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About Aldar

ALDAR

Aldar Properties PJSC, is the leading real estate developer in Abu Dhabi, and through its iconic developments, it is one of the most well known in the United Arab Emirates, and wider Middle East region.

From its beginnings in 2005 through to today, Aldar continues to shape and enhance the urban fabric of the UAE’s Capital City in addition to other key areas of the Emirate of Abu Dhabi.

Aldar develops exciting and innovative projects, such as the internationally recognized HQ building situated in the Al Raha Beach development, the Gate Towers in Shams Abu Dhabi on Al Reem Island, in addition to Yas Island’s F1 circuit.

Aldar’s shares are traded on the Abu Dhabi Securities Exchange and it is a profitable, cash generative business that provides recurring revenues, and benefits from a diverse and supportive shareholder base. Aldar operates according to high standards of corporate governance and is committed to operating a long term and sustainable business in order to provide ongoing value for its shareholders.

Aldar seeks to create quality, comfortable, desirable destinations that enrich the lives of Abu Dhabi residents as well as tourists within the Emirate. Aldar is playing a leading role in the development and provision of world class retail at Yas Mall and The Mall at the World Trade Centre, international standard education through Aldar Academies, iconic entertainment venues such as the Yas Marina Circuit, and community amenities across its entire portfolio.



VISION

Be the most trusted and recognised real estate lifestyle developer in Abu Dhabi and beyond.

​MISSION 

To maximise our stakeholder value by passionately creating and managing quality living spaces

​OUR VALUES

Team Spirit
We trust in each other and are passionate about delivering great results together.

Ambition
We continuously strive to better serve ourselves, our people, customers and stakeholders

Commitment
We are accountable and take responsibility for our actions and seeing the job through.

Diversity
We respect different opinions, people and cu​ltures.

History

Aldar was established in 2004 and listed on the Abu Dhabi Stock Exchange (ADX) in 2005.

Aldar is the master developer behind Yas Island and developed a majority of the key developments on the island including Ferrari World and Yas Marina circuit.  Aldar's key activities include property development and management, real estate asset management and adjacent businesses. 

In ​2013 Aldar merged with ADX listed real estate developer, Sorouh Real Estate PJSC ("Sorouh").  The merger consolidated the two key real estate players in Abu Dhabi, creating a more diversified asset base and stronger balance sheet. 

During the merger Aldar developed a clear and focused strategy and has worked hard to execute and deliver on its principals.  For more information on strategy see strategy section.  ​

H.E. Mohamed Khalifa Al Mubarak

H.E. Mohamed Khalifa Al Mubarak

Chairman

H.E. Mohamed Khalifa Al Mubarak is Chairman of Aldar Properties PSJC and prior to that, he was Chief Executive Officer and Chief Portfolio Management Officer at Aldar. H.E. Al Mubarak has been integral to the development of Aldar’s operational businesses as well as that of the fast-growing Sales & Leasing, Property & Asset Management and Facilities Management units within the organisation. Prior to joining Aldar, H.E. Al Mubarak worked with the corporate and investment bank Barclays Capital in London, focusing on investment and finance in the MENA region. H.E. Al Mubarak is a Member of the Executive Council of the Emirate of Abu Dhabi. H.E. Al Mubarak is the Chairman of the Department of Culture & Tourism of Abu Dhabi as well as the Chairman of Tourism Development & Investment Company, Miral Properties Assets Management L.L.C, Image Nation Company & Aldar Academies LLC. In addition to that, H.E. Al Mubarak is a Board member of Etihad Airways Group, Al Qattara Investment Company, Media Zone Authority and Al Jazeera Investment & Real Estate Development Co. H.E. Al Mubarak is a holds Dual specialisation in economics and political science from North Eastern University, USA.

Waleed Ahmed Almokarrab Al Muhairi

Waleed Ahmed Almokarrab Al Muhairi

Vice Chairman

Mr. Waleed Al Muhairi is the Deputy Group CEO of Mubadala Investment Company. As Deputy Group CEO, Waleed Al Mokarrab Al Muhairi has strategic oversight of the company’s broad investment portfolio and special projects at the group level while ensuring that the company’s four platforms are coordinating efficiently. He is also Chief Executive Officer of the Alternative Investments & Infrastructure platform and leads Mubadala’s healthcare, real estate & infrastructure, and capital investment portfolios. Waleed is a member of Mubadala’s Investment Committee, which is mandated to develop the company’s investment policies, establish investment guidelines and review all proposed projects and investments to ensure they are in line with business objectives. He currently serves as Chairman of Cleveland Clinic Abu Dhabi and is a Member of the Board of Trustees of Cleveland Clinic in the United States. He is also the Vice Chairman of Aldar Properties and a board member of Abu Dhabi Global Market, Emirates Investment Authority, Mubadala Petroleum, Abu Dhabi Future Energy Company (Masdar), and InvestCorp Bank, Bahrain. Waleed was one of the principal architects behind the Abu Dhabi 2030 Economic Vision. Prior to joining Mubadala, Waleed worked with the UAE Offsets Program Bureau as a Senior Project Manager. Past roles also include working with McKinsey & Company as a commercial and governmental consultant. Waleed holds a Master’s Degree in Public Policy from Harvard University, USA, and a Bachelor of Science Degree in Foreign Service from Georgetown University, USA.

Mariam Saeed Ahmed Saeed Ghobash

Mariam Saeed Ahmed Saeed Ghobash

Board Member

Ms. Mariam Ghobash is Director in the Global Special Situations Department at the Abu Dhabi Investment Council. Prior to joining the Council, she worked as an investment professional in HSBC Middle East whereby she was a member of the private equity team. Ms. Ghobash currently serves as a member of the Board of Directors of Emirates Telecommunications Group Co “Etisalat”, Emirates Development Bank and is Vice Chairman of Invest AD. Previously, she has also served on the boards of National Bank of Abu Dhabi, Al Hilal Bank and National Takaful Co. “Watania”. Ms. Ghobash holds a Bachelor of Science in Economics from The Wharton School, University of Pennsylvania in the United States of America. She has also successfully completed the General Management Program at Harvard Business School.

Mr. Mansour Mohamed Al Mulla

Mr. Mansour Mohamed Al Mulla

Board member

Mansour is the CFO for the Petroleum & Petrochemicals Platform in Mubadala Investment Company (Mubadala). His prime responsibilities revolve around advising and appraising the CEO and Senior Executives of the Platform on all financial matters pertaining to platform’s assets, which include investments in prime global companies such as CEPSA, Borealis, Nova Chemicals, Mubadala Petroleum and OMV, with assets under management of circa $40bn. Throughout his career with Mubadala, Mansour has played an instrumental role in negotiating and closing numerous award-winning financing transactions. He led the team in closing the $1.3 billion Dolphin 21' project bonds in February 2012. He also led the efforts on closing and funding the multi-tranche $4.1 billion debt financing for the Dolphin Project in July 2009. Both deals won numerous awards by leading publications in the Project Finance field. Mansour also supported a number of other transactions, including the leveraged buyout debt financing for the acquisition of Zurich based Maintenance, Repair and Overhaul operator SR Technics and financing Mubadala’s stake in the Dutch fleet management company LeasePlan Corporation. The latter has been exited with a profit. Additionally, Mansour has advised and supported a number of Mubadala related assets on raising standalone debt financing as well as other strategic initiatives. Mansour serves as a board member of Aldar Properties PJSC, Anglo Arabian Healthcare Investments FZ LLC and Gulf Energy Maritime PJSC. Over the last 10 years, Mansour served on the Boards of Waha Capital PJSC, Dunia Finance LLC, Abu Dhabi Finance PJSC and Abu Dhabi Terminals PJSC. Prior to joining Mubadala in 2004, Mansour spent three years with the UAE Offsets Group. He was exposed to a number of sectors including aerospace, real-estate, infrastructure, healthcare, finance and oil & gas. Mansour holds a Bachelor of Science in Business Administration (Information Systems) from Portland State University, Portland, Oregon, USA.

Martin Lee Edelman

Martin Lee Edelman

Board member

Mr. Edelman is on the Board of Blackstone Mortgage Trust, AMD and Equity Commonwealth Trust. Mr. Edelman concentrates his practice on large complex international real estate developments, corporate mergers and acquisitions transactions. He is an advisor to Grove Real Estate Partners, The Related Companies and Mubadala, the strategic investment arm of the Government of Abu Dhabi. He is also on the boards of the Jackie Robinson Foundation, The Intrepid Fallen Heroes Fund, the Fisher House Foundation and Tribeca Film Institute and Festival. Mr. Edelman holds a BA in Politics from Princeton University and SJD in Law from Columbia University, USA.

Ali Saeed Abdulla Sulayem Al Falasi

Ali Saeed Abdulla Sulayem Al Falasi

Board member

Mr. Al Falasi has extensive experience in the real estate sector and has been Chief Executive Officer of Hydra Properties since 2009. He is also a member of the Board of Directors of Risco LLC and a Member of the Audit Committee of the Royal Group. Mr. Al Falasi worked as under-secretary of the operations department of the Private Department of Sheikh Zayed Bin Sultan Al Nahyan. He supervised all the operations department’s activities in that capacity. Mr. Al Falasi joined Royal Group after his term at the Private Department and took on the role of director of the internal audit of the Group. He is a Board member of Sorouh Real Estate PJSC and The International Commercial Bank, as well as large other numbers of companies in the industrial, real estate, finance and trading fields. He was also the Chairman of Al Rayan Investment Company. Mr. Al Falasi holds a Master’s degree in business administration from University of Sharjah, UAE, a Bachelor’s Degree in Science - Production and Operations Management from California State University, USA and Bachelor’s degree in accounting from UAE University.

Hamad Salem Mohamed Al Ameri

Hamad Salem Mohamed Al Ameri

Board member

Eng. Hamad Salem Al Ameri brings significant experience from the construction industry as well as in the fields of business growth and management. Eng. Al Ameri joined the Aldar Properties Board of Directors in November 2015 adding to a portfolio of appointments which among others includes his role as Vice Chairman of the Board and Managing Director of Trojan Holding. In this role he leads the growth strategy of both the holding company and its subsidiaries, which has resulted in the Company expanding from a small base to a team of over 25,000 employees. In addition to his role at Aldar and Trojan Holding, Eng. Al Ameri is the Chief International Investment Counsel at the Royal Group and a Board Member of International Holding Company PJSC, Mina Holding Company LLC, Tamouh Investments Company LLC, Royal Development Company LLC, Eltizam Asset Management Group LLC, Al Reem Building Materials Co. LLC, Al-Jazeera Technical Solutions Investment Co. LLC and Hydra Properties LLC. Eng. Al Ameri is a graduate in Civil Engineering from the American University in Dubai, UAE, and also holds a Master’s in Business Administration from the Canadian University, UAE.

Talal Al Dhiyebi

Talal Al Dhiyebi

Chief Executive Officer

Talal is the Chief Executive Officer at Aldar having previously held the position of Chief Development Officer and Executive Director of Asset Management since the merger with Sorouh in 2013. He held several senior positions at Aldar and currently serves on the boards of several companies including Abu Dhabi Motorsports Management, Al Jazira Capital, Aldar Academies, Aldar Etihad Investment Properties and Aldar Hotels & Hospitality. Talal is a graduate of Electrical Engineering (Honors) from the University of Melbourne, Australia.

Fahad Al Ketbi

Fahad Al Ketbi

Deputy CEO

Fahed Al Ketbi is the Deputy CEO of Aldar Properties PJSC. Previously, Mr. Al Ketbi served as the Chief Commercial Officer at Sorouh Real Estate PJSC.

Prior to joining Sorouh, Mr Al Ketbi was a commissioned officer in the UAE Military Forces, rising to the position of Colonel and Director of the Corps of Engineers.

Mr Al Ketbi holds a Masters of Science from the National Defense University, Washington, DC with a major in strategy and a Bachelor of Science in Civil Engineering from the University of Hartford, Connecticut, USA.

Greg Fewer

Greg Fewer

Chief Financial Officer

Greg Fewer is the Chief Financial Officer of Aldar Properties PJSC. Mr. Fewer is responsible for the overall financial leadership of Aldar including the oversight of group financial strategy, financial reporting, and corporate finance.

Prior to his roles at Aldar, Mr. Fewer was Deputy Head of Structured Finance & Capital Markets at Mubadala where he was jointly responsible for Mubadala's overall debt raising activities and overseeing Mubadala's investment program in the commercial finance market.

He holds a BComm (Hons) from the University of Manitoba and an MBA from London Business School.

Jassem Saleh Busaibe

Jassem Saleh Busaibe

Chief Investment Officer

Mr. Busaibe has over 15 years of experience in the fields of finance and investment, having held a number of high profile roles at several private and public companies in Abu Dhabi. He was most recently the CFO of SENAAT and prior to that served as CEO of Arady Properties, an investment company focused on the private equity and real estate sectors in the GCC, and was formerly Senior Vice President of Private Equities at Invest AD - the Abu Dhabi Investment Company. Prior to that, he spent seven years at the Abu Dhabi Investment Authority (ADIA), where he worked as a Portfolio Manager focusing on European Equities. Mr. Busaibe is a CFA Charter holder and holds a M.Sc. in Finance from London Business School, UK.

Brett Scrymgeour

Brett Scrymgeour

General Counsel and Company Secretary

Brett Scrymgeour is General Counsel and Company Secretary at Aldar Properties, positions he has held since 2012. In this role he facilitates all business activities of the Company, ensuring that they proceed in compliance with the local regulatory environment. A key aspect of his role is as an advisor to the Board of Directors, Senior Management and their respective teams with regards to strategic legal and regulatory issues. A commercially focused lawyer, Brett has played a key leadership role in many of the Company’s most important corporate activities and transactions. Prior to joining Aldar, Brett was Senior Legal Counsel at Mubadala Development Company, having spent the first decade of his career in Law Firms in both his native Australia and the UK, namely; Macrossans Lawyers, Hickey Lawyers, Mallesons Stephen Jaques, and Clifford Chance. Brett holds a Bachelor of Arts, and a Bachelor of Laws, both from Queensland University of Technology, and was admitted as a Solicitor of the Supreme Court of Queensland in 2002, and as a Solicitor of the Supreme Court of England and Wales in 2008.

Bayan Hassan Al Hosani

Bayan Hassan Al Hosani

People And Performance Director

An accomplished and results oriented HR professional with over 20 years of experience in the private and government sectors. Bayan has extensive knowledge and experience in Strategic and Operational HR Management with expertise in Change Management - Leading organizational change and Organizational development, Talent Acquisition, Performance Management, Talent Transformation, Employee Relations, Budget forecasting and Compensation and Benefits. Bayan is a CIPD Professional, helping the company to achieve its business objectives and improve corporate performance. She is an innovative, motivational leader with a strong record of team building. Her abilities lie in strengthening the link between people and strategy, as well as manage, motivate and retain talent, and continue to develop HR services and the administrative infrastructure necessary to support the long term success of the organization. Bayan is a Graduate of Business Administration from the Higher Colleges of Technology. She is also a member of the Board of Directors of ALDAR Academies.

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