Latest news with #AlFardanGroup


Al Bawaba
13-04-2025
- Business
- Al Bawaba
All you need to know about Al Fardan Group chairman who passed away at 94
Published April 12th, 2025 - 08:59 GMT ALBAWABA - Haj Hasan Ibrahim Al Fardan, honorary Chairman of Al Fardan Group, passed away on at 94 years old. Also Read Former Twitter CEO Jack Dorsey suspended on X Haj Hasan Ibrahim Al Fardan passes away at 94 years old Haj Hasan Ibrahim Al Fardan, the honorary Chairman of Al Fardan Group and business leader, passed away at 94 years old on Thursday. Hasan Fardan Al Fardan, CEO of Al Fardan Exchange, stated: '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. 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. To me, he was far more than a grandfather. He was my guiding light, my role model, and the steady foundation of our family." In 1971, Al Fardan established Al Fardan Exchange Company. (Al Fardan Group) Notably, the latest Al Fardan was one of the major pearl merchants in the Middle East, he played a vital role in preserving the UAE's culture and heritage. In 1971, Al Fardan established Al Fardan Exchange Company. Al Fardan was known for his wisdom, humility, compassion, excellence, and integrity. Through his leadership, the Fardan Group, one of the leading family-owned companies in the region for more than 65 years, developed into a diversified and successful business company. Also Read A list of the goods most affected by the current tariff war © 2000 - 2025 Al Bawaba (


Gulf Insider
12-04-2025
- Business
- Gulf Insider
UAE: Veteran Emirati Business Leader Haj Hasan Ibrahim Al Fardan Passes Away at 94
One of the oldest Emirati business leaders and a veteran pearl merchant in the region, Haj Hasan Ibrahim Al Fardan has passed away at the age of 94. The passing of the Honorary Chairman of Al Fardan Group was announced by his grandson Hasan Fardan Al Fardan, CEO of Al Fardan Exchange LLC, on LinkedIn while the Group also shared the news on social media. '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,' the grandson wrote in his post 'in loving memory' of his grandfather. '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. To me, he was far more than a grandfather. He was my guiding light, my role model, and the steady foundation of our family,' he said. Love for the UAE Hasan Fardan said his grandfather's 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.' For him, the veteran Emirati'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 grandson's tributes continued as he said the lessons instilled by his grandfather continued to shape the way he works, leads, and lives and his blessings are the light that guided him 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. Mourning period announced Meanwhile, Al Fardan Group posted that the group will observe a three-day mourning period in the honour of its 'visionary leader and the last great pearl merchant of the region.' The Group said he was revered for his wisdom, humility, compassion, and unwavering commitment to excellence and integrity, values that continue to guide them today. 'Under his remarkable leadership, Al Fardan Group transformed from its origins in pearl trading into a diversified business conglomerate. His foresight and dedication laid strong foundations for the UAE's business community and inspired generations of Emirati entrepreneurs.' The group added that its founder 'will forever be remembered as a remarkable leader and his legacy will remain etched in our hearts.'


Khaleej Times
12-04-2025
- Business
- Khaleej Times
UAE: ‘Guiding light, role model' Hasan Ibrahim Al Fardan passes away
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.

Associated Press
17-03-2025
- Business
- Associated Press
Al Fardan Exchange welcomes Indian Cricket Icon KL Rahul for an exclusive Iftar, celebrating culture and community in the UAE
Trescon is a pioneering force in the global business events and services sector, driving the adoption of emerging technologies while promoting sustainability and inclusive leadership. we strive to deliver innovative and high-quality business platforms for our clients. Dubai, United Arab Emirates, March 17, 2025 -- Hasan Fardan Al Fardan, CEO of Al Fardan Exchange, personally hosted KL Rahul at an exclusive Iftar, celebrating the traditions that make Ramadan in the UAE a truly special occasion. The evening reinforced values of togetherness and mutual respect, bringing people from the two nations closer through shared cultural connections. With Indians making up 37.97% of the UAE's population, Al Fardan Exchange takes pride in serving and connecting with the community. As part of its commitment to fostering strong relationships, Al Fardan Exchange offered 10 lucky winners a once-in-a-lifetime opportunity to meet KL Rahul, bringing cricket fans closer to the sport they love. In addition to the exclusive meet-and-greet, fans and customers also had the opportunity to see KL Rahul live at Al Fardan Exchange's Crown Mall branch in Jebel Ali, further strengthening the bond between the cricket star and the Indian community in the UAE. Expressing his gratitude for the warm reception, KL Rahul highlighted the importance of cultural exchange and the shared values of hospitality and unity between the UAE and India. He also recognised the immense contributions of the Indian community in the UAE, acknowledging their hard work, dedication, and sacrifices to support their families back home. Events like these not only celebrate cricket but also reinforce the deep-rooted connection between the two countries. As a home-grown Emirati Business, Al Fardan Exchange continues its efforts to bridge cultures and connect with the passions of its diverse clientele, solidifying its role as a trusted financial partner and a champion of community-driven initiatives. About Al Fardan Exchange Al Fardan Exchange is a member of the Al Fardan Group, which has roots stretching back to 1954. Emerging from a seafaring and pearl trading tradition to commercial trade, the Al Fardan name is built on a solid bedrock of security and reliability. Leveraging on the Group's diversified business interests and successful operations in real estate, high-end jewellery and financial services, Al Fardan Exchange holds global reach with trust and credibility as its main ethics. Established in 1971, Al Fardan Exchange has had the unique opportunity of playing a part in supporting communities who have helped build this nation by helping them bring life to their dreams – both here and in their home countries. Today, Al Fardan Exchange is incredibly proud to serve the UAE's cosmopolitan community through its omni-channel presence, providing financial services via the AlfaPay App and a strong network of over 90 branches across the Emirates. Reinforced by strong relationships with over 150 global corresponding banks, financial institutions, and other financial service providers, Al Fardan Exchange offers secure transactions that firmly place reliability and trust at the forefront. Committed to innovation, Al Fardan Exchange is embracing digital transformation to enhance operational efficiencies and expand revenue streams. This strategic focus includes integrating artificial intelligence and digital solutions to deliver customer-centric solutions, aligning with the UAE government's vision for innovation and inclusion. Notably, the company has become the founding partner for the Dubai AI Festival, underscoring its leadership in AI integration within the financial sector. Al Fardan Exchange's mission is to redefine global money transfer and payment services by leveraging cutting-edge technology, a robust branch network, and superior customer service. The company upholds values of integrity, innovation, commitment, collaboration, and connectivity (financial inclusion). To learn more about Al Fardan Exchange, visit Email: Send Email Organization: al fardan exchange


Mid East Info
12-03-2025
- Business
- Mid East Info
Al Fardan Exchange welcomes Indian Cricket Icon KL Rahul for an exclusive Iftar, celebrating culture and community in the UAE
Dubai, UAE, Tuesday, 11 th March 2025 – Hasan Fardan Al Fardan, CEO of Al Fardan Exchange, personally hosted KL Rahul at an exclusive Iftar, celebrating the traditions that make Ramadan in the UAE a truly special occasion. The evening reinforced values of togetherness and mutual respect, bringing people from the two nations closer through shared cultural connections. With Indians making up 37.97% of the UAE's population, Al Fardan Exchange takes pride in serving and connecting with the community. As part of its commitment to fostering strong relationships, Al Fardan Exchange offered 10 lucky winners a once-in-a-lifetime opportunity to meet KL Rahul, bringing cricket fans closer to the sport they love. In addition to the exclusive meet-and-greet, fans and customers also had the opportunity to see KL Rahul live at Al Fardan Exchange's Crown Mall branch in Jebel Ali, further strengthening the bond between the cricket star and the Indian community in the UAE. Expressing his gratitude for the warm reception, KL Rahul highlighted the importance of cultural exchange and the shared values of hospitality and unity between the UAE and India. He also recognised the immense contributions of the Indian community in the UAE, acknowledging their hard work, dedication, and sacrifices to support their families back home. Events like these not only celebrate cricket but also reinforce the deep-rooted connection between the two countries. As a home-grown Emirati Business, Al Fardan Exchange continues its efforts to bridge cultures and connect with the passions of its diverse clientele, solidifying its role as a trusted financial partner and a champion of community-driven initiatives. About Al Fardan Exchange Al Fardan Exchange is a member of the Al Fardan Group, which has roots stretching back to 1954. Emerging from a seafaring and pearl trading tradition to commercial trade, the Al Fardan name is built on a solid bedrock of security and reliability. L everaging on the Group's diversified business interests and successful operations in real estate, high-end jewellery and financial services, Al Fardan Exchange holds global reach with trust and credibility as its main ethics. Established in 1971, Al Fardan Exchange has had the unique opportunity of playing a part in supporting communities who have helped build this nation by helping them bring life to their dreams – both here and in their home countries. Today, Al Fardan Exchange is incredibly proud to serve the UAE's cosmopolitan community through its omni-channel presence, providing financial services via the AlfaPay App and a strong network of over 90 branches across the Emirates. Reinforced by strong relationships with over 150 global corresponding banks, financial institutions, and other financial service providers, Al Fardan Exchange offers secure transactions that firmly place reliability and trust at the forefront. Committed to innovation, Al Fardan Exchange is embracing digital transformation to enhance operational efficiencies and expand revenue streams. This strategic focus includes integrating artificial intelligence and digital solutions to deliver customer-centric solutions, aligning with the UAE government's vision for innovation and inclusion. Notably, the company has become the founding partner for the Dubai AI Festival, underscoring its leadership in AI integration within the financial sector. Al Fardan Exchange's mission is to redefine global money transfer and payment services by leveraging cutting-edge technology, a robust branch network, and superior customer service. The company upholds values of integrity, innovation, commitment, collaboration, and connectivity (financial inclusion). To learn more about Al Fardan Exchange, visit