Advertisement

UAE family firm plans stronger cooperation with Hong Kong companies: Al Nasser executive

To help Hong Kong companies in the UAE, Al Nasser says it would offer support including regulatory guidance and market insights

Reading Time:2 minutes
Why you can trust SCMP
Mohamed Naser Al Zaabi of Al Nasser Holdings. Photo: Fan Chen
A top executive at Al Nasser Holdings, a prominent conglomerate based in the United Arab Emirates (UAE), said his firm would strengthen cooperation with Hong Kong companies in financial services, sustainability and aviation.

“Our strategy is to scale up those companies – scalability through the UAE, not only to look into the UAE market, but to look into the wider region,” said Mohamed Naser Al Zaabi, the former director of investment and trade promotion at the UAE’s economy ministry, in an interview on April 3.

Al Zaabi now leads Al Nasser, an Abu Dhabi-based company that is focused on energy, sustainability, construction, logistics and manufacturing. His visit to Hong Kong on April 3 was his first since the Covid-19 pandemic began, with a long-term goal to “identify global partners”, he said. He is the son of the family firm’s owner.

Advertisement

To help Hong Kong companies enter and expand in the UAE, Al Nasser said it would offer support including regulatory guidance and market insights, as well as shared services including co-working spaces and local representation.

“What we offer them is a platform to relaunch their operations from the UAE,” Al Zaabi said.

Advertisement

He said he met with financial institutions, jet services companies and a firm that focuses on recyclable packing materials.

Advertisement
Select Voice
Choose your listening speed
Get through articles 2x faster
1.25x
250 WPM
Slow
Average
Fast
1.25x