The UAE-based privately owned conglomerate Al Habtoor Group recorded 19 percent revenue growth in the first half of 2022 versus the same period 2021 and 36 percent increase in EBITDA.
Founded in 1970 by Khalaf Ahmad Al Habtoor, Al Habtoor Group is one of the UAE’s most successful businesses, proudly waving the Emirati flag in many cities around the globe, including London, Vienna, Budapest and Beirut.
Synonymous with dynamic growth, evidenced by its commitment to developing businesses in multiple sectors through its involvement in hotels, automotives, real estate, education, insurance and publishing.
Chairman Khalaf Ahmad Al Habtoor said: “This shows that we have the right strategy and positioning as a group and a country overall. With the ongoing turbulent market environment and geopolitical uncertainties, the United Arab Emirates is showing exceptional resilience due to the vision and policies set by its leadership and complemented by local businesses.”