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Showing posts from 2020

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 2021 along with Canada, the USA, Dubai, and Egypt. Dubai Named One of the Best Cities across the Globe One Should Visit In 2020 In the survey conducted by lonely planet, Dubai has topped the list of 10 best cities to visit in 2020, said Sheikh Umar Farooq Zahoor . With so much to explore in Dubai, one can definitely be sure that he or she won’t return...

UAE accelerating shift towards green energy - Umar Farooq Zahoor

Green energy or renewable energy is the most stable and sustainable source of energy that can be used without the worries of its being gone from the face of Earth, unlike non-renewable energy. With the constant and overconsumption of non-renewable energy, humans have exhausted it to such an extent that it’s a luxury for an upcoming generation but that too if we able to save some just for education purposes. Cutting some slack in saving Mother Nature and planet Earth, UAE has accelerated its steps towards the green energy to reduce carbon footprint and become an eco-friendly region. With the assemblies such as Irena, UAE has pledged to be soon using just green energy and forsaking every other non-renewable energy. With the way the country is launching one massive project after another, it can be assumed that in some time, UAE will become one of the largest provider or green energy to exist. If facts are to be believed, UAE has so far invested more than $12 Billion in different gree...

The ever growing market of green energy in Dubai

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Previously UAE was one of the biggest producers of carbon in the world. The oil sector has a big part in the world’s increasing the Earth’s temperature and hindering with the non-renewable or say non-green energy source of the planet. With the various seminars and conferences, the countries decided to work on the growth of green energy to become more eco-friendly and save the world for the upcoming generations. Dubai’s ultimate goal is to achieve its target for maximum stability and no to depend on other countries for any of the sources. So far, Dubai has reduced its carbon footprint by a huge goal and has found a maximum alternative for its non-green business which includes the trade of crude oil. The purpose of MENA country is to increase the use of green energy in the country by 50% to put a stop on non-sustainable point soon enough and become a global force to outsource the green energy too that other countries can depend upon. These green energies are not harmful to the planet...

Oil and Gas market in UAE and its future

A growth of more than 7.5% is expected to be reported on the UAE oil and gas market. Umar Farooq Zahoor , a triumphant businessman, trader and philanthropist who is also a renewable energy enthusiast said in relation to Oil and gas sector in UAE that ‘’Factors, such as massive investment in upstream and government policies, are likely to drive the UAE oil and gas market during the forecast period. The UAE oil & gas market is expected to be powered by this investment in the upstream, midstream, and downstream sectors in the projected timeframe. In addition, it initiated a 45-billion dollar mega-project in 2018 to boost its refining capabilities. It is anticipated that the project will increase country refining capacity by 65%, to 1.5 million barrels per day by 2025. The United Arab Emirates Government is, however, anticipated to change oil and gas investment to increase domestic and alternative energy investments that are likely to hinder demand growth over the forecast period...

UAE'S ECONOMY RECOVERING FASTEST POST-COVID-19

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UAE is coming up as one of the strongest and diverse economies in the world. They are recovering fast and sustainably with a long-term plan in the process. The Ruler of Dubai, Sheikh Mohammed, believes and boasts about the growth in the country's revenue stream and the golden future it holds. This statement comes after he chaired a meeting with the Ministry of Economics’ task force to review post-COVID-19 recovery plans. This meeting was attended was various important dignitaries and ministers of the cou ntry. Sheikh Mohammed, the Vice-President, Prime Minister of the UAE and Ruler of Dubai, was briefed about the plan for the recovery of the economy named "The Fifty economic plan" that talks about the project next one decade and the critical outcomes by 2030. The plan's critical aspects were presented to the ministry, along with the outline of a detailed plan. The country is moving towards a well-integrated, competitive economy that has a proactive and positive stan...

Tap into Dubai’s green energy market

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The market keeps on changing with the on-going trends and demands of generation. Being the leader in crude oil, Dubai has now decided to change its course and invest more in green energy. The earth is now moving closer to global warming at an alarmingly fast pace, which is highly concerning for all the obvious reasons.    After meeting MENA countries and the global summit on global warming, the countries agreed on lowering the consumption of non-green energy and depending more on green energy. And in this scenario, the UAE is again emerging as the leader, committed towards the cause more than any other Middle East country.    What’s undoubtedly apparent is that the local government is alone not enough for the cause, but there need to be more players in the field to make this vision come true. With an investment of more than a few million dollars in setting up the solar energy plant, UAE has opened the market for various business moguls to invest in and take the c...

Dubai Real Estate Market on a rise

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Dubai has become a melting pot of societies and culture with people migrating from over 200 countries to reside in the beautiful city. With the ever-increasing population in the city, the real estate has become a hot investment. If we look at the data from 2008 to 2018, there has been an increase of 86% in the population. A lot of housing projects are already underway to accommodate such high growth in population, making real estate grow many folds with savvy investors. Dubai is coming up as the smartest city in the world with innovations coming up and bringing a higher rate of return of investment. Home to the tallest building Burj Khalifa, the city is attracting huge masses as a tourist as well as dwellers. No one can deny that with such a rapid increase in population, there are requirements for establishments such as shopping malls, hospitals, hotels and even houses. This is coming up as an excellent opportunity for people to buy properties in the city. Sheikh Umar Farooq Zahoor...

The new beginning of Hajj 2020 amidst social distancing

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After the outbreak of Novel Corona Virus, the countries were shut down, and people were asked to stay quarantined. The malls were closed, schools, movie theatres and the pilgrims and shrines. People were asked to maintain social distancing and to avoid travelling or going out to even office. Millions of tickets were cancelled because of the pandemic. And one amongst any was Hajj 2020 . Hajj is a holy pilgrimage of the Muslim community . People go there to offer their prayers. This year even the sacred shrine of Mecca and Medina was also closed for pilgrims to avoid the deadly outbreak. It made people upset, but everyone was already aware of why it was necessary. The numbers of infected people have drastically decreased now in some of the worse affected regions, and people are returning to their healthy lives, slowly but definitely. And there has been as the announcement that Hajj 2020 has commenced again. People can now back go for Hajj but must follow strict social distancing rule...

Cases against Umar Farooq Zahoor proven False!

Umar Farooq Zahoor , a Pakistani businessman, born in Norway and currently living in the United Arab Emirates ( UAE), is seeking lawyers to take legal action against a Turkish businessman, Erhan Kanioglulari, who threatened him with usurping his money and filed a fake complaint against him at the Maidan Artillery Police Station in Karachi. According to UmarFarooq Zahoor , the Turkish man had forced the public servants to use their lawful powers to the applicant's enquiry by lodging a false complaint against him. He alleged that the crime of giving false information to the police was punishable under Section 182 PPC and that the accused had committed a convicted felony punishable under section-389 PPC. The Turkish national had also moved Umar Farooq Zahoor against the National Accountability Bureau (NAB) was also moved against Umar Farooq Zahoor by the Turkish International. The office launched an investigation into the case, and later a NAB court exonerated the Pakistan...

Future of Renewable energy and power in UAE and Umar Farooq’s take on it.

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Sustainability today is transformed by a practice that captures the imagination of the world, particularly Dubai, which now offers those entrepreneurs who want to create a healthier, stronger and more meaningful world a mine of start-up opportunities. The pursuit of Dubai's sustainable development took a big step forward when the UAE Vice President and prime minister and ruler of Dubai, His Highness Sheik Mohammed bin Rashid Al Maktoum, unveiled an energy strategy for 2050 in 2015, which is a plan to transform Dubai into a global center for renewable energies and a green economy. Green energy enthusiast and one of the businessman and philanthropist of UAE and Dubai Umar Farooq said that the aim is to create sustainable industries irrespective of non-renewable energy sources. Furthermore, Etihad Energy Services Company has been established by DEWA, which offers promising investment opportunities to energy efficient companies It is also working to refurbish 30,000 homes an...

The ever helping Philanthropist-Umar Farooq Zahoor

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Umar Farooq Zahoor , Pakistani- Norwegian businessman in Dubai who is an entrepreneur, investor and philanthropist, is one of those individuals who have been able to empathize with the plight of daily wagers and migrant workers because of his journey to a successful businessman. Distributing foods to the poor, giving out seasonal clothing, providing fresh water to drink and various other necessities are some of the ways that Sheikh Umar Farooq Zahoor contributes toward humanity. Umar Farooq Zahoor He loves children and makes sure that he can provide them a good education. He has helped and assisted many children whose family was unable to afford it. He also understands the tough situation that poor children all around the world live in. He understand their pain and the hardships they have to get basic needs such as food and elementary education. This is the reason he prioritizes helping them and makes it his utmost priority. Umar Farooq Zahoor has helped in providing high-q...

Sheikh Umar Farooq Zahoor: Dubai’s most eminent personality

SheikhUmar Farooq Zahoor , at present, is one of the most important and successful personalities in Dubai. An industrialist and investor by profession, he’s also a philanthropist in his spare time. Mr. Umar Farooq Zahoor tasted success at a very young age and since then never looked back. He was born in a very successful business family holding strong ethics and grounded to their roots in 1975, Oslo. Seeing his father dealing with the business, he soon also grew interested in said. His first experiment was opening a travel company which no one expected to be a great success. But it was his risk-taking nature and sharp mind that led him towards a successful future as an industrialist. Starting his career from a scratch, he soon built his own empire this is what may led him to be a humble and grounded person. His first company and his family’s roots into success and the struggle they faced to become what they’re today, made him understand the struggle, complexities, and intricacie...

The man who harnessed kindness and love

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A Norwegian-Pakistani businessman is taking region by the storm these days. Sheikh Umar Farooq Zahoor is larger than life figure in the eyes of the people of region. If you ask the people there, they’ll say that he is the one man who is always ready on foot to help people around.  The business magnate is one of the most influential figures in the region. If you google about him, all you’ll find is how he is changing the society and youth just by his good deeds. A philanthropist, investor, and entrepreneur, he tastes success in every business as he has a deep understanding of every trade he ventures into and does not fail to make it a profitable one.  Hailing from a happy family but not so happy childhood, Umar Farooq believes in giving back to his people and country. With his powerful belief system and access of an abundance of resources, he is always one step ahead and ready to make sure that everyone is living the quality life, one where people get food, ...

Umar Farooq Zahoor- Helping the public amidst these tough times

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Pakistani- Norwegian businessman in Dubai, Umar Farooq Zahoor who is an entrepreneur, investor and philanthropist has done a lot of social work throughout his life, especially for the under-privileged and the children. Sheikh Umar Farooq Zahoor and his team believes in providing aspiring students with financial aid based on the income of their family and their academic merit and interest. Umar Farooq Zahoor, an entrepreneur, investor and philanthropist Sheikh Umar Farooq Zahoor also wanted to focus on healthcare and contributing there in whatever way possible. He has stated “Many people who live far away from cities, have to travel more hundreds of kilometers to reach the hospital” So I wanted to ensure that those people have it easy in terms of reaching hospitals, making it accessible to these people living far away from cities.” Such a success story it has been of Umar Farooq Zahoor that along with his supporters, even his competitors are in awe of him and for many you...

Umar Farooq Zahoor: The philanthropic doing commendable social work.

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Amidst the tough times due to Covid-19, the Pakistani- Norwegian businessman in Dubai, Umar Farooq Zahoor who is an entrepreneur, investor and philanthropist has been busy helping those who are stranded in Dubai in the wake of the COVID-19 pandemic. As reported by sources, Umar Farooq Zahoor said he wasn't bothered or scared about any other thing because his priority was to get the maximum number of people to safe zones at the earliest. Umar Farooq Zahoor - an entrepreneur, investor and philanthropist  Umar FarooqZahoor is renowned for helping the needy, and had liberally supported several social causes. Mr. Zahoor has also helped other people like cleanliness workers and others, who are in service during these pandemic times through various means like providing them with proper gears and taking care of them in this difficult time. Apart from these, he was involved in giving aid for the needy in coordination with several outfits in the region. Known...

Umar Farooq Zahoor- Giving it back to the community

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Pakistani- Norwegian businessman in Dubai, Umar Farooq Zahoor who is an entrepreneur, investor and philanthropist is doing a lot of social work in Dubai, especially in current, tough times of pandemic when there is a lot of need for it. Umar Farooq Zahoor is giving back to his country and community, by launching various packages system to meet the livelihood. Philanthropy is another hallmark of Umar Farooq Zahoor , putting his belief of ‘Education provides opportunity’ to work. Umar Farooq Zahoor has also pledged to commit a considerable portion of his wealth to charitable causes. Taking inspiration from‘Giving Pledge’ a philanthropic initiative created by Bill Gates, Melinda Gates and Warren Buffet, he believes that the privileged people of the community must contribute to the society constantly and help the people through various ways of social work. His philanthropic work is aptly summarized in his words,  "My purpose in life is to serve the societ...

Umar Farooq Zahoor: In Lockdown, 2020

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COVID-19 has hit economies worldwide very badly and many countries are facing lockdown.   Dubai has also been bearing the brunt of the global pandemic.   Dubai, a popular business hub facilitating free movement of people, trade and money all across the globe is also witnessing disruptions due to closure of logistics, businesses, flights etc. The crash in global oil prices has made situation somewhat worse but vibrant economies are optimistic that they will recover once the life post COVID-19 begins. Comprehensive plans are being prepared by the government officials to help different sectors once the economies open up. Umar Farooq Zahoor At Home in Lockdown 2020 UmarFarooq Zahoor , one of the most prominent businessman in Dubai , who has investments across multiple sectors like Oil, Gas, Energy, Power, Infrastructure, Real Estate and Hospitality in many countries is hopeful that once the phase is over, things will settle down though with some delay, life will be ...

Sheikh Umar Farooq Zahoor - Vacation in Mauritius

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Mauritius is one of the most sought after tourist attraction in the world. More than a million tourists visit Mauritius every year. The sight of blue sea, sunset, palm trees and white sandy beaches attracts tourists from across the globe to this island nation. Sight of its magnificent landscapes and the rich lagoons are enthralling. In Mauritius, tourists can also practice sports like sailing, wind surfing, surfing and kitesurfing in its lagoons. Mauritius is amongst the most peaceful nations in the world and has the strongest economy amongst 47 countries in the sub-Saharan Africa region. Former Director AMERI Group, Sheikh UmarFarooq Zahoor chose Mauritius as his vacation destination.   Taking a break from his busy life he spent few days in this beautiful African nation. Umar Farooq Zahoor is a Norwegian-Pakistani businessman who has made for himself in the business world. Born in Oslo, Norway, he has come a long way to be counted as one of the most successf...