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RIYADH: Dubai-based conglomerate Al Habtoor Group plans to list on the Dubai Financial Market within two years, its CEO told CNBC Arabia.
The listing the group is seeking will be determined by market conditions, Mohammed Al-Habtoor added.
The group's allocations amount to approximately 3 billion dirhams ($820 million), and approximately $3.5 billion are invested in Habtoor City, which is a Dubai mixed-use development with three hotels.
Al Habtoor Group was founded as an engineering company in the UAE in the 1970s, and today it operates in hospitality, automotive, real estate, education, and publishing.