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umarfarooqzahoor · 19 days
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THE SUNSHINE OF UAE ENTREPRENEUR’S WORLD -SHEIKH UMAR FAROOQ ZAHOOR
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Sheikh Umar Farooq Zahoor is one of the most successful and dynamic business personalities in the world today. He is an entrepreneur and investor based in the UAE and is known for his philanthropy. He is the former director of the Ameri Group and has successfully dealt in various sectors like oil, real estate, infrastructure, hospitality, and gas with several different countries.
Though he is one of the most successful businesspersons in the world today, the path to success and glory was not easy for him at all. He struggled a lot when he was young, but based on his hard work and talent, and he successfully ran several successful businesses today. His struggle has taught him a lot of life lessons, and therefore, he believes in giving back to society and contributing towards the betterment of the world through his social work.
SOCIAL WORK
Being a humanitarian, Sheikh Umar Farooq Zahoor has been involved in social work all his life. During the crisis of COVID-19, though it’s not the first time he is doing work of this kind. He is involved in philanthropic work, keeps donating to different charities and organizations regularly, and is respected worldwide for his kindness and human nature. In the course of his corporate social responsibility work, he has assisted numerous individuals from various backgrounds.
CONTRIBUTION OF SHEIKH UMAR FAROOQ ZAHOOR
As an entrepreneur and investor, Sheikh Umar Farooq Zahoor has hugely contributed to the improvement of the economy of the UAE, especially during the COVID-19 pandemic that has affected economies all over the world. As a private investor, he has helped the GDP rise and rescues the economy from the crisis. He has taken the initiative to bring sustainable and renewable energy resources to the country, keeping in mind the problem of climate change and the measures needed to solve the problem.
Being the owner of several companies, Sheikh Umar Farooq Zafar is undoubtedly one of today’s most influential persons. His business acumen and philanthropic nature have made him one of the most successful people in the world today. He is undoubtedly a role model for youngsters all over the world.
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umarfarooqzahoor · 19 days
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Nature in UAE, Abu Dhabi
For the five-decade UAE maintained its biodiversity. Animals and plants are the essential identity of Abu Dhabi, UAE.
UAE is more focusing to protect its natural areas. UAE’s famous personality Umar Farooq Zahoor is coming forward to maintain the Environment. Some of UAE’s younger generation also involve in it and doing inspections to protect the environment and take part in events that benefit the natural world.
In Abu Dhabi, the Environment Agency Abu Dhabi (EAD) mainly works to set up the network-protected area and promote awareness about the various local species. This agency also maintains the 13 terrestrial protected area, one of the part of Sheikh Zayed Protected Area.
Here you will get few species who are benefited from Environment Agency Abu Dhabi -
1. Mammals: After Abu Dhabi’s effort oryx has become most ambitious project. Every maintenance started from the 1970s, and currently, the latest population of Oryx is more than 6,900. This type of Oryz’s weight minimum of 80kg, and they are white in color. They like to come around in the protected area.
2. Dugong: This EAD is protecting them from 1999, and in this 3,000 dugongs are included. They are grey color, and they have a very powerful fluked tail which works like a paddle when they swim.
3. Dolphin: In the largest population dolphins are also within the protection and they are mainly spotted in the shallow water which this agency maintains.
4. Birds: In UAE’s heritage, many falcons are becoming indelibly entwined, but due to the effort of Abu Dhabi, all started getting protected. Now there are many peregrine falcon we can see to fly and this is one of the common bird.
5. Fish: This EAD cooperated with the UAE Ministry and made the plan for sustainability to protect by making the traditionally using fishing cage.
6. Invertebrates: They are very rare in UAE and they stay in the inland standing water, a farm area in Abu Dhabi. EAD make sure that it makes the management so effective that they can monitor the species from the different location. Corals are also included in it.
Sheikh Umar Farooq Zahoor is nature loving and involved in maintaining the natural beauty. Abu Dhabi’s coastal areas are also not behind because EAD is maintaining the trees available in the mangrove forest.
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umarfarooqzahoor · 19 days
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UAE Becoming a global Leader in Renewable Energy by 2050
The debate on how to improve the scenario of renewable energy across the world is over. Many countries across the world are planning to focus on increasing their national energy baskets.
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UAE Investing In Renewable Energy Generation
As per the reports and different sources like Sheikh Umar Farooq Zahoor, an investor in Oil, Gas & Energy — United Arab Emirates has a strong ambitious plan to become a leader in renewable energy production. UAE has always been on the top in the oil business, and now is planning to become the leading resource for renewable energy.
In light of this, the UAE has already started to become a hub for clean energy technology. Along with that UAE has also started investing millions of dollars in the research on renewable energy, microelectronics, transport systems, as well as water.
Elaborating that, Umar Farooq Zahoor also mentioned how Abu Dhabi, a regional leader is working on becoming a next leader of renewable energy as well as sustainable development. MENA countries blessed with huge natural gas and oil reserves are looking to increase their use of renewable energy. According to the sources, electricity generated using renewable sources is much cheaper than the one produced using fossil fuel. And as per the famous businessman & former director of AMERI Group, Sheikh Umar Farooq Zahoor this is going to revolutionize the position of UAE in the global market.
Following this, he also indicated to the study that if the UAE reaches the estimated goal of producing renewable energy, it could generate $192 billion by 2050 in the energy sector only.
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umarfarooqzahoor · 19 days
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Travel and Tourism in Dubai
When we talk about a country’s travel and tourism industry, it covers a major portion of a country’s economy. Tourism in Dubai has a gigantic share in the government’s strategy to maintain the inflow of foreign cash and raise good revenue. Dubai appeals to tourists mainly on shopping, gold, malls and also carries other ancient and modern attractions from all over the world.
Dubai has seen strong growth in the travel and tourism sector after the innovation and addition of attractions and tourist spots. Dubai’s attraction includes the Dubai Museum, the Sheikh Saeed Al Maktoum House, Sharia Mosque, and many more.
Dubai also has been titled to be the “Shopping capital of the Middle East”. Dubai has the most unique and high range of shopping spots which lures everyone’s heart from clothes, crockeries, fashion accessories, high-end to drug store cosmetics, you name it and it’s in Dubai! Modern shopping malls and boutiques are also situated within the city. Dubai is popularly known as one of the most expensive shopping destinations in the world.
Moreover, Dubai’s shopping malls cater to every requirement of the consumers.
Another attraction for tourism in Dubai is the horse race, which is the richest horse race in the world. Dubai hosts many international championships like golf, snooker, the UAE Desert Challenge, and Barclays Dubai Tennis for both men and women.
Dubai has also parted its tourism in the health authority section. It has established a program to develop and promote medical tourism facilities. Dubai has many flights coming from all over the world. More than 120 airlines operate to and from Dubai International Airport to several destinations, making it one of the busiest airports in the world.
The specialist declared that the travel and tourism sector in Dubai is flourishing and will perceive stimulating times in the future. Desert Safari and cruise dining continue to be the most significant part of tourists. Luxury stays like The Palm, Jumeirah, and other hotels attract a massive number of tourists to Dubai. Burj Khalifa which dominates the beautiful skyline.
Shiekh Umar Farooq Zahoor is an entrepreneur, investor, and philanthropist from Dubai. A Dubai based business conglomerate operating in Oil, Power, Gas, and infrastructure. He owns multiple companies and a successful investor in the UAE, Africa, and Asian countries. He bares a keen business sense and an eye for detail says that “ Due to the ever migrating population for a better chance at life, there is a huge percentage of real estate opportunities coming up in Dubai.”
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umarfarooqzahoor · 19 days
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The UAE, an ideal tourist destination in the world, Says Sheikh Umar Farooq Zahoor
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UAE has been beating all the records for what seems forever. To continue the phase of progress, the UAE has also established its foothold on the grounds of tourism by officially becoming the best tourist destination in the world in 2019, said Sheikh Umar Farooq Zahoor.
While discussing the future of the tourism industry in UAE, Sheikh Umar Farooq Zahoor elaborated on how the travel industry in the UAE is continuously progressing and blooming. The country has won a total of 282 awards in 6 different categories in tourism.
Not only this, he also pointed out that UAE has been marked as the most searched tourist destination for 2024 along with Canada, the USA, Dubai, and Egypt.
Dubai Named One of the Best Cities across the Globe One Should Visit In 2024
In the survey conducted by lonely planet, Dubai has topped the list of 10 best cities to visit in 2024, said Sheikh Umar Farooq Zahoor. With so much to explore in Dubai, one can definitely be sure that he or she won’t return disappointed from there.
Some of the best tourist attractions in Dubai as Sheikh Zahoor mentioned, include Burj Khalifa, Burj Al Arab, The Dubai Mall, Dubai Creek, The Dubai Fountain, Ski Dubai, etc. Being a native, he is a perfect source to understand UAE tourism. Not only this, he is one of the leading businessmen and entrepreneurs living a well settled life in the UAE. Dubai is just one example; UAE has many other extraordinary places that one must see at least once in their lifetime, like Abu Dhabi, Palm Jumeirah, Sharjah, and more.
Want to explore UAE? You must visit these 32 places — Dubai, Sharjah, Abu Dhabi, Al Ain, Fujairah, Ras al-Khaimah, Jabel Ali, Umm al-Quwain, Sir Bani Yas, Kalba, Ajman, Abra Ride, Zabeel Park, Al Fahidi Historical Neighborhood, Hatta Pools, Sheikh Saeed Al Maktoum’s House, Al Mamzar Park, Saruq Al Hadid Museum, Al Ain Classic Car Museum, Qaryat Al Torath Heritage Village, Sheikh Zayed Grand Mosque, Gold Souk, Jumeirah Mosque, Dubai Safari, Burj Khalifa, Masdar City, Jumeirah Beach, Liwa Desert, Al Fujairah City, Al Muraba’a Fort, and Emirates Fine Arts Society.
Moving ahead in the conversation, Sheikh Umar Farooq Zahoor also mentioned how the hospitality industry is progressing in UAE to boost the tourism industry. This is not all, he also pointed to the fact that the UAE has also won 25 awards for top conference destinations, convention centers, and club lounges.
To conclude, Sheikh Umar Farooq Zahoor mentioned that the UAE has aced on all the grounds of the tourism industry. Be it business travel, leisure travel, holiday destination, or just a casual visit, the UAE has proved that it is one step above all others. In his words, UAE is progressing to become the world’s best tourist destination, even further than what it is today. By mentioning all these achievements, all I am doing is pointing out the hard work and effort UAE is putting in to become leaders in tourism, and I am proud to be a part of such an admiring journey.
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umarfarooqzahoor · 19 days
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UAE on green path
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After the consolidated decision of countries from all the over the world, it was decided that all the nations will strike a peace deal and start the journey on the green path. Various discussions took place in these summits where different ideas and projects were proposed, and budgets were granted to create these projects all over the world.
After many years if you start to notice what changed, you’ll see the difference a country can make on its own. UAE has never been depended on any other nation but made turned on itself. This one time UAE has done the same. While many other countries are still progressing towards the projects, Dubai has always invested &12 billion in different projects around the world and started some already.
If you were to notice Abu Dhabi said to be a place which is actively looking for and creating many projects to provide strength to the region’s dream of becoming a power in the green energy sector. Dubai has already started working on the same.
The dream of UAE is to become a power in the Middle East and leave the use of fossil fuel for good and start using sustainable green energy such as solar and wind to accelerate life and provide it to the whole country. According to our sources Emirates have already become a source for clean and green energy and is investing millions of dollar in various projects to ensure that the dream of becoming a leader in the green energy field remains secure.
Being a MENA country, it is also looking forward to becoming a leader in exporting electricity generated by the green energy to other countries and reduces the usage of fossils to reduce the carbon footprint as well as the high emission of greenhouse gas leading to high rise in global warming.
The target of UAE is of 2050, as by the mentioned year the country wants to majorly depend on the sustainable source of energy that is green or says renewable energy.
Sheikh Umar Farooq Zahoor, a philanthropist and an entrepreneur with a successful career and high success rate said that with the help of green energy, there’s so much opportunity in the business sector. He said if the investors and private organizations are allowed, the chances of this 2050 dream will be closer than that. He also said that the green energy project would open the flood gate of jobs for the youth of UAE as the enormous human resources will be required to fulfill the sources and complete the job in a fast pace.
The government has already launched a few projects related to solar and wind energy and is encouraging people to turn towards the same. The private organizations and the investors will help UAE become a critical factor in the field on green energy and a pioneer for other countries to look out for. The world needs more green energy, and UAE is more than ever ready to turn the tables and win this race.
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umarfarooqzahoor · 19 days
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Need to Stimulate the Entire Financial Sector- Umar Farooq Zahoor
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The security introduction ought to start the society development all across the secondary market for the local currency debt. The strategy of public debt as introduced by the United Arab Emirates will have a huge impact on the global competitiveness standards of a nation and also, make improvements in the macroeconomic and management, said Umar Farooq Zahoor.
Farooq said that the strategies of the debts that need to develop the market of UAE for local currency bonds would be helpful to stimulate the financial as well as banking sector too. Also, it provides some set of financial alternatives to all the projects run by the government and sets up a bond market in local currency.
This strategy gives full support to the emirates to attain all competitive economy and improve the financing for the federal, said Farooq. He also explained the foundation of the public debt with the help of this approach and accomplish financial stability by increasing confidence in investors across the national economy. It contributes to enhancing and strengthening the nation’s standing across the global opportunities indices to become the best nation in the world by the Centennial 2017 of the UAE.
The government of the United Arab Emirates does not issue any debt but the individual taps the bond markets. For the last two years, the federal government has been placing the infrastructure to issue all the dirhams debt as denominated.
Zahoor said that the Central Bank of the United Arab Emirates also mentioned in December that they will begin to issue dirham denominated securities and is known as M-Bills in January. It has also been said that the intro of securities may lead to secondary market development and it may result in the creation of benchmarking that is free from all risks for dirham denominated debt for a long period.
As per Umar Farooq Zahoor, being an investor, a local bond market goes a long way in strengthening the financial markets of the UAE, attracting the long-term flows of portfolios, and increasing options for monetary policies. Also, they said that the creation of such a local bond market can take the financial stability of the nation to the next level. The introduction of these securities results in stimulating the entire financial sector and give them a strong boost at first.
Umar explained how these securities will be advantageous for the financial sector of the UAE.
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