Abubaker Seddiq Al Khouri
Abubaker Seddiq Al Khouri is the chairman of Aldar Properties, a development company that is headquartered in Abu Dhabi, UAE. Al Khouri brings with him an extensive experience in the fields of finance and international investment through private equity and direct transactions. He was the managing director of Sorouh and has worked as the assistant director of the Abu Dhabi Investment Authority in his previous roles.
Al Khouri is currently the vice-chairman of General Holding Corporation – Senaat and Al Waha Capital PJSC. He is also a board member of Abu Dhabi Securities Market, Abu Dhabi Chamber of Commerce & Industry, Khalifa Fund for Development, Abu Dhabi Pension Fund, Khalifa Ports and Abu Dhabi Airports Company. Al Khouri holds a Bachelor Degree in Finance from Linfield College in McMinnville, Oregon, USA. He is a certified Chartered Financial Analyst (CFA) and a member of the Association for Investment Management and Research. In 2001, he completed the Executive Business Program at Harvard Business School. Al Khouri has more than 13 years of experience in the fields of finance and investment, private equity funds and deals in Western Europe, Eastern Europe and Asia.
The Abu Dhabi-based Aldar Properties PJSC is one of the largest developers in the Middle East and North Africa region, with assets worth over USD 12 billion. The company has developed some of Abu Dhabi’s most iconic and complex projects, from the Formula-1 facilities on Yas Island to the thriving new Shams Abu Dhabi community on Reem Island. Its property portfolio is diversified and balanced, with residential communities accounting for around half of assets, retail property representing a third, and the remainder split between commercial and hospitality.
With a land bank of over 77 million square metres, 90 per cent of which is in special investment zones, Aldar Properties is focussed on serving the growing demand in the UAE for high-quality and professionally managed properties. Aldar Properties is a strong partner of the Abu Dhabi government which is a major shareholder in the company. The business is aligned with the Emirate’s “Vision-2030” strategy of economic diversification and social infrastructure development