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Al Habtoor Group Executive Annual Dinner

Ladies and Gentlemen,

    We have concluded another successful year in the history of Al Habtoor Group, despite facing all adverse factors, like political, economical, global war threats and the worldwide economic recession. I thank you all for standing with me, fighting all the odds and achieving this.

    Over the last decade we have made significant growth and is today recognized as the fastest growing group in Dubai.

    Over the last twelve years our operating profits grew at an average rate of 36% per annum, and has resulted in an average growth of 44% per annum on the value of our investments.

    Many of you have been with me during this period of growth, especially to mention my dear brother Riad, together with whom I had laid the foundation of our group 30 years back. All of you are now part of my team and I am sure we will continue our successful stride towards a brighter future.

    We have our Budgets and Business plans ready for the year 2003 and I am confident that all of you have already started working towards achieving our goals.

    I wish all of us a very happy and prosperous year 2003.

Khalaf Al Habtoor

 

 

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