Home lists 100 Most Powerful Arabs 2023 Khalaf Al Habtoor Founding chairman, Al Habtoor Group Origin: UAE Residence: UAE Sector: Diversified Al Habtoor unveiled his conglomerate’s three new mega residential projects in Al Habtoor City, the Habtoor Grand Resort in JBR and Habtoor Tower in November 2022. The projects are being built at a total cost of Dhs9.5bn.AHG partnered with solar energy solutions provider SirajPower in March to deliver large-scale solar installations, with a combined capacity of 5.7MWp, across the group’s eight projects. As a result, under Al Habtoor’s astute entrepreneurial leadership, the group’s revenues surged by 19 per cent in H1 2022 from a year earlier, while its EBITDA jumped by 36 per cent. Al Habtoor is the chairman of the Dubai National Insurance and Reinsurance Company. He runs a conglomerate with businesses spanning the hotel, automotive, real estate and education sectors.