Al Habtoor Group is considering listing its companies in the financial markets

Khalaf Ahmad Al Habtoor, Chairman of the Al Habtoor Group, announced that his group has been studying for a long time to list its companies as joint stock companies, and that listing on the Dubai Financial Market is being discussed.

Al Habtoor said in tweets on his official account on Twitter: "For more than two centuries, I have been studying with senior company managers the listing of the Al Habtoor Group in the financial markets to maintain its continuity, and at this stage we have come close to making this decision."

He added, "My decision to allocate 5% of the total shares listed on the financial market to workers in the first line of defense, security forces and homeland protectors at a price of 50% of the share price, this is because I hope that they will benefit from our experience and success."

He explained, "Family businesses today form a pillar of the economy in Dubai and the UAE, and they are partners in the responsibility for building and success. I hope that we will share this success with our young men and daughters."

He concluded his tweets, saying, "During the period of the Corona crisis, we were entrusted with them, they watched over our comfort and security, and they did not fail in performing this duty. And my decision this is an initiative to express our thanks and gratitude for what they have provided and continue to provide to us, in order to ensure our protection and health security."

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