainability
ECI highlights role of skilled professionals in driving national export growth, economic diversification and sustainability

Web Release

time5 hours ago

  • Web Release

ECI highlights role of skilled professionals in driving national export growth, economic diversification and sustainability

Etihad Credit Insurance (ECI), the UAE Federal export credit company, underscored the importance of attracting top talent and skilled professionals to catalyse the growth of the national export sector, in support of fostering a highly diverse and sustainable economy. The organisation also highlighted the role of skilled and experienced individuals within the UAE's human resources ecosystem in nurturing creativity, while expanding the growth opportunities in export, re-export, and foreign non-oil trade sectors. Her Excellency Raja Al Mazrouei, CEO at ECI, said, 'The UAE is committed to implementing forward-thinking policies that prioritise human creativity and investment in human resources. In line with this vision, our wise leadership regularly invests in education and training initiatives to empower Emirati talents and offer various avenues for youth to develop their skills and knowledge. Moreover, the country has opened its doors to welcome foreign talents and create a competitive business environment equipped with a diverse range of expertise. At ECI, we strive to advance the goals of the UAE's ambitious national vision, which aims to nurture a diverse, sustainable and innovation-driven economy. In addition, we remain steadfast in our efforts to attract top Emirati talents and integrate outstanding professionals into our workforce to enhance the efficiency of our operations, solutions and support resources.' H.E Al Mazrouei added: 'The integration of experts from diverse domains into ECI's workforce, reflects our ability to attract and retain top national talents. We are fully confident that their expertise and skills will help us achieve ECI's strategic goals, consolidating our position as a leading player in the export insurance sector. Through these concerted efforts, we further reiterate our commitment to strengthening the UAE's workforce, in line with the nation's long-standing vision to build a dynamic and sustainable economy.' As part of its broader efforts to nurture national talent, ECI recently welcomed three distinguished Emirati professionals to its managerial team. Mohammed Jamal Tahlak was appointed as the Director of Corporate Support, Mohammad Sulaiman as the Head of GRC (Governance, Risk & Compliance), and Hamad Al Omran as the Head of Strategy & PMO. These important appointments reflect ECI's long-term Emiratisation strategy aimed at cultivating a robust workforce base encompassing specialised national talent, wherein Emiratis occupy approximately 71 per cent of all senior managerial positions.

Massive AI Surge: UAE's GenAI growth hits 344%, leading the region
Massive AI Surge: UAE's GenAI growth hits 344%, leading the region

Gulf Business

time6 hours ago

  • Gulf Business

Massive AI Surge: UAE's GenAI growth hits 344%, leading the region

Image credit: Getty Images The UAE has recorded a 344 per cent year-over-year increase in Generative AI (GenAI) enrollments, significantly outpacing the MENA regional average of 128 per cent and the global average of 195 per cent. The findings are based on the Global Skills Report 2025 from Coursera, a leading online learning platform with over 170 million users worldwide. Read- The report highlights the UAE's growing emphasis on future-ready talent, with 87 per cent of employers in the country prioritising technology literacy, AI, and big data skills. The country continues to lead the region in digital upskilling, with 13 per cent of the labor force actively engaging in online learning. Workforce transformation driven by AI Professional certificate enrollments rose by 41 per cent, including a 14 per cent increase in cybersecurity courses—demonstrating rising demand for job-relevant, tech-focused credentials. The report analyses skill trends and learner behavior across more than 100 countries. The sharp increase in GenAI enrollments reflects the UAE's broader strategy to cultivate a knowledge-based economy powered by Emirati talent, aligning with the national 'We the UAE 2031' vision. UAE ranks first in Arab world on AI Maturity Index A new feature in this year's study is the AI Maturity Index, which evaluates national readiness for AI by combining learner engagement data with indicators from the International Monetary Fund (IMF) and the OECD. The UAE ranks first in the Arab world and 32nd globally out of 109 countries. This ranking is supported by national initiatives such as the planned 5GW AI Campus and the integration of AI into public school curricula. These efforts align with the UAE's National Artificial Intelligence Strategy 2031, which aims to make AI a key contributor to over 20 per cent of the non-oil GDP by that year. 'The UAE is rapidly scaling AI learning and infrastructure to drive workforce transformation and regional innovation. Its strong performance on the AI Maturity Index, combined with high rankings in overall skills proficiency, demonstrates the country's growing ability to close skill gaps, nurture future talent, and lead in AI readiness,' Kais Zribi, General Manager for the Middle East and Africa at Coursera, said. Key challenges: Gender gap and skills shortage remain Despite the UAE's progress, challenges persist. The country ranks 38th globally in overall skills proficiency across business, technology, and data science, though it leads the Arab world. Notably, the UAE shows high proficiency in business skills (85 per cent), moderate strength in data science (59 per cent), and room for improvement in technology (52 per cent). Among the 10.8 million learners in the MENA region, 1.3 million are based in the UAE, with a median age of 36. Mobile learning continues to grow, with 41 per cent of users accessing content via mobile devices. However, 72 per cent of UAE employers still cite skills gaps as a major barrier—above the global average. Increasing women's participation in emerging tech fields remains critical. Women currently make up 32 per cent of online learners in the UAE, with just 24 per cent enrolled in STEM courses and 21 per cent in GenAI, highlighting a significant opportunity for more inclusive growth.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store