Talal Al Dhiyebi is the Chief Executive Officer at Aldar Group, the UAE’s leading real estate developer, investor, and manager. Under his leadership, Aldar has expanded its operations outside of Abu Dhabi to the neighbouring emirates of Dubai and Ras Al Khaimah, and across the region to Egypt in recent years. The company currently holds assets under management worth over USD 8 billion, a landbank of more than 70 million sqm, and a development project backlog of over USD 17 billion.
In 2022, Aldar secured a USD 1.4 billion investment from Apollo Global Management which is one of the largest foreign direct investments into Abu Dhabi’s private sector. The investment is helping to drive Aldar’s transformational growth strategy and diversify its business. In total, the company deployed more than USD 3 billion in 2022, including new market entries, strategic acquisitions, and expansion into new business verticals such as logistics.
Aldar’s development business has achieved record sales over the course of 2022, with almost USD 4 billion secured in home sales across Abu Dhabi and Egypt. In line with the development business’ strategy, sales to overseas buyers increased from 4% to 15% over the course of the year.
Aldar is a well governed business and has taken a leading position on ESG in the region. Most recently, Aldar reached a major milestone in its sustainability journey by committing to becoming net zero in Scope 1, 2, and 3 emissions by 2050.
Talal serves on the boards of numerous companies, including Abu Dhabi Chamber of Commerce and Industry, Abu Dhabi Housing Authority, Abu Dhabi Motorsports Management, Miral Asset Management and Sandooq Al Watan – the UAE’s national fund focused on social contribution. Talal also serves on the boards of a number of Aldar subsidiaries, including Aldar Education, Aldar Estates, and SODIC, the real estate company acquired by Aldar in Egypt in 2021.
Talal is a graduate of Electrical Engineering from the University of Melbourne, Australia