Hasan Abdullah Ismaik
| Hasan Abdullah Ismaik | |
|---|---|
 |
|
| Born | Kuwait |
| Nationality |
 Jordainan |
| Occupation | Entrepreneur and chairman of a number of prominent investment companies in Jordan and UAE |
| Known for | Jordanian billionaire and the third-youngest billionaire in the Middle East |
Hasan Abdullah Ismaik (Arabic: حسن عبدالله إسميك) is a Jordanian businessman and Chairman of Hasan Abdullah Mohammed Group (HAMG Group), a UAE-based group of investment companies founded by Ismaik in 2006. He owns Marya Development & Real Estate Investment LLC, a private investment company in the United Arab Emirates with a diversified investment portfolio that includes projects worth US$4 billion. He is the Chairman and majority shareholder of the German sports club TSV München von 1860 GmbH & Co; Chairman of Al-Ashmal Real-Estate Investment Co. in Jordan; Vice Chairman of Al Manara International Jewellery in Abu Dhabi, and Chairman of publicly-listed Masaken for Land and Industrial Development Projects (Masaken Capital). In 2014, Forbes Magazine listed Ismaik as the first Jordanian billionaire and the third-youngest billionaire in the Middle East.
Ismaik had his name in the media when the shares in Depa had risen steadily over one year, increasing from about 40 fils in August 2013 to a high of 71 fils on June 2013 that was the day before he resigned from his position as the chairman of Depa, leaving the Nasdaq Dubai-quoted firm, Arabtec without a chairman. However, the company drastically scaled back its plans after Mr Ismaik abruptly resigned, sending shares into a freefall and leaving question marks hanging over non-core business of Ismaik.
Furthermore, in March 2016 there were rumours that Hasan Ismaik, will be appointed to the board of Arabtec again, however "the rumours over the appointment of Mr Hasan Ismaik as Chairman or member of the board of directors of Arabtec are false and are not based on any true facts or events," Arabtec said in a bourse filing.
Ismaik launched his career as a real estate entrepreneur in Jordan, Saudi Arabia and the United Arab Emirates, with a specific interest in the oil and gas sectors. Following the introduction of the freehold property law that sparked the real estate boom in Dubai, he transferred his business focus to the UAE market where he continued to build an impressive track record of commercial achievements.
...
Wikipedia