Latest news with #Alabbar
Mid East Info
30-04-2025
- Business
- Mid East Info
Emaar Launches Focused Mentorship 3.0 to Further Empower UAE Nationals and Cultivate Future Leaders - Middle East Business News and Information
New model offers mentees greater ownership of their development journey, deeper engagement and stronger connections Dubai, United Arab Emirates,April 2025: Following the successful conclusion of Mentorship 2.0, Emaar has announced the launch of its Focused Mentorship 3.0, reaffirming its commitment to nurturing Emirati talentand building a resilient, future-ready workforce. The initiative is part of Emaar's broader efforts to fosterprofessional growth and knowledge exchange, while building a strong leadership pipeline within the organisation. Inspired by the vision of Mr. Mohamed Alabbar, Founder of Emaar, to cultivate a supportive community among UAE Nationals, Emaar launched its Mentorship Programme in 2023. The initiative empowers Emirati employees by fostering an environment where they can guide, support, and inspire each other through a group mentoring concept. This programme reflects Mr. Alabbar's dedication to nurturing talent and giving back to the nation. The programme has evolved into Emaar Focused Mentorship 3.0 to reflect its dynamic new model, whichempowers mentees to choose mentors that align with their specific learning needs, career aspirations, or project requirements. In this model, mentors have been carefully selected based on specific skill sets that can help mentees build critical capabilities, enhanced business understanding ultimately, driving greater value for the organisation. This personalised approach enhances cross departmental collaboration and offers mentees more targeted guidance to accelerate their growth. Unlike traditional mentorships, this is a bold, unconventional, and truly distinctive initiative — a first-of-its-kind approach that sets a new benchmark in organisational development. It aims to deliver skill sets not only through classroom sessions but through a blended approach of immersions, fireside chats, learning labs, and on-the- job exposure, offering mentees a holistic and immersive learning experience. The inaugural Mentorship 1.0 cohort enrolled 66 UAE Nationals, with numbers doubling in the next edition — Mentorship 2.0 — which saw the active participation of 23 certified mentors and 133 mentees from diversedepartments and disciplines. The programme's design centres on building meaningful relationships based on trust, guidance, and mutual growth. 'At its core, our mentorship programme is about empowering individuals to reach their potential while cultivating a culture of continuous learning,' said Mr. Alabbar. 'The success of Mentorship 2.0 reflects the enthusiasm,dedication, and collaborative spirit of our people, and we are excited to build on that momentum with Focused Mentorship 3.0.' Mentors reported a deeply enriching experience as they engaged with talents across departments, elevatingtheir leadership capabilities while supporting the development of their peers. All mentors participating in the programme are certified through the John Maxwell leadership methodology, underscoring Emaar's commitment to world- class mentoring standards. Mentees equally expressed gratitude for the guidance and insight they received. One participant shared: 'My mentor played a crucial role in assisting me in identifying solutions to various challenges I encountered.' Notably, the programme's impact on career growth is already evident: 75% of UAE Nationals promoted inrecent months had participated in past mentorship cohorts — either as mentors or mentees. The programmealso received a satisfaction score of 4.4 out of 5, reflecting high levels of trust and engagement among participants. In collaboration with leading global companies, Emaar has continued to expand the programme's reach intotechnical skill development — ensuring mentees are equipped with future-ready capabilities. Focused Mentorship 3.0 will introduce enhanced tools, tailored development pathways, and increased inter-departmental collaboration. This cohort is set to get bigger and better, featuring new partnerships, fireside chats with industry leaders, immersive learning experiences, and social impact activities that further enrich the journey. With approximately 200 UAE Nationals expected to join, the programme will span six months, continuing to unlock new potential while supporting Emaar's vision of being an employer of choice for top local talent. About Emaar Properties: Emaar Properties PJSC, listed on the Dubai Financial Market, is a global property developer and provider of premium lifestyles, with a significant presence in the Middle East, North Africa, and Asia. One of the world's largest real estate companies, Emaar has a land bank of ~1.7 billion sq. ft. in the UAE and key international markets. With a proven track-record in delivery, Emaar has delivered over 118,400 residential units in Dubai and other global markets since 2002. Emaar has strong recurring revenue-generating assets with approx. 1.4 million sq. mtr. of leasing revenue-generating assets and 38 hotels and resorts with around 9,200 keys (includes owned as well as managed hotels). Today, 34 percent of Emaar's revenue is from its shopping malls, hospitality, leisure, entertainment, commercial leasing, and international businesses.
Zawya
30-04-2025
- Business
- Zawya
Emaar launches Focused Mentorship 3.0 to further empower UAE nationals and cultivate future leaders
Dubai, United Arab Emirates: Following the successful conclusion of Mentorship 2.0, Emaar has announced the launch of its Focused Mentorship 3.0, reaffirming its commitment to nurturing Emirati talentand building a resilient, future-ready workforce. The initiative is part of Emaar's broader efforts to fosterprofessional growth and knowledge exchange, while building a strong leadership pipeline within the organisation. Inspired by the vision of Mr. Mohamed Alabbar, Founder of Emaar, to cultivate a supportive community among UAE Nationals, Emaar launched its Mentorship Programme in 2023. The initiative empowers Emirati employees by fostering an environment where they can guide, support, and inspire each other through a group mentoring concept. This programme reflects Mr. Alabbar's dedication to nurturing talent and giving back to the nation. The programme has evolved into Emaar Focused Mentorship 3.0 to reflect its dynamic new model, whichempowers mentees to choose mentors that align with their specific learning needs, career aspirations, or project requirements. In this model, mentors have been carefully selected based on specific skill sets that can help mentees build critical capabilities, enhanced business understanding ultimately, driving greater value for the organisation. This personalised approach enhances cross departmental collaboration and offers mentees more targeted guidance to accelerate their growth. Unlike traditional mentorships, this is a bold, unconventional, and truly distinctive initiative — a first-of-its-kind approach that sets a new benchmark in organisational development. It aims to deliver skill sets not only through classroom sessions but through a blended approach of immersions, fireside chats, learning labs, and on-the- job exposure, offering mentees a holistic and immersive learning experience. The inaugural Mentorship 1.0 cohort enrolled 66 UAE Nationals, with numbers doubling in the next edition — Mentorship 2.0 — which saw the active participation of 23 certified mentors and 133 mentees from diversedepartments and disciplines. The programme's design centres on building meaningful relationships based on trust, guidance, and mutual growth. 'At its core, our mentorship programme is about empowering individuals to reach their potential while cultivating a culture of continuous learning,' said Mr. Alabbar. 'The success of Mentorship 2.0 reflects the enthusiasm,dedication, and collaborative spirit of our people, and we are excited to build on that momentum with Focused Mentorship 3.0.' Mentors reported a deeply enriching experience as they engaged with talents across departments, elevatingtheir leadership capabilities while supporting the development of their peers. All mentors participating in the programme are certified through the John Maxwell leadership methodology, underscoring Emaar's commitment to world- class mentoring standards. Mentees equally expressed gratitude for the guidance and insight they received. One participant shared: 'My mentor played a crucial role in assisting me in identifying solutions to various challenges I encountered.' Notably, the programme's impact on career growth is already evident: 75% of UAE Nationals promoted inrecent months had participated in past mentorship cohorts — either as mentors or mentees. The programmealso received a satisfaction score of 4.4 out of 5, reflecting high levels of trust and engagement among participants. In collaboration with leading global companies, Emaar has continued to expand the programme's reach intotechnical skill development — ensuring mentees are equipped with future-ready capabilities. Focused Mentorship 3.0 will introduce enhanced tools, tailored development pathways, and increased inter-departmental collaboration. This cohort is set to get bigger and better, featuring new partnerships, fireside chats with industry leaders, immersive learning experiences, and social impact activities that further enrich the journey. With approximately 200 UAE Nationals expected to join, the programme will span six months, continuing to unlock new potential while supporting Emaar's vision of being an employer of choice for top local talent. About Emaar Properties Emaar Properties PJSC, listed on the Dubai Financial Market, is a global property developer and provider of premium lifestyles, with a significant presence in the Middle East, North Africa, and Asia. One of the world's largest real estate companies, Emaar has a land bank of ~1.7 billion sq. ft. in the UAE and key international markets. With a proven track-record in delivery, Emaar has delivered over 118,400 residential units in Dubai and other global markets since 2002. Emaar has strong recurring revenue-generating assets with approx. 1.4 million sq. mtr. of leasing revenue-generating assets and 38 hotels and resorts with around 9,200 keys (includes owned as well as managed hotels). Today, 34 percent of Emaar's revenue is from its shopping malls, hospitality, leisure, entertainment, commercial leasing, and international businesses. Burj Khalifa, a global icon, Dubai Mall, the world's most-visited retail and lifestyle destination, and Dubai Fountain, the world's largest performing fountain, are among Emaar's trophy destinations. Follow Emaar on: Facebook: X: Instagram: For all media queries, please contact: PR@
Trade Arabia
28-04-2025
- Business
- Trade Arabia
Emaar launches Mentorship 3.0 to further empower UAE nationals
Emaar has launched its Focused Mentorship 3.0, reaffirming its commitment to nurturing Emirati talentand building a resilient, future- ready workforce. The initiative, which follows the successful conclusion of Mentorship 2.0, is part of Emaar's broader efforts to foster professional growth and knowledge exchange, while building a strong leadership pipeline within the organisation. Inspired by the vision of Mohamed Alabbar, Founder of Emaar, to cultivate a supportive community among UAE Nationals, Emaar launched its Mentorship Programme in 2023. The initiative empowers Emirati employees by fostering an environment where they can guide, support, and inspire each other through a group mentoring concept. This programme reflects Alabbar's dedication to nurturing talent and giving back to the nation. The programme has evolved into Emaar Focused Mentorship 3.0 to reflect its dynamic new model, whichempowers mentees to choose mentors that align with their specific learning needs, career aspirations, or project requirements. In this model, mentors have been carefully selected based on specific skill sets that can help mentees build critical capabilities, enhanced business understanding ultimately, driving greater value for the organisation. This personalised approach enhances cross-departmental collaboration and offers mentees more targeted guidance to accelerate their growth. Unlike traditional mentorships, this is a bold, unconventional, and truly distinctive initiative — a first-of-its-kind approach that sets a new benchmark in organisational development. It aims to deliver skill sets not only through classroom sessions but through a blended approach of immersions, fireside chats, learning labs, and on-the- job exposure, offering mentees a holistic and immersive learning experience. The inaugural Mentorship 1.0 cohort enrolled 66 UAE Nationals, with numbers doubling in the next edition — Mentorship 2.0 — which saw the active participation of 23 certified mentors and 133 mentees from diversedepartments and disciplines. The programme's design centres on building meaningful relationships based on trust, guidance, and mutual growth. 'At its core, our mentorship programme is about empowering individuals to reach their potential while cultivating a culture of continuous learning,' said Alabbar. 'The success of Mentorship 2.0 reflects the enthusiasm, dedication, and collaborative spirit of our people, and we are excited to build on that momentum with Focused Mentorship 3.0.' Mentors reported a deeply enriching experience as they engaged with talents across departments, elevatingtheir leadership capabilities while supporting the development of their peers. All mentors participating in the programme are certified through the John Maxwell leadership methodology, underscoring Emaar's commitment to world- class mentoring standards.
India.com
27-04-2025
- Business
- India.com
Meet the owner of Dubai's Burj Khalifa, world's tallest building, Not Sultan of UAE, Saudi billionaire, name is...
Meet the owner of Dubai's Burj Khalifa, world's tallest building, Not Sultan of UAE, Saudi billionaire, name is… Burj Khalifa Facts: Dubai's Burj Khalifa is the tallest building in the world and a marvellous example of engineering. The building represents Dubai and is a synonym for luxury and comfort. People who stay in hotels or buy apartments in Burj Khalifa pay a hefty price to feel the luxury. Lakhs of tourists visit Dubai just to take a glimpse of the world's tallest building. But do you know who the owner of the tallest skyscraper is? Well, it's not the king of Dubai, the Sultan of the United Arab Emirates (UAE), or some other Emirati royal. Who Owns Dubai's Burj Khalifa? The tallest building on the planet is developed by Emaar Properties, a famous Dubai-based real estate firm. The project took six years, from 2004 to 2010, to build one of the finest engineering marvels on Earth. In terms of ownership, the skyscraper is owned by Mohamed Alabbar, an Emirati businessman and real estate tycoon. Alabbar is the founder of Emaar Properties. Emaar Properties Emaar Properties, headed by Mohamed Alabbar, is responsible for prominent developments including the Dubai Mall, and is currently undertaking construction of the Dubai Creek Tower and Dubai Fountain. Alabbar also heads Eagle Hills, a private Abu Dhabi-based real estate and investment firm. It is noteworthy that, during his career Alabbar came close to Sheikh Mohammed bin Rashid Al Maktoum, the Ruler of Dubai. Later, Maktoum became one of Sheikh Mohammed's chief economic advisers. Alabbar worked with Sheikh Mohammed to boost the development work in Dubai, boosting its tourism industry and global reputation
Hi Dubai
27-03-2025
- Business
- Hi Dubai
Emaar Development Approves AED2.7 Billion Dividend Amid Strong Financial Growth
Emaar Development shareholders have approved a dividend distribution of AED2.7 billion (US$740 million), representing 68% of the company's share capital. The decision was announced at the company's Annual General Meeting (AGM), where the Board of Directors reviewed Emaar's robust financial performance for 2024 and outlined its future growth strategy. The AGM also saw the approval of the Board's report on the company's operations, the financial position, and the Auditor's report. Emaar Development reported an exceptional surge in property sales, reaching AED65.4 billion (US$17.8 billion) in 2024, a 75% increase compared to the previous year. The company's total revenue climbed to AED19.1 billion (US$5.2 billion), marking a 61% year-on-year growth. Additionally, net profit before tax rose by 20% to AED10.2 billion (US$2.8 billion). Mohamed Alabbar, Founder of Emaar, attributed this success to the company's commitment to excellence, innovation, and customer satisfaction. He emphasized that Emaar's developments go beyond real estate, focusing on community-building and enhancing Dubai's global appeal. 'Our 2024 results are a testament to our vision. By embracing technology and sustainability, we are shaping modern living and ensuring long-term value for our customers and stakeholders,' Alabbar stated. Emaar Development's remarkable financial growth and strategic direction position it as a key driver of Dubai's real estate sector, reinforcing the city's status as a global investment hub. News Source: Emirates News Agency
