Watch: Dubai billionaire rides donkey in memorable 1960s photo – News
Khalaf Al Habtoor publishes a photo taken in the Buraimi region
Dubai-based billionaire Khalaf Ahmad Al Habtoor has posted a memorable photo from his childhood taken in the 1960s.
Chairman and founder of Al Habtoor Group, Al Habtoor is one of the richest and most influential people in the Gulf region.
Al Habtoor Group, founded in 1970, is one of the most respected and successful companies in the United Arab Emirates operating in the United Arab Emirates and international markets including London, Vienna, Budapest, Beirut and Springfield, Illinois.
With interests in multiple sectors, including hospitality, automotive, real estate, education, insurance and publishing, the group employs thousands of people.
Last year, the president of the group announced that some of its companies could be listed on the stock exchange.
The memorable black and white photo shows the young Al Habtoor dressed in traditional attire and sitting on a donkey with mud walls in the background.
While sharing his photo taken in the Buraimi area of Al Ain in the United Arab Emirates in the 1960s, Al Habtoor says he always believed strongly in God and was determined to achieve his dreams despite the difficult times of the time.
READ ALSO :
“I ride a donkey in the Buraimi region at the end of the sixties. Despite the simplicity and difficulty of life at that time, we never felt deprived and the motive was faith in Almighty God, belief and determination to achieve our dreams,” Al Habtoor tweeted.
Prior to the discovery of oil in the late 1950s, citizens and residents of the United Arab Emirates lived simple lives and depended on pearl fishing and trade for their livelihood. The first commercial oil was discovered in 1958 in the United Arab Emirates – onshore in the Bab-2 well and offshore in Umm Shaif. The United Arab Emirates joined OPEC in 1967.