Stars of 2018
Sat 22 Dec 2018 10:25 PM
Sheikh Mohammed Bin Faisal Bin Khalid Al Qassimi

Industry: Diversified

Company: MBF Group Holdings

Designation: Founder

For a young man of 33 years of age, Sheikh Mohammed Bin Faisal Bin Khalid Al Qassimi has amassed an impressive list of achievements, coming a long way from his beginnings as an associate at HSBC private bank in London and Jersey in 2007.

Seven years later, in 2014, a sprawling company with strong legal, economic and social ties, which it uses to complete, in Sheikh Mohammed’s words, his vision of “creating high-impact, sustainable and value-driven projects in the pursuit of making a better future.”

While MBF has a subsidiaries involved in education, real estate and finance in locations as diverse as Hungary and Egypt, much of his work has taken place in his own homeland.

Here, his projects and plans include a new hospital concept in Jumeirah Beach Residences – having already co-founded Al Zahra Hospital in 2003 – a school in Nad Al Hammar Gardens, a hospital in Abu Dhabi and a 74,103 sq m shopping mall in Sharjah. The strength of these projects, according to Sheikh Mohammed and MBF, is that they are evergreen – they stay relevant at any point in time.

My vision is creating high-impact, sustainable and value driven projects in the pursuit of making a Better Future

His projects, he says, are in part driven by a design to help the UAE accomplish its long-term visions.

“One thing that is absolutely certain about today’s world is change, and it is important our future growth strategies adapt to the rapid change the world is undergoing every day,” he says.

“The projects we have created can help solve the new set of challenges facing the Middle East today.”

While Sheikh Mohammed and MBF currently remain focused on the greater Middle East – with projects including the sprawling 600,000 sq m, 400-bed Al Waha Medical City teaching hospital in Madinah and an international financial centre in Istanbul – the group has plans to firmly establish itself among the world’s leading project development companies, and launched its first European subsidiary, in Hungary, in 2017.