The late entrepreneur Abdul Jalil Al Fahim foresaw the future of transportation in Abu Dhabi, in the early 1960s, importing the emirate’s first cars when roads were yet to be established. A trusted confidant of Sheikh Zayed bin Sultan Al Nahyan, the country’s founding President, Al Fahim laid the groundwork for what would become the Al Fahim Group, a cornerstone of UAE’s economic landscape.
Under Abdul’s leadership, the Al Fahim firm not only introduced Abu Dhabi’s early electricity and water systems but also spearheaded initiatives that shaped the nation’s infrastructure. His son, Mohammed Al Fahim, assumed the reins of the family business at the age of 20, steering it through decades of growth and diversification across real estate, hospitality, and manufacturing.
Speaking as the honorary chairman, Mohammed Al Fahim reflects on the company’s evolution: “Over the last 35 years, we’ve grown from a small enterprise to a major player, expanding our footprint across the UAE and beyond. At present, our focus remains on consolidating our existing ventures.”
Discussing the challenges facing family businesses in the UAE today, Mohammed emphasizes the critical issue of generational succession amidst changing economic landscapes and reduced governmental support. “We’ve seen rapid advancements in technology and competition,” he remarks. “To navigate this landscape, we seek continued government support to foster a conducive environment for businesses, especially as not all younger generations are inclined towards entrepreneurship.”
Al Fahim Group made history in the UAE by transitioning from a family-owned entity to a shareholding company, a move aimed at safeguarding its longevity and sustainability across generations. Mohammed underscores the significance of this transformation: “Transforming into a shareholding company was crucial to preserving our legacy beyond the first generation. We are now positioned to explore possibilities for public listing.”
Reflecting on his personal journey and the influence of Sheikh Zayed, Mohammed recalls poignant advice received during his upbringing: “Sheikh Zayed imparted invaluable wisdom on family values and business ethics, shaping my approach towards both.”
As he looks ahead, Mohammed Al Fahim advocates for future generations: “My advice to them is simple—remain committed, trustworthy, hardworking, and demonstrate integrity in all endeavors.”
