MECC Ventures Founder Faisal Alhamer Planning a USD 1 Billion Investment Plan in UAE
Faisal Alhamer, an entrepreneur with over a decade of experience effectively managing local and worldwide commercial enterprises, has decided to invest USD 1 billion in the UAE market. His remarkable leadership abilities and ability to think critically have helped him make profitable investments in different areas, including real estate, finance, hospitality, automotive, human resources and technology.
Defining an entrepreneur’s financial and mission-based goals is the first indication of his expertise as an investor. Faisal Alhamer has developed a vision and clear perception of how different markets work in the UAE under the hood. His sharp investment sense has propelled him to strive in the field.
Faisal is accountable for conceptualizing and implementing practices that promote employment opportunities along with entrepreneurial activity throughout the Group’s many business interests. Faisal Alhamer has established a new platform for MECC ventures to go on a long-term collaboration with various companies. The goal of his venture includes an investment project worth USD 1 billion.
Dubai has always been one of the world’s most celebrated tourist and business destinations. With its world-famous skyscrapers and premium property locations such as Business Bay, Dubai has been named as the Middle East’s top metropolis in terms of infrastructure and quality of life.
Despite the massive flood of tourists, it remains one of the world’s safest cities. The city is well-known for recruiting talent from across the globe and is home to numerous multinational Fortune 500 firms that have established a strategic base from which to serve markets throughout the Middle East, Africa, and the whole Indian subcontinent.
Growing in the middle of such a thriving economy and admired country, Faisal has constructed himself as a man of success. Faisal served in the UAE Armed Forces from 1996 until 2006 before transitioning to civilian life. In 2000, while assigned to an Overseas Deployment Training program in the United States of America, he sought and finished a bachelor’s degree in aviation, preparing him for the necessary qualifications and ratings to be a helicopter pilot. From 2002 to 2004, while on deputation in Europe, he was able to train and work as an aviation engineer on the F-16 Fighting Falcon.
Excelling in too many skills and leading different finance ventures all by himself, Faisal Alhamer has come to know all the reliable sectors with profitable investment possibilities. Real estate is one of his top investment priorities in the UAE. Apart from economic prosperity, several of the Emirates, such as Dubai and Abu Dhabi, are popular tourist destinations that attract visitors globally. This is one of the good elements that contribute significantly to the value of a property in the UAE, more precisely in Dubai and Abu Dhabi.
Dubai’s travel and tourism industries are growing at an annual pace of around 8% to 10%. The sector’s rapid expansion is one of the reasons why so many international investors are choosing Dubai as a destination to conduct business and call home. Faisal has taken travel and tourism as his second most investable industry. Other sectors like technology and human resource also have a stiff graph of growth.