Who is Saif Ahmed Belhasa?
Saif Ahmed Belhasa was born in Dubai, the United Arab Emirates in 1966, and is a businessman, best known for being the chairman of the Saif Belhasa Group of Companies, which comprise numerous establishments in various sectors such as trading, transportation, advertising and real estate.
The Wealth of Saif Ahmed Belhasa
How rich is Saif Ahmed Belhasa? As of mid-2018, sources estimate a net worth that is over $2 billion, earned through success in his varied endeavors. He holds numerous positions within his company, and has also collaborated with numerous other businesses in the UAE. As he continues his career, it is expected that his wealth will also continue to increase.
Education and Early Career
Belhasa Holding or Belhasa International initially began through another company called Union Trading, and Saif began his business endeavors through trading in used cars as well as equipment for power projects. He would eventually use the money he earned in Union Trading to buying more businesses, this time in other sectors. Eventually, the number of businesses of Saif Ahmed grew until he established the Saif Belhasa Holding Company in 2001. He continued to seek commercial ventures around the Middle East, with his main focus on the energy sector. His group of companies is now engaged in numerous areas of interest, including technology, construction, tourism, trading, manufacturing and real estate.
Prominence and Awards
Over the next few years, Belhasa would gain a lot of attention internationally, thanks to his success in business – he has now gained close to three decades of diversified experience in various businesses. He was the recipient of the prestigious 2007 Business Expansion Award, given to Dubai’s most successful establishments. He also became one of the strongest and influential Arabs as listed by several publications. One subsidiary of Belhasa Holdings named Belhasa Projects has won seven awards during the Master Pools Guild Excellence Awards held in the US. He is notably credited for creating the largest swimming pool construction company in the Middle East and North Africa.
Other companies he manages include the Belhasa Driving Center and Belhasa Recruitment Services. He says that one of the secrets of his success is timing – working on time and going early to motivate workers is also important. He says that he sends managers to various countries around the world every year, so that they can relax and come back fresh for work. Patience is also something that’s very important, and he initially worked as a part of his father’s business when he held the company which helped him develop a lot of good traits.
It is known that Ahmed is married and has children though there is very little information available about his family. He spends most weekends with his family at Palm Jumeirah where he enjoys sailing and fishing. He also makes it a point that his children first learn to work outside the company before they can join his company, so that he won’t be too tough on them. He also mentions that one of the reasons he’s got so far in industry is due to how much he loves his work. He mentions that he loves to do things personally, and even still goes on the frontline of his businesses, as he enjoys seeing the faces of satisfied customers. If he hadn’t gone into business with his family, he says that he might have tried working at government level.
Belhasa often gives to various educational and humanitarian causes, though he doesn’t like to declare how much he gives out, so he is also known to donate anonymously, but some of the recipients of his donations include the Dubai Autism Center, the Manzil Center, the Pakistani Flood Victims Program, and the AL Noor Training Center. He was also previously the chairman of the soccer club named Al Shabab, and is the Emeritus Economic and Commercial Advisor to the Chamber of Commerce and Industry of Kazakhstan.