Founding chairman of the Al Habtoor Group reports better than expected first quarter business performance
Khalaf Ahmad Al Habtoor is the founding chairman of Dubai-based conglomerate Al Habtoor Group
Khalaf Ahmad Al Habtoor, founding chairman of Dubai-based conglomerate Al Habtoor Group (AHG), has reported better than expected first quarter performance thanks to the post-pandemic recovery in the UAE.
Al Habtoor, who said AHG took measures early in 2020 to ensure it could withstand the fallout from Covid-19, praised the UAE authorities for their handling of the coronavirus crisis.
“The Covid-19 pandemic, which took the world by storm, took everyone by surprise. It was something no country was prepared for, let alone companies or individuals. Many industries around the globe were brought to a standstill or faced complete collapse, particularly the travel and tourism industry,” Al Habtoor said.
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