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In 2013, Azizi
Developments resumed the construction of projects. Presently, the company has more than 200 projects under various stages of development with a current portfolio in Dubai valued over AED 45 billion. His petroleum business Azizi Hotak Group, which was started with an initial investment
24:
280:, which he established in 2006 with $ 7.5 million in equity capital and has since reached up to $ 80 million. He is the CEO of Azizi Group of companies which was founded in 1989 with a presence in realty, banking, investment, and hospitality.
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as one of the 100 Inspiring leaders in the Middle East" in March 2018. He is regarded as one of the richest people of
Afghanistan with a monopoly in petroleum products. Azizi Developments is a Dubai-based property developer.
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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.
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was found, now the largest commercial financial institution in
Afghanistan. They also acquired Bakhtar Bank (now Islamic Bank of Afghanistan) which is regarded as one of the reputed banks in Afghanistan.
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A graduate of the
University of Tulsa, Azizi obtained an MBA in finance management from Boston-Suffolk University. After completing his studies, Farhad spent time in Europe before moving back to the UAE.
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As of 2018, he was arguably the richest person and family of
Afghani origin. He featured in the list of "
543:"Azizi Developments is finally ready to take on a 'billion-plus mixed-use iconic' project in Dubai: CEO"
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782:"Dubai's Azizi Developments orders Tesla's Cybertrucks for customer site visits | UAE News"
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487:"Farhad Azizi: 'Location has always been the key criteria for a property's desirability'"
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721:"Cityscape 2022: Azizi plans $ 15bn spending and launch of Dubai's second-tallest tower"
919:"Cityscape 2021: Azizi Developments to spend $ 2.72bn on new projects in Dubai by 2025"
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Azizi Bank currently has around 1,326 employees, 12% of whom are females. During the
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across
Afghanistan. The bank opened on June 13, 2006, and is headquartered in the
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863:"Azizi Developments breaks ground at Dubai Healthcare City's Creek Views II"
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After moving from
Afghanistan to Dubai as a young boy along with his father
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796:"Developer Azizi reveals construction rate progress across Dubai projects"
462:"Afghan female bank employees forced out of jobs as Taliban takes control"
757:"UAE developer Azizi launches new division to add Dubai retail portfolio"
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154:, some members of the Taliban escorted female employees of Azizi Bank in
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900:"Azizi Developments' ramps up construction speed at Riviera in MBR City"
640:"Azizi launches third project in Dubai Healthcare City | UAE News"
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844:"Power Hour 2021: Farhad Azizi, CEO of Azizi Developments, Ranks 11th"
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131:. It has 56 branches including extension counters and around 88
702:"100 Inspiring Leaders In The Middle EastMirwais : Azizi"
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565:"Azizi presses ahead with thousands of apartments in Dubai"
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739:"Giordano Middle East embarks on ambitious expansion plan"
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621:"Dubai developer pushes new launch despite supply worries"
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and the CEO of Azizi developments. He is the chairman of
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525:"Follow The Leader: Azizi Developments CEO Farhad Azizi"
938:"First Islamic Bank In Afghanistan Opens For Business"
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881:"Azizi Developments' Park Avenue is now 40% complete"
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975:"UAE's Azizi records $ 350m home sales at Cityscape"
655:"Build and they will come: Azizi CEO Farhad Azizi"
351:Bakhtar Bank (now as Islamic Bank of Afghanistan)
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333:List of companies/organizations owned by Azizi;
584:"2nd Afghan bank with Dubai ties defends links"
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603:"World's Best Bank Awards 2018: Asia-Pacific"
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464:. Al Arabiya Network. Reuters. 13 August 2021
1034:. Sydney Morning Herald. September 18, 2006.
994:"Azizi Investments plans 55 Dubai projects"
325:of $ 80 million, operates in 10 countries.
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673:"100 Inspiring Leaders in the Middle East"
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1032:"Life's a lottery in the new Afghanistan"
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147:is the founder and chairman of the bank.
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957:"Time to deliver for Azizi Developments"
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1022:. December 4, 2006. Archived from
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917:Khan, Sarmad (November 10, 2021).
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719:Khan, Sarmad (November 22, 2022).
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1016:"Capitalism Comes to Afghanistan"
955:Halligan, Neil (April 17, 2016).
638:Writer, Staff (August 29, 2018).
601:Gregson, Jonathan (May 1, 2018).
523:Thomas, Aby Sam (June 10, 2019).
337:Azizi Hotak General Trading Group
123:is one of the largest commercial
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992:Fenton, Suzanne (June 4, 2008).
563:Barnard, Lucy (March 30, 2015).
368:List of companies of Afghanistan
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504:Rahal, Nabila (18 Mar 2022).
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1085:. You can help Knowledge by
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152:2021 Taliban offensive
981:. September 17, 2017.
272:, one of the largest
1132:Banks of Afghanistan
850:. September 8, 2022.
745:. November 22, 2022.
627:. 11 September 2019.
437:"Annual Report 2017"
885:www.tradearabia.com
194:University of Tulsa
94:Number of employees
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343:Azizi Developments
198:Suffolk University
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442:. Azizi Bank
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419:. Retrieved
415:"Azizi Bank"
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395:. Azizi Bank
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266:entrepreneur
246:Farhad Azizi
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162:Farhad Azizi
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59:Headquarters
41:Company type
278:Afghanistan
258:billionaire
254:businessman
209:businessman
183:Afghanistan
129:Afghanistan
74:Afghanistan
36:عزیزی بانک
32:Native name
1126:Categories
829:2024-01-23
805:2024-01-23
766:2024-01-23
374:References
347:Azizi Bank
314:Azizi Bank
292:Early life
270:Azizi Bank
228:Azizi Bank
121:Azizi Bank
110:.azizibank
82:Key people
17:Azizi Bank
998:Gulf News
743:Arab News
329:Companies
200:in Boston
190:Education
54:June 2006
942:TOLOnews
683:6 August
468:10 April
446:10 April
421:10 April
399:10 April
362:See also
262:investor
213:investor
156:Kandahar
103:Website
51:Founded
45:Private
679:. 2018
308:Career
252:based
234:Father
440:(PDF)
248:is a
141:Kabul
125:banks
98:1,326
68:Kabul
1083:stub
1020:Time
685:2018
470:2022
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423:2022
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215:and
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276:in
250:UAE
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112:.af
108:www
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