Khalaf Ahmad Al Habtoor welcomed a senior delegation from Credit Suisse at the Al Habtoor Group head office on Wednesday 27 September 2017. The delegation was led by Bruno Daher, CEO Middle East, India & Turkey. Also present was Georges El Khoury, Head of GCC, Credit Suisse and Talal Nasralla, Director UAE Market. Present from the Al Habtoor Group was Mohammed Al Habtoor, Vice-Chairman and CEO; Arun Krishnan, Chief Financial Officer; Chin Poh Kueh, Director of Finance and Sanjeev Agarwala, Chief Operating Officer – Hospitality and Investment.
They discussed potential investments opportunities in the region with a particular focus on the United Arab Emirates. Al Habtoor said, “Dubai and the UAE offer solid investments to both local and foreign investors. It is a stable with solid return of investment.” However, he said banks need to be cautious when lending. “They need to ensure they lend responsibly.”
He pointed out that the Al Habtoor Group had significantly boosted its investment portfolio in the UAE in recent years across its units.