A SIGHT TO BEHOLD

Qatar 2019 | ECONOMY | INTERVIEW

With huge growth across multiple sectors, the holding is getting into tourism and hospitality, healthcare and medical research, sports and lifestyle, education, technology, and light industries, among others.

Adel Ali Bin Ali
BIOGRAPHY
Adel Ali Bin Ali is Chairman of Ali Bin Ali Holding, one of Qatar’s oldest and most robust business conglomerates. At the helm of a diverse company with 14 distinct business streams, he provides visionary leadership to over 4,000 staff. He also holds other eminent positions and serves as a managing director and a delegated member of the board of Doha Insurance Co., and a board member of Milaha Co., Qatar Electricity & Water Co., Amwal Co., and, formerly, Qatar National Bank. He was also vice chairman of the Qatar Sports Club and honorary treasurer of the Qatar Chamber of Commerce. He received the Ordre National Du Mérite from the French Republic.

The holding started operations in 1945 with the vision of providing quality international products and services to the people of Qatar. What have been some of the highlights?

Since its inception in 1945, Ali Bin Ali Holding has stayed true to its vision of providing quality international products and services to the people of Qatar. This is the reason why we have emerged as one of the largest retail and distribution companies in the country. Today, the holding contributes to Qatar's growth through 400 international brands across 13 diversified lines of businesses. Our footprint is spread across industries such as FMCG and distribution, beverages, luxury, fashion, hospitality, production and events planning, information and communication technology, medical supplies, contracting, facility management and real estate development, printing, hypermarkets, sports and lifestyle, travel tourism, and cargo. Besides diversifying its operations over the years, the holding has launched several firsts in the country and contributed significantly to Qatar. One such example is the "Bazaar Majna" commercial plaza. Built on 38,000sqm in Katara Cultural Village, this soon-to-open project includes a series of features that are the first of its kind in Qatar and the region. It will host the well-known French department store chain Galeries Lafayette and the first Evian Spa in the Middle East. Another example is the prestigious Manateq Special Economic Zone where ABA Logistics was chosen as a partner for the massive governmental project. We have completed the building stage and will soon start operating the state-of-the-art warehouses and storage areas with world-class infrastructure. Projects of this caliber signal the clear intension of the management to invest in some of the largest and most strategic locations in Qatar.

Which sectors are more attractive to continue diversifying your business portfolio?

Qatar has emerged as one of the fastest-growing economies in the world. That being the reality, almost all the economic sectors have potential for healthy growth. Sectors such as tourism and hospitality, healthcare and medical research, sports and lifestyle, education, technology, and light industries have immense potential to grow. We are fortunate to be engaged in most of these sectors. As a Qatari business conglomerate, we would like to further diversify and explore opportunities in light industries, manufacturing plants, and industrial lines. Medical research is another area where we see immense potential.

The ongoing blockade has opened the doors to the local development of F&B production. How has this affected the holding's business?

As a homegrown proud Qatari entity, it is our pleasure to support local industries in every way we can. Keeping the Qatar National Vision 2030 in mind, we seek to work with Qatari production industries, encourage them, and make their presence prominent in the local market. The blockade has led to the industrial renaissance of Qatar. Many local companies are now producing high-quality F&B products. One of the biggest success stories in the midst of blockade has been the emergence of Baladna Company. Baladna launched several dairy products and signed an exclusive agreement with Ali Bin Ali Holding for distribution in the local market. We are confident that through our understanding of the Qatari market and commitment to developing best-in-class technologies, we will exceed customers' expectations and maximize the reach of the products to more than 1,600 points of sale throughout the country. The blockade has made us more self-reliant, which is positive.