Why A CEO Left His Family Business To Launch A Dubai-Based Hospitality Company

Instead of joining his family’s jewelry business, Mahdi Amjad forged his own career, first in technology and then real estate. Combining the two, Amjad now leads two groups as executive chairman, Almasa Holdings, which focuses on technology distribution, software and e-Commerce; and Omniyat, a real-estate group specializing in bespoke residential partnerships with elite hotel groups. Amjad has re-defined the standard of luxury across Dubai. Omniyat’s portfolio, including the brand’s flagship properties—One at Palm Jumeirah, Dorchester Collection; Dubai, The Residences, Dorchester Collection; and Dubai, The Opus—is currently valued at over $5 billion.

How did you first get interested in the real estate industry? What are some of the signatures of

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