Handed the reins of his father’s manufacturing and
construction business at the age of 32 felt like a very natural progression for
Mohammed Khammas.
Previously, he had worked in many facets of Al Ahli Holding
Group, including the construction and real estate arms, where he oversaw some major
projects.
In the seven years since he became CEO, Khammas has guided
and diversified the company into a multi-billion-dollar conglomerate of more
than 30 companies present in over 25 countries, employing more than 9,000
people worldwide.
In addition to managing a diverse portfolio, Khammas was the
first Arab to develop and sell a multi-million-dollar game development company
to the Walt Disney Company. During this process, he has established long-term
strategic alliances with the global entertainment industry’s major companies.
Today, AAHG’s portfolio in the entertainment industry
includes Dubai Outlet Mall, Gold’s Gym International franchise rights, plus
exclusive rights to publish comics and activity books belonging to Marvel,
Disney, Warner Bros, DC Comics, San Rio and Comicave.
In November last year, the company announced plans to launch
a 20th Century Fox World theme park and resort in Dubai. The agreement signed
with the US entertainment giant allows AAHG to build four Fox theme parks
outside of the US, the first of which will be located beside the AAHG’s Outlet
Mall and Dubai Holding’s proposed Universal Studios Dubailand project.
Separately, AAHG also announced plans to develop a
25,000-seat open-air amphitheatre, also adjacent to the Outlet Mall. The venue,
featuring pavilion hosted boxes, suites and terraces will be the only one of
its kind in the Middle East.
Khammas also formed the Young Arab Leaders
organisation (YAL), which has become a platform for a new generation of Arab
thinkers from more than 30 regional countries.