ENSHAA was established with the vision to develop premium-quality commercial, residential and hospitality projects in the United Arab Emirates. Since then, ENSHAA has experienced impressive growth and emerged as one of the region’s premier developers, and is poised to be a strong force in the hospitality industry.
The company’s major shareholders include Majid Al Futtaim Group, Emirates Investments Group and Abraaj Capital.
ENSHAA currently operates in the Middle East and is expanding into Asian markets, including China and India, through a growing portfolio of carefully conceived projects. The company has formed a number of successful joint venture partnerships with prestigious local and foreign companies, and its portfolio includes Palazzo Versace Dubai, D1 residential tower and Emirates Financial Towers.
ENSHAA is the majority shareholder of Dubai based Kele Contracting LLC, regional contractors specializing in high-rise construction, and is the owner of Signature Clubs, the developers of a growing list of Capital Clubs in Dubai, Bahrain and East Africa.
“The UAE continues to be an engine of growth. Dubai’s largest firms – the ones with strong governance and strategic planning are driving the market in a positive and sustainable direction. Beyond the UAE, regional successes are buttressing the reputation of the Middle East: the awarding of the 2022 World Cup to Qatar, Dubai’s hosting of the Expo 2020, and countless extraordinary Saudi infrastructure projects are all combining to keep our region at the forefront of overseas investors’ minds.
We look forward to good times ahead. The key to thriving is having the people and practices in place to be able to function in the tough times as well as the easy. We are confident that the past year has been well used, with a prudent and patient approach which will – literally as well as figuratively – “pay dividends”.
As we enter our next exciting chapter, ENSHAA is confident of being exceptionally well placed to capitalise on opportunities, and to show that both this region and ENSHAA are capable of anything”.
Tariq Bin Faisal Al Qassimi
Diverse teams working together toward a unified goal and generating the best results. Our team structure provides opportunities to impact the direction of the organization and to gain broader perspectives to help evolve its full potential.
We conduct business honestly and transparently, passing the test of public scrutiny. We maintain high ethical standards and require absolute integrity in all our dealings with clients, partners, competitors and each other.
We believe that the key to creating premier products is consistent innovation and quality assurance; the pursuit of quality is central to all our actions.
Trust is strengthened through personal initiative, open communication and the rapid achievement of quality results. Every job and every team member is important. We provide an environment that fosters inclusion, respect and individual responsibility.
Our success depends on superior scientific innovation. We set new standards of living and lifestyle by continuously improving all aspects of our business through the application of the latest technologies.
We operate responsibly and are sensitive to the countries, communities and environments in which we work.
November 2016 The Fashion World and UAE Royalty descend on Palazzo Versace Dubai for its glittering Grand Opening as the final parts of the property go live including its luxury Spa and some of the largest and most opulent hotel rooms on the planet. Preferred Hotels & Resorts awarded Palazzo Versace Dubai for the ‘Best New Hotel Opening’ in 2016. November also sees the opening of Q’s; a World first Jazz Bar by Enshaa in collaboration with Legendary Musician and Producer Quincy Jones.
Ashok Gopinath is a Chartered Accountant with more than 23 years of international experience, 18 of which were at the senior management level. While his expertise focuses largely on FMCG and property development, he also has specialization in financial structuring and has successfully handled IPOs from concept to issue. Prior to joining ENSHAA, he was financial controller at a successful IT-outsourcing firm in Dubai.
Emirates Investments Group LLC is an investment company in the United Arab Emirates. The dynamic investment group sources unique business development opportunities and works closely with established companies through partnerships. With an initial focus on financial services and real estate, Emirates Investments Group is expanding its portfolio with investments in the trading, industry, aviation, oil and gas sectors.
For more information please visit www.eig.ae
Established in 1992, Majid Al Futtaim Group has successfully brought the concepts of regional shopping malls and hypermarkets to the region. The vision of the Founder and President of the Majid Al Futtaim Group, Mr. Majid Al Futtaim, has changed the face of shopping, entertainment and leisure in the Middle East and North Africa.
For more information please visit www.majidalfuttaim.com
Abraaj Capital is one of the leading private equity firms in the Middle East with an investment portfolio including regional and international companies operating in financial services, air transportation, information services, retail, construction, transport products, petrochemicals and real estate.
For more information please visit www.abraaj.com
MAG Group is a joint Venture partner of ENSHAA in building Emirates Financial Towers in Dubai International Financial Centre. MAG Group achieved a leading position among property development companies with the relief of its projects and distinguished towers.
For more information please visit www.maggroup.ae