Company Insights Al Habtoor Leisure & Hospitality Al Habtoor Overview The Al Habtoor Group began as a small engineering firm in 1970. It now operates in the hospitality, automotive, real estate, education and publishing sectors and has a presence in London, Vienna, Budapest, Beirut and the US. The group’s hospitality division, Habtoor Hospitality, oversees seven domestic hotels and seven international properties. The Dubai-based hotels include the Al Habtoor City Hotel Collection, Waldorf Astoria Dubai Palm Jumeirah, Metropolitan Hotel Dubai and the Al Habtoor Polo Resort. International properties include Al Habtoor Palace and the InterContinental in Budapest, Hilton London Wembley, Hotel Imperial Vienna and Metropolitan Palace Beirut. Al Habtoor Motors’ brand portfolio includes Mitsubishi, JAC and Chery as well as premium marques such as Bugatti and Bentley. The group’s real estate division includes a variety of commercial and residential properties from office space to luxury villas. Among these are the Al Habtoor Tower and The Residences, Al Habtoor Grand on Jumeirah Beach, which are currently under development. Al Habtoor News Real Estate Owner plans to cut up and remove five-star hotel from Beirut UAE billionaire Khalaf Al-Habtoor is considering hiring a Chinese company to deconstruct his five-star hotel in Beirut and move it to another country, following a decision in January to end all investment in Lebanon. Al-Habtoor is considering dividing the 185-room Metropolitan Palace Hotel into pieces and shipping the parts by sea out of Lebanon, possibly […] April 29, 2025 Media & Advertising Al Habtoor scraps Lebanon TV channel after physical threats Dubai’s Al Habtoor Group has cancelled plans to launch a TV channel from Lebanon after physical threats were made to the founder and staff. Chairman and founder Khalaf Ahmad Al Habtoor said that the “lack of necessary security stability for investment … has left us no choice but to step back from this initiative and […] June 12, 2024 Real Estate Meraas appoints main contractor for Jumeirah project China Railway 18th Bureau has been appointed main contractor for the latest residential project to be built in Dubai’s Port De La Mer. Developer Meraas Holding appointed the company for its Le Ciel project, in which three residential buildings will be built, consisting of eight floors with 178 properties, ranging from one to four bedrooms. […] August 25, 2023 Analysis Real Estate Dubai real estate still playing catch-up after pandemic Dubai’s real estate market is experiencing soaring demand but the supply shortfall from the Covid pandemic is still having an impact and is likely to remain for at least another two years, experts have said. Residential property prices in the emirate climbed at their fastest rate in almost a decade in the first half of […] July 19, 2023 Construction Al Habtoor forced to look overseas for contractor Billionaire Khalaf Al Habtoor had to look to China and India for a contractor for his latest Dubai development as experts say Saudi Arabia’s construction boom is impacting UAE projects. The founding chairman of the Al Habtoor Group (AHG) broke ground on the Habtoor Tower building earlier this month. AHG was previously involved in building […] May 16, 2023 Exclusive Construction Al Habtoor steers away from recession-hit Europe The founding chairman of property empire Al Habtoor Group has dismissed plans to invest in Western Europe, focusing instead on launching its latest multi-billion-dirham project in his Dubai home market. Khalaf Ahmad Al Habtoor’s company owns hotels in Budapest, Vienna, Beirut and London. He told Bloomberg in January he was looking to invest $3 billion […] May 12, 2023 Real Estate Al Habtoor Group to launch $2.6bn projects in Dubai Dubai-based Al Habtoor Group (AHG) will launch three residential projects in the emirate next year worth AED9.5 billion ($2.59 billion). Khalaf Ahmad Al Habtoor, founding chairman of AHG, said the new projects include residential towers, one of which, in Al Habtoor City, will be the “largest in the world in size and number of apartments” […] December 26, 2022 Posts navigation
Real Estate Owner plans to cut up and remove five-star hotel from Beirut UAE billionaire Khalaf Al-Habtoor is considering hiring a Chinese company to deconstruct his five-star hotel in Beirut and move it to another country, following a decision in January to end all investment in Lebanon. Al-Habtoor is considering dividing the 185-room Metropolitan Palace Hotel into pieces and shipping the parts by sea out of Lebanon, possibly […] April 29, 2025
Media & Advertising Al Habtoor scraps Lebanon TV channel after physical threats Dubai’s Al Habtoor Group has cancelled plans to launch a TV channel from Lebanon after physical threats were made to the founder and staff. Chairman and founder Khalaf Ahmad Al Habtoor said that the “lack of necessary security stability for investment … has left us no choice but to step back from this initiative and […] June 12, 2024
Real Estate Meraas appoints main contractor for Jumeirah project China Railway 18th Bureau has been appointed main contractor for the latest residential project to be built in Dubai’s Port De La Mer. Developer Meraas Holding appointed the company for its Le Ciel project, in which three residential buildings will be built, consisting of eight floors with 178 properties, ranging from one to four bedrooms. […] August 25, 2023
Analysis Real Estate Dubai real estate still playing catch-up after pandemic Dubai’s real estate market is experiencing soaring demand but the supply shortfall from the Covid pandemic is still having an impact and is likely to remain for at least another two years, experts have said. Residential property prices in the emirate climbed at their fastest rate in almost a decade in the first half of […] July 19, 2023
Construction Al Habtoor forced to look overseas for contractor Billionaire Khalaf Al Habtoor had to look to China and India for a contractor for his latest Dubai development as experts say Saudi Arabia’s construction boom is impacting UAE projects. The founding chairman of the Al Habtoor Group (AHG) broke ground on the Habtoor Tower building earlier this month. AHG was previously involved in building […] May 16, 2023
Exclusive Construction Al Habtoor steers away from recession-hit Europe The founding chairman of property empire Al Habtoor Group has dismissed plans to invest in Western Europe, focusing instead on launching its latest multi-billion-dirham project in his Dubai home market. Khalaf Ahmad Al Habtoor’s company owns hotels in Budapest, Vienna, Beirut and London. He told Bloomberg in January he was looking to invest $3 billion […] May 12, 2023
Real Estate Al Habtoor Group to launch $2.6bn projects in Dubai Dubai-based Al Habtoor Group (AHG) will launch three residential projects in the emirate next year worth AED9.5 billion ($2.59 billion). Khalaf Ahmad Al Habtoor, founding chairman of AHG, said the new projects include residential towers, one of which, in Al Habtoor City, will be the “largest in the world in size and number of apartments” […] December 26, 2022
