Knowledge (XXG)

Hasan Abdullah Ismaik

Source 📝

352:. The project, one of the biggest in the region, aimed to provide housing for lower income individuals. In June 2013, the board of directors of Depa Limited, one of the world's leading interior contracting companies, appointed Ismaik as its new chairman. His appointment followed a strong performance by the company across its diverse and robust project catalogue in the first quarter of the year, when the company's revenue increased by 18 percent to AED446 million. 430:
At the end of the 2016–17 season, TSV 1860 Munich were relegated to the third tier of German football following a play-off defeat against Jahn Regensburg. Unable to resolve his differences with club officials regarding his control of the club, Ismaik refused to provide the approximately ten million
176:
He pushed plans to diversify his investment portfolio and explored new investment and asset acquisition opportunities in industries as diverse as energy, real estate, construction, transportation, retail and architectural design services. In 2006, Ismaik founded HAMG Group, an Abu Dhabi-based group
315:
Holdings embarked on a new strategy toward incremental growth. He spearheaded the overhauling of the construction company's business, driving growth by targeting new sectors. This led to the consolidation and consequent strengthening of the firm's operations, via acquisitions, joint ventures and
136:
that Hasan Ismaik, will be appointed to the board of Arabtec again, however "the rumours over the appointment of Mr Hasan Ismaik as chairman or member of the board of directors of Arabtec are false and are not based on any true facts or events," Arabtec said in a bourse filing.
403:
club, Ismaik claimed that his aim was to safeguard the survival of the club that was one of the founding members of the German national Bundesliga. Due to DFL regulations, Ismaik only has 49 percent of the voting rights; the additional shares are without voting rights.
168:, with a specific interest in the oil and gas sectors. Following the introduction of the freehold property law that sparked the real estate boom in Dubai, he transferred his business focus to the UAE market where he continued to gain commercial achievements. 232:. Established in 1973, Al Manara International Jewellery was acquired by HAMG in partnership with Ahmed Seddiqi & Sons. It boasts the largest portfolio of finest Swiss watch and jewellery brands across a network of fourteen luxury boutiques in 411:
TSV 1860 has a great tradition and identity that ought to be preserved and supported. The club has enormous potential and a truly great and passionate fan base. I will do everything to bring TSV 1860 back into the profit
367:, the acquisition was tasked with supporting the Jordanian economy through promoting investments and providing job opportunities for the Jordanian workforce, in line with the vision and directives of His Majesty 93:
of Hasan Abdullah Mohammed Group (HAMG Group), a UAE-based group of investment companies founded by Ismaik in 2006. He owns Marya Development & Real Estate Investment LLC, a private investment company in the
113:
had risen steadily over one year, increasing from about 40 fils in August 2013 to a high of 71 fils in June 2013 that was the day before he resigned from his position as the chairman of Depa, leaving the
194:
A UAE-based private investment company that has interest in a wide range of industries spanning real estate, healthcare, education and general investments. Its flagship projects include Shams One in
307:
Constructions. In June 2014, Ismaik became the single largest investor in Arabtec Holdings after increasing his personal shareholding in the company to 28.84 percent, putting his net worth at AED 8
177:
of investment companies. In addition to HAMG, Ismaik has commercial interest in a wide range of industries including real estate, retail, and architectural design services, among others, across the
424:
The acquisition was followed by a long and controversial discussion about Ismaik's goals and intentions regarding this investment, which is still ongoing (Status as of December 2016).
721: 507: 431:
euros necessary for a 3.Liga playing license and the club was subsequently automatically relegated even further to the regional fourth tier. Ismaik remains in control.
278:, a German sports club owned by the UAE-based private investment company HAMG. The club was established on 17 May 1860 following a merger with a number of local clubs. 476: 582: 240:. Having built a reputation as one of Abu Dhabi's premier retailers of luxury watches and jewellery, Al Manara operates a broad range of renowned brands including 363:-based real estate firm founded in 2008. He acquired 37 percent of the company's capital in August 2015. Deemed one of the largest investments in the Jordanian 98:
with a diversified investment portfolio that includes projects worth US$ 4 billion. He is the Chairman of Al-Ashmal Real-Estate Investment Co. in
446:
Ismaik was awarded first place in Construction Week's Power 100 in 2013. The list features individuals who influence and guide the GCC's construction
606: 427:
Since the acquisition of the shares, neither the financial situation nor the sporting success of TSV 1860 Munich have improved significantly.
555: 453:
In 2014, MEED business intelligence magazine listed him as one of the 12 most influential personalities on the Middle East economic scene.
718: 669: 706: 379:
include the Al-Haytham commercial complex, Masaken Academy, in addition to land ownership in various regions throughout the kingdom.
753: 748: 125:
without a chairman. However, the company drastically scaled back its plans after Mr Ismaik abruptly resigned, sending shares into a
683: 539: 333: 491: 642: 443:
Magazine listed Ismaik as the first Jordanian billionaire and the third-youngest billionaire in the Middle East in 2014.
594: 359:
Ismaik is the Chairman of publicly listed Masaken for Land and Industrial Development Projects (Masaken Capital), an
150: 102:; and Chairman of publicly listed Masaken for Land and Industrial Development Projects (Masaken Capital). In 2014, 212:
A UAE-based design consultancy for interior design, architecture, transport and product design, landscape design,
106:
Magazine listed Ismaik as the first Jordanian billionaire and the third-youngest billionaire in the Middle East.
743: 213: 630: 618: 222:
First Capital is a general investment company based out of Dubai International Financial Center "DIFC".
758: 447: 400: 229: 178: 165: 95: 387:
In June 2011, Ismaik bought 60 percent, an investment of €18 million ($ 25.8 million) of
329: 257: 518: 320:, energy and infrastructure sectors in the Middle East and North Africa. During his tenure at 417: 368: 725: 543: 495: 388: 275: 249: 82: 654: 536: 292: 241: 737: 364: 203: 202:; the latter comprises four central landmark towers overlooking the marina and the 195: 161: 488: 340:
to undertake heavy civil infrastructure work in the Middle East and North Africa.
337: 325: 317: 291:
Holdings, the largest construction company in the GCC, which had a total market
90: 110: 265: 233: 684:"Beispiellose Attacke gegen 1860: Löwen-Investor holt zum Rundumschlag aus" 72:
Jordanian billionaire and the third-youngest billionaire in the Middle East
228:
Successfully Exited, one of the retailers of watches and jewellery in the
126: 570:. Al Manara International Jewellery Website. Retrieved on 17 April 2016. 609:. The National Newspaper (4 November 2013). Retrieved on 17 April 2016. 567: 345: 321: 312: 308: 304: 300: 296: 288: 282: 245: 122: 709:. Construction Week Online (29 June 2013). Retrieved on 17 April 2016. 216:, lighting design, MEP service design, brand development and graphics. 440: 392: 376: 261: 237: 157: 146: 129:
and leaving question marks hanging over non-core business of Ismaik.
115: 103: 99: 45: 585:. The National Newspaper(5 June 2014). Retrieved on 17 April 2016. 583:
Arabtec shares rise as chief overtakes Aabar as largest shareholder
360: 349: 199: 133: 118: 719:
Mohammed Bin Rashid among most influential economic personalities
619:
UAE's Arabtec agrees $ 40 billion housing project with Egypt army
558:. Emirates 247 Newspaper(2 May 2012). Retrieved on 17 April 2016. 607:
Arabtec to form joint venture with GS Engineering of South Korea
396: 253: 672:. Arabian Business (12 June 2011). Retrieved on 17 April 2016. 344:
He signed an MOU with the Egyptian armed forces to build one
728:. HAMG Website (9 January 2014). Retrieved on 17 April 2016. 477:
Arabtec CEO Hasan Ismaik Becomes First Jordanian Billionaire
299:
at that time. He served as the managing director and CEO of
206:, along with a range of residential and serviced apartments. 156:
Ismaik launched his career as a real estate entrepreneur in
645:. Reuters (13 September 2015). Retrieved on 17 April 2016. 633:. Depa Website (2 June 2013). Retrieved on 17 April 2016. 597:. Meed Magazine (6 May 2013). Retrieved on 17 April 2016. 149:
in 1977 and holds a BA in Business Administration from
657:. Masaken Capital Website. Retrieved on 17 April 2016. 643:
Masaken Capital eyes secondary Gulf listing -chairman
621:. Reuters (9 March 2014). Retrieved on 17 April 2016. 109:
Ismaik had his name in the media when the shares in
479:. Forbes (2 June 2104). Retrieved on 17 April 2016. 68: 60: 52: 28: 21: 336:, one of the largest multi-faceted companies in 631:Depa appoints Hasan Abdullah Ismaik as Chairman 409: 670:Mideast money saves Germany's TSV 1860 Munchen 395:that plays in the 3. Liga. Becoming the first 311:in shares at that time. Under his leadership, 665: 663: 187:includes the following subsidiary companies: 8: 556:Ahmed Seddiqi, HAMG buy Al Manara Jewellery 546:. HAMG Website. Retrieved on 17 April 2016. 498:. HAMG Website. Retrieved on 17 April 2016. 18: 210:Studio International Interior Design LLC: 132:Furthermore, in March 2016 thereby were 383:Acquisition of shares of TSV 1860 Munich 287:In 2013, Ismaik was appointed as CEO of 578: 576: 532: 530: 528: 526: 462: 64:Writer, entrepreneur and philanthropist 472: 470: 468: 466: 332:, and signed a similar agreement with 407:Ismaik commented on the acquisition: 324:, Ismaik formed a joint venture with 7: 220:First Capital Group Holding Limited: 86: 226:Al Manara International Jewellery: 14: 707:Arabtec chief tops CW's Power 100 375:The company's key investments in 334:GS Engineering & Construction 89:) is a Jordanian businessman and 391:, a German sports club based in 316:strategic alliances across oil, 274:Ismaik bought 60 percent of the 509:The National (August 26, 2014). 399:to acquire shares of a German 1: 682:Nachrichtenfernsehen, n-tv. 181:, GCC and the Middle East. 151:Al-Mustansiriyah University 775: 520:Reuters (Mon Mar 7, 2016). 303:Holdings and Chairman of 754:Jordanian businesspeople 749:Leaders of organizations 141:Early life and education 435:Awards and recognitions 422: 214:structural engineering 198:and MARYA Down Town – 595:Hasan Abdullah Ismaik 79:Hasan Abdullah Ismaik 23:Hasan Abdullah Ismaik 16:Jordanian businessman 230:United Arab Emirates 179:United Arab Emirates 166:United Arab Emirates 96:United Arab Emirates 330:Samsung Engineering 295:of nearly US$ 6.82 258:Baume & Mercier 145:Ismaik was born in 724:2016-04-17 at the 542:2016-04-22 at the 494:2016-04-26 at the 489:Chairman's Message 192:Marya Investments: 87:حسن عبدالله إسميك 76: 75: 766: 729: 716: 710: 704: 698: 697: 695: 694: 679: 673: 667: 658: 652: 646: 640: 634: 628: 622: 616: 610: 604: 598: 592: 586: 580: 571: 565: 559: 553: 547: 534: 521: 516: 510: 505: 499: 486: 480: 474: 420: 418:Arabian Business 369:King Abdullah II 357:Masaken Capital: 88: 42: 38: 36: 19: 774: 773: 769: 768: 767: 765: 764: 763: 734: 733: 732: 726:Wayback Machine 717: 713: 705: 701: 692: 690: 681: 680: 676: 668: 661: 653: 649: 641: 637: 629: 625: 617: 613: 605: 601: 593: 589: 581: 574: 566: 562: 554: 550: 544:Wayback Machine 535: 524: 517: 513: 506: 502: 496:Wayback Machine 487: 483: 475: 464: 460: 437: 421: 416: 389:TSV 1860 Munich 385: 276:TSV 1860 Munich 272:TSV 1860 Munich 250:Audemars Piguet 174: 143: 48: 43: 40: 39:August 14, 1977 34: 32: 24: 17: 12: 11: 5: 772: 770: 762: 761: 756: 751: 746: 736: 735: 731: 730: 711: 699: 674: 659: 647: 635: 623: 611: 599: 587: 572: 560: 548: 537:Business Units 522: 511: 500: 481: 461: 459: 456: 455: 454: 451: 444: 436: 433: 414: 384: 381: 373: 372: 342: 341: 293:capitalization 279: 269: 242:Patek Philippe 223: 217: 207: 173: 170: 142: 139: 121:-quoted firm, 74: 73: 70: 69:Known for 66: 65: 62: 58: 57: 54: 50: 49: 44: 30: 26: 25: 22: 15: 13: 10: 9: 6: 4: 3: 2: 771: 760: 757: 755: 752: 750: 747: 745: 744:Living people 742: 741: 739: 727: 723: 720: 715: 712: 708: 703: 700: 689: 685: 678: 675: 671: 666: 664: 660: 656: 651: 648: 644: 639: 636: 632: 627: 624: 620: 615: 612: 608: 603: 600: 596: 591: 588: 584: 579: 577: 573: 569: 564: 561: 557: 552: 549: 545: 541: 538: 533: 531: 529: 527: 523: 519: 515: 512: 508: 504: 501: 497: 493: 490: 485: 482: 478: 473: 471: 469: 467: 463: 457: 452: 449: 445: 442: 439: 438: 434: 432: 428: 425: 419: 413: 408: 405: 402: 398: 394: 390: 382: 380: 378: 370: 366: 362: 358: 355: 354: 353: 351: 347: 339: 335: 331: 327: 323: 319: 314: 310: 306: 302: 298: 294: 290: 286: 284: 280: 277: 273: 270: 267: 263: 259: 255: 251: 247: 244:, Breitling, 243: 239: 235: 231: 227: 224: 221: 218: 215: 211: 208: 205: 201: 197: 193: 190: 189: 188: 186: 182: 180: 171: 169: 167: 163: 159: 154: 152: 148: 140: 138: 135: 130: 128: 124: 120: 117: 112: 107: 105: 101: 97: 92: 84: 80: 71: 67: 63: 61:Occupation(s) 59: 55: 51: 47: 41:(age 47) 31: 27: 20: 714: 702: 691:. Retrieved 687: 677: 655:Developments 650: 638: 626: 614: 602: 590: 563: 551: 514: 503: 484: 429: 426: 423: 410: 406: 386: 374: 365:stock market 356: 343: 281: 271: 225: 219: 209: 204:Burj Khalifa 196:Dubai Marina 191: 184: 183: 175: 162:Saudi Arabia 155: 153:in Baghdad. 144: 131: 108: 78: 77: 759:1977 births 338:South Korea 326:South Korea 172:Investments 53:Nationality 738:Categories 693:2016-12-13 458:References 348:houses in 252:, Piaget, 185:HAMG Group 35:1977-08-14 568:Our Story 285:Holdings: 266:Tag Heuer 234:Abu Dhabi 56:Jordanian 722:Archived 540:Archived 492:Archived 448:industry 415:—  401:football 164:and the 127:freefall 91:Chairman 688:n-tv.de 346:million 322:Arabtec 313:Arabtec 309:billion 305:Arabtec 301:Arabtec 297:billion 289:Arabtec 283:Arabtec 246:Chopard 134:rumours 123:Arabtec 441:Forbes 412:zone." 393:Munich 377:Jordan 264:, and 262:Hublot 238:Al Ain 158:Jordan 147:Kuwait 116:Nasdaq 104:Forbes 100:Jordan 83:Arabic 46:Kuwait 361:Amman 350:Egypt 200:Dubai 119:Dubai 397:Arab 254:Dior 236:and 111:Depa 29:Born 328:’s 318:gas 740:: 686:. 662:^ 575:^ 525:^ 465:^ 260:, 256:, 248:, 160:, 85:: 37:) 696:. 450:. 371:. 268:. 81:( 33:(

Index

Kuwait
Arabic
Chairman
United Arab Emirates
Jordan
Forbes
Depa
Nasdaq
Dubai
Arabtec
freefall
rumours
Kuwait
Al-Mustansiriyah University
Jordan
Saudi Arabia
United Arab Emirates
United Arab Emirates
Dubai Marina
Dubai
Burj Khalifa
structural engineering
United Arab Emirates
Abu Dhabi
Al Ain
Patek Philippe
Chopard
Audemars Piguet
Dior
Baume & Mercier

Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.