Dubai Hotels Are Struggling. Why Is Burj Khalifa Developer Mohamed Alabbar Betting on Zimbabwe?
US, Sept. 6 -- Mohamed Alabbar, founder of Emaar Properties and the developer behind Dubai's Burj Khalifa, is exploring luxury hotel investment in Zimbabwe as Dubai's high-end hospitality industry struggles through a dramatic 2026 downturn.
The timing creates an irresistible question: Is one of Dubai's most influential developers diversifying away from a suddenly vulnerable hotel market, or has Alabbar identified something much bigger - an underdeveloped luxury tourism opportunity in Zimbabwe and across Africa?
DUBAI / HARARE - Dubai built one of the greatest tourism success stories in modern history. Now, one of the men who helped build it is looking toward Zimbabwe.
Mohamed Alabbar, founder of Emaar Properties and the developer behi...
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