Mohammed Jafer Musthafa decided to launch Daemaar Group when he was just 26 years old, having started it as a single construction company, Daemaar Contracting, specialising in civil engineering and mechanical, electrical and plumbing (MEP).
But in 2015, he acquired SPELCO-MEP and expanded the company into what it is today; comprising six standalone companies specialising in construction, trading, retail, and more. Based in Abu Dhabi, it runs operations across the GCC, with offices in Saudi Arabia, Kuwait and Oman.
Musthafa has stated that his vision is to create “a stable future for tomorrow’s generations by developing each of the sectors in which he operates.”
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