Mirwais Azizi | |
---|---|
Born | Mirwais Azizi 1962 (age 61–62) |
Alma mater | Kabul University |
Occupation | Founder-chairman of Azizi Groups of UAE-AFG & Azizi Bank |
Years active | Since 2000 - |
Known for | Founder of Azizi Bank |
Children | 7, including Farhad Azizi and Fawad Azizi |
Family | Azizi Family |
Mirwais Azizi (born 1962) is a Dubai-based Afghan businessman. [1] [2] [3] He is the chairman of Azizi Group of companies, which he founded in 1989 with a presence in realty, banking, investment, and hospitality. [4] He is also the chairman of Azizi Bank, [5] [6] which he established in 2006 in Kabul, Afghanistan, with $7.5 million in equity capital and has since reached up to $80 million. [7]
He was featured in the list of " Arabian Business 100 Inspiring leaders in the Middle East" in March 2018. [8] [9]
He is regarded by many Afghans as Afghanistan's richest man, who handled as much as 70% of the petroleum products sold in Afghanistan, reportedly by Asia Sentinel. [10]
He was born in a family of the Azizi Pashtuns of Laghman, Afghanistan, who are a sub-clan of the larger Kheshgi tribe. [11] He graduated in law from the University of Kabul. [12] He left Afghanistan in 1988. [13] [14]
In 2007, Mirwais Azizi established Azizi Developments. [3] A year before that he founded Azizi Bank, which became one of the largest commercial financial institutions in Afghanistan. [5] He also acquired Bakhtar Bank (now Islamic Bank of Afghanistan) [15] which is one of the fastest growing banks in Afghanistan. [9]
Azizi Developments started selling off-plan properties in Dubai until the global financial crisis struck. The majority of buyers could not continue payments and Azizi instructed that their deposits be handed back. [16]
In 2013, Azizi Developments resumed the construction of projects. [17] Presently, the company has more than 200 projects under various stages of development with a current portfolio in Dubai valued over AED 45 billion. [18] The Azizi Hotak Group, which he started with an initial investment of $80 million, operates in 10 countries. [13]
He has served on the board of trustees for American University of Afghanistan, the first non-profit higher education institution in Afghanistan. [9] [12]
List of companies/organizations owned by Mirwais Azizi;
He is married to Parigul, with whom he has 7 children, including Farhad Azizi, Fawad Azizi, and Jawad Azizi. [12]
Mirwais Azizi | |
---|---|
Born | Mirwais Azizi 1962 (age 61–62) |
Alma mater | Kabul University |
Occupation | Founder-chairman of Azizi Groups of UAE-AFG & Azizi Bank |
Years active | Since 2000 - |
Known for | Founder of Azizi Bank |
Children | 7, including Farhad Azizi and Fawad Azizi |
Family | Azizi Family |
Mirwais Azizi (born 1962) is a Dubai-based Afghan businessman. [1] [2] [3] He is the chairman of Azizi Group of companies, which he founded in 1989 with a presence in realty, banking, investment, and hospitality. [4] He is also the chairman of Azizi Bank, [5] [6] which he established in 2006 in Kabul, Afghanistan, with $7.5 million in equity capital and has since reached up to $80 million. [7]
He was featured in the list of " Arabian Business 100 Inspiring leaders in the Middle East" in March 2018. [8] [9]
He is regarded by many Afghans as Afghanistan's richest man, who handled as much as 70% of the petroleum products sold in Afghanistan, reportedly by Asia Sentinel. [10]
He was born in a family of the Azizi Pashtuns of Laghman, Afghanistan, who are a sub-clan of the larger Kheshgi tribe. [11] He graduated in law from the University of Kabul. [12] He left Afghanistan in 1988. [13] [14]
In 2007, Mirwais Azizi established Azizi Developments. [3] A year before that he founded Azizi Bank, which became one of the largest commercial financial institutions in Afghanistan. [5] He also acquired Bakhtar Bank (now Islamic Bank of Afghanistan) [15] which is one of the fastest growing banks in Afghanistan. [9]
Azizi Developments started selling off-plan properties in Dubai until the global financial crisis struck. The majority of buyers could not continue payments and Azizi instructed that their deposits be handed back. [16]
In 2013, Azizi Developments resumed the construction of projects. [17] Presently, the company has more than 200 projects under various stages of development with a current portfolio in Dubai valued over AED 45 billion. [18] The Azizi Hotak Group, which he started with an initial investment of $80 million, operates in 10 countries. [13]
He has served on the board of trustees for American University of Afghanistan, the first non-profit higher education institution in Afghanistan. [9] [12]
List of companies/organizations owned by Mirwais Azizi;
He is married to Parigul, with whom he has 7 children, including Farhad Azizi, Fawad Azizi, and Jawad Azizi. [12]