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OMNIYAT Group Forms Strategic Advisory Board for Next Growth Phase


OMNIYAT Group, a leader in ultra-luxury real estate development, has announced the formation of a new Strategic Advisory Board. This board will play a crucial role in guiding the group’s next phase of growth and transformation. OMNIYAT, along with its wider luxury development arm, BEYOND, is preparing to expand its footprint to build a Dh100 billion portfolio over the next five years. This strategic move follows a significant milestone—the successful launch of OMNIYAT’s $500 million green sukuk, marking its debut in international debt capital markets.

The establishment of the Advisory Board signifies OMNIYAT Group’s ambition to become a global, diversified real estate platform with institutional depth. The board is composed of prominent global figures with expertise in finance, policy, governance, law, and international business. These industry leaders will work closely with the executive chairman and senior leadership team to help steer the group’s strategic direction.

The Advisory Board members include:

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  1. Noel Quinn— Former Group CEO of HSBC, Quinn brings over 37 years of experience in banking and finance. He is active in the Sustainable Markets Initiative and chairs its Financial Services Taskforce.
  2. Rt. Nadhim Zahawi, a senior political figure and former UK Chancellor of the Exchequer, brings vast experience in government and public service.
  3. Dr. Mark Machin—Founder and managing partner of Intrepid Growth Partners, Machin is a global investor and former president of Canada Pension Plan Investments, with extensive experience in finance and investment management.
  4. Tim Collins—CEO of Ripplewood Advisors, Collins has led numerous successful investments globally and has decades of experience in international finance.
  5. Dr. Habib Al Mulla— A prominent Emirati legal expert, Dr. Al Mulla has shaped key legal reforms in the UAE and has a profound understanding of regional legal frameworks.
  6. Abdulmohsen Al Rashed—Managing Partner of Al-Rashed Group: Al Rashed brings 40 years of experience in real estate and investment in the Gulf region.
  7. Hishammuddin Hussein—Former Malaysian Minister of Defense and Foreign Affairs, Hussein is a veteran of diplomacy and regional security with a wealth of political experience.

OMNIYAT Group’s founder and executive chairman, Mahdi Amjad, commented on the announcement, stating, “This symbolizes an important turning point for OMNIYAT Group and our brands. With almost two decades of successful ultra-luxury development and the rapid rise of BEYOND in the wider luxury segment, bringing on seasoned global experts will guide our journey forward. We are honored to welcome this esteemed group whose diverse perspectives and proven leadership will help shape our strategic direction.”

The formation of this Advisory Board comes at a time when OMNIYAT Group is aiming to institutionalize its operations and enhance its global presence. With its focus on luxury real estate, hospitality, renewable energy, and other high-growth sectors, the Group is positioned to redefine the global real estate landscape in the years ahead. The new Advisory Board will provide OMNIYAT with the insights and expertise needed to navigate challenges and capitalize on emerging opportunities.

The Group’s portfolio includes notable projects like “One at Palm Jumeirah” and the rapidly growing luxury segment under BEYOND, which is expected to significantly contribute to OMNIYAT’s long-term growth strategy.

As OMNIYAT continues to pursue its vision of becoming a future-ready, diversified real estate platform, the insights from its Advisory Board will be invaluable in ensuring that the group remains at the forefront of the global luxury real estate market. With a strong focus on sustainability and innovative development, OMNIYAT’s strategic advisory initiatives are poised to make a profound impact on the real estate industry.

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