Mohamed Bin Issa Al Jaber

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Mohamed Bin Issa Al Jaber ( Arabic محمد بن عيسى الجابر, DMG Muḥammad bin ʿĪsā al-Ǧābir , * 1959 in Jeddah ) is a Saudi - Austrian entrepreneur who is regularly in the press with his MBI International group and its investment projects.

Holdings

Mohamed Bin Issa Al Jaber is the founder, chairman and CEO of the company holding MBI International & Partners , based in London. According to information on the website, the group of companies, which operates in Europe, the Middle East, and the United States, has assets valued at over $ 9 billion.

According to the website, the following companies are part of MBI International:

  • The JJW Hotels & Resorts manages several hotels and resorts in Europe and Egypt. In Austria, JJW operates the two ring roads - Hotels Grand Hotel and Hotel The Ring .
  • The AJWA Group for Food Industries is a Middle Eastern food company with offices in Saudi Arabia and North Africa
  • Jadawel International is a real estate development company in the Middle East
  • Continentoil is an international petroleum resource management company with offices in the US and UK.
  • Al Jaber is also the founder of the MBI Al Jaber Foundation . This is a UK registered charity (Charity Reg. No. 1093439) based in London. Its aim is to cultivate and improve relationships between the Middle East and the rest of the world through educational and cultural activities.

The intrinsic value of the companies in his company holding company is estimated at over 6 billion euros. In April 2011, Al Jaber stated the equity ratio as 80% and spoke of a profit of EUR 300 million in 2010.

In 2013, Al Jaber was ranked 166th on Forbes with private assets of $ 7 billion. In April 2013, he was ranked 15th on the Sunday Times Rich List as the top Arab. In its December 2013 issue, Arabian Business magazine ranked him second among the 50 richest Arabs with a fortune of $ 12.66 billion. Radio France Internationale portrayed him as the richest Austrian in January 2010.

Participations in Austria

In 2002, Al Jaber bought the famous Grand Hotel from the Japanese airline All Nippon Airways. He later bought a former bank building on the Kärntner Ring and built the Hotel The Ring from it .

In October 2006, Al Jaber bought the Palais Corso, also located on the Ring, from the Generali Group Austria for around 70 million euros.

In 2007 Al Jaber took over 10% of the construction costs of the Vienna Tourism University Modul University Vienna , a project of the Austrian Chamber of Commerce . He also awards scholarships to students, both personally and through his foundation.

Also in 2007, JJW signed the contract for the purchase and expansion of the Hotel Palais Schwarzenberg with Magnat Real Estate. Since the project was delayed, Magnat filed a lawsuit in December 2011. A settlement payment by Al Jaber in the amount of 2.65 million euros ended the legal dispute.

In 2008, Al Jaber offered the financially troubled Austrian Airlines an investment by buying 20% ​​of the shares. In May 2008 he withdrew his offer after the publication of the negative quarterly payment and accused the managing director Alfred Ötsch of withholding the extent of Austria Airlines' financial difficulties. The auditor Herbert Heiser, who was appointed by the court as an expert in the legal dispute between Austrian and Al Jaber, agreed with Al Jaber's presumption. In his audit report he confirms that Austrian should have posted a loss of 235 million euros instead of the officially stated profit of 3.3 million euros.

From July 2008 Al Jaber was the majority owner of the Austrian ski company Kneissl and held 60% of the company shares. After Kneissl had to file for bankruptcy in February 2011, Jaber provided 1.98 million euros for the restructuring in December 2012 and offered the creditors a 20% rate. In December 2013, Al Jaber also acquired the remaining 40% of Kneissl from previous partner Simon Herrmann Huber. Kneissl is 100% owned by Al Jaber.

Company history

In 1982, Al Jaber founded Jadawel International Construction & Development . In 1989, JJW Hotels & Resorts was founded in Portugal. After the construction of the largest rice storage and processing plant in Jeddah Islamic Port in Saudi Arabia, the AJWA Group for Agro and Food Industries was founded in 1992 .

management

The media hardly differentiates between the MBI companies and the central personality MBI Al Jaber. Official communication and self-portrayal also illustrate how difficult it is to distinguish between his personal commitment and operational events.

children

Al Jaber's children Mashael Al Jaber (born 1986) and Bashayer Al Jaber (born 1990) are trustees of his philanthropic foundation, the MBI Foundation.

Planes

The 1967 Boeing 727-22 with the registration number N400RG and the 2006 Bombardier BD-700-1A11 Global 5000 with the registration number N171JJ carry the logo of MBI International & Partners and are registered with US-American trust companies.

timeline

Austria

In 2002, he made his first appearance in Austria through the purchase of the famous Grand Hotel in Vienna from the Japanese airline All Nippon Airways . He later acquired the property for the Hotel The Ring, which was also set up on the Kärntner Ring .

In October 2006 it became known that Al Jaber had acquired the Palais Corso , part of the Ringstrasse galleries , from Generali Versicherung for almost 70 million euros .

In spring 2008 Al Jaber wanted to help the financially troubled Austrian airline Austrian Airlines through investments. A participation of around 20 percent was planned. In May 2008, shortly after the poor quarterly figures of Austrian became known, he withdrew his offer because, as reported several times, he felt “fraudulently deceived” by the board of AUA and was not informed about the true economic situation of AUA. A legal battle ensued in which Al Jaber was strengthened by a judicial opinion in the summer of 2012. As the Austrian daily Die Presse reported on July 31, 2012, the auditor Herbert Heiser came to the conclusion that Austrian Airlines should have reported a loss of 205.5 million euros instead of a profit of 3.3 million euros in the sales talks in 2007. At the end of 2008 Lufthansa bought the Austrian AUA, the Austrian state was responsible for the debts. Previously, Al Jaber is said to have bid again.

In July 2008, Al Jaber took over 60 percent of the traditional Austrian sporting goods manufacturer Kneissl Holding GmbH .

In February 2009, Al Jaber announced that it would take over the majority of the catering operations from Toni Mörwald and hire him as head chef in the planned luxury hotel Palais Schwarzenberg . Nothing is known about an actual Mörwald investment, and even a year after official approval, the renovation of Palais Schwarzenberg has not yet started.

In June 2009, Al Jaber expressed an interest in TUI's “Magic Life” club hotels . In October 2010, Mohamed Bin Issa Al Jaber expressed an interest in Imperial Hotel AG .

At the beginning of 2011, Kneissl was filed for bankruptcy after another delay in payment . Shortly before the deadline, Al Jaber submitted restructuring plans for the ski company to the Innsbruck Regional Court, but canceled his promises to pay for the renovation.

In May 2011, the WirtschaftsBlatt reported exclusively that Petrus Advisers wanted to take over Al Jabers Hotels in Austria by rescheduling. Al Jaber denied such rumors that Erste Wiener Hotel AG was not for sale.

On October 4, 2011, Al Jaber surprisingly submitted an offer to buy back the Kneissl company . The day before, the creditors of the insolvent ski manufacturer had decided to sell to Kramer Elastics . In January 2012, Al Jaber succeeded in taking over the insolvent company by paying a 20 percent quota, which is now debt-free.

Due to a legal dispute with a London bank, which frozen Al Jaber's assets there and only made them accessible again on December 7, 2011 following an out-of-court settlement, the Austrian companies and holdings of MBI International will experience bottlenecks from spring 2011 Liquidity came. Al Jaber always emphasized during this time that he was not unwilling to pay. According to press reports, Al Jaber has now paid all outstanding debts. For example, he transferred all sponsorship money to the private university Modul, paid 1.98 million euros to the ski company Kneissl, fulfilled all Eurohypo's credit claims, and the real estate company Magnat's shares in the Hotel Schwarzenberg Errichtungsgesellschaft (18.8 percent) for 2.65 million euros bought back and settled all liabilities at Unicredit Bank Austria. Bank Austria then withdrew its insolvency application. Another claim from the insolvent real estate company R-Quadrat , which is demanding five million euros for its quarter share in the Hotel The Ring, is still open . According to MBI, a purchase price of three million euros was offered.

In August 2012 it became known that Al Jaber wanted to acquire a stake in the Austrian textile company Backhausen . There are also bank guarantees for this. After two failed press meetings, Al Jaber presented himself at the end of September as the savior of the traditional company in distress. He announced that he would take over the majority in Backhausen. Two weeks later, the Backhausen company had to file for bankruptcy after no payment. In an initial reaction, Andrea King assured that she would continue to stand by the agreement with the Backhausen family and continue to work on restructuring the company. According to the Wiener Zeitung, Al Jaber's holding company had committed to pay 3.2 million euros by May 30, 2012. Jaber also let the newly set grace period pass despite the promise.

International

In 2003 negotiations to take over the Holzmann subsidiary JA Jones Construction failed .

In March 2006, at a press conference in Tunis , Al Jaber announced the establishment of an MBI Tunisia Fund . Local media hailed the $ 65 million investment fund as a rescue for financially troubled hotels.

In 2007 he acquired the English hotel group The Eton Collection for 70 million pounds , which, however, had to file for bankruptcy in 2010 - with the exception of Hotels 42 The Calls in Leeds and the Scotsman in Edinburgh . The American Westmont Hospitality Group subsequently took over the Hotels the Academy , the Colonnade and Threadneedles in London as well as the Quebecs in Leeds and the Glasshouse in Edinburgh for £ 55 million. Marriott International bought the Berner's Hotel in London.

In May 2008, the international media reported, citing the United States Department of Defense , that Al Jaber might invest a billion dollars in building a tourist resort in Baghdad .

In summer 2008, Al Jaber announced that it would invest more than one billion euros in the " Tours de Levallois " real estate project. The work was stopped after alleged default in payment. The Semarelp Group was awarded EUR 20 million in damages in the ensuing legal dispute.

In October 2008, Al Jaber made headlines in France with another planned billion- dollar deal: He wanted to buy several hotels from the Starwood Group for around two billion dollars. Here, too, the failed takeover ended in litigation.

In 2011, the French media reported sales talks with B&B Hotels , a hotel chain of the Carlyle Group .

In October 2011, Al Jaber's company MBI International & Partners Inc. , based in Tortola, went bankrupt. The Bank Austria was there trying to collect receivables in the amount of 6.17 million US dollars. According to him, Al Jaber's main company MBI International , based in London, was not affected by the bankruptcy. In the same month, Bank Lloyds TSB filed for bankruptcy over the Scotsman Hotel Group .

In November 2011, Al Jaber lost a Standard Bank lawsuit for $ 150 million. Al Jaber had previously stated that he had sustained over a billion pounds in damage from frozen assets.

In 2013, JJW Hotels & Resorts took over the management of the Penina Hotel and Golf Resort and announced an extensive renovation of the Dona Filipa Hotel in Vale do Lobo, both in the Algarve .

Private life

Little is known about Al Jaber's personal life. He lives in Paris , London , Vienna and Jeddah . He is both an Austrian and a citizen of Saudi Arabia. Al Jaber is married and has two daughters and a younger son. In an interview with the Austrian daily newspaper , Al Jaber speaks of a modest lifestyle: “I drive a five-year-old car that I bought for 40,000 euros. My watch is 10 years old - I bought it for 150 euros at the airport. ”Al Jaber presented himself less modestly in a documentary on the Discovery Channel , for which he took a camera team through a villa in Jeddah , worth 35 million .US dollars was specified, leads.

On his website, Al Jaber describes himself as a “self-made businessman” and philanthropist . In reports and press releases from his companies, Al Jaber is often referred to as a sheikh . Other names in the press range from “oil millionaire” to “building lion from Dubai”.

In September 2012, Al Jaber acted as a mediator in the " Arab Spring " and was involved in the negotiations for the extradition of the Libyan ex-secret service chief Abdullah as-Sanusi to Libya. Further details were not disclosed.

philanthropy

Al Jaber is the founder of the MBI Al Jaber Foundation in London and made headlines here with the award of scholarships. According to his information, the foundation had spent more than EUR 100 million on charity purposes by 2011. The Al Jaber Foundation has received international awards for its philanthropic work. In 2004, Al Jaber was made an honorary doctorate from the University of Westminster . The Foundation has made a budget of one million euros available to promote intercultural dialogue in the Euro-Mediterranean region. The foundation is also active in Austria and, according to its own statements, has supported various cultural, scientific and sports facilities with an estimated 6 million euros since 2007.

On March 18, 2005, he was appointed special envoy of UNESCO in Paris in order to spread the values ​​of democracy, tolerance and human rights and to promote intercultural dialogue with his activities. The following November he was awarded the gold medal by the then French tourism minister Léon Bertrand , as he would make a great contribution to peace and tolerance by promoting the education of Arabs.

Together with the UNESCO Commission , the MBI Al Jaber Foundation held an international conference on the European-Arab dialogue on May 31 and June 1, 2012 in Vienna. Participants were representatives from 48 European and 19 Arab countries. They discussed new possibilities and innovative measures for the further development of cooperation in the fields of education, culture, science and communication. The European-Arab dialogue is to be strengthened, above all by promoting tolerance and mutual respect. In February 2013 the Foundation announced a joint program with UNESCO to support education in Yemen. Al Jaber's book Yes, the Arabs can too , published in Arabic in 2009, was also published in English in September 2013. The book offers a view from an Arab perspective on the changes in the region from an economic and social perspective. The MBI Al Jaber Foundation opened a media training institute in Sana'a, Yemen in 2013, offering free courses in all types of journalism. Since 2014, the MBI Al Jaber building at SOAS , University of London, has housed the London Middle East Institute.

Austrian citizenship and gold medal

In 2007, Al Jaber was granted Austrian citizenship. In the same year he invested around ten percent of the construction costs of the Vienna private tourism university Modul University Vienna , the remaining shares of which are held by the Chamber of Commerce and which started operations in autumn 2007. The news magazine Profil reported in 2008 that he was granted citizenship by a Council of Ministers decision after a series of investment commitments.

In February 2009, Michael Häupl awarded Al Jaber the Gold Medal for Services to the State of Vienna . In September 2009, Al Jaber founded the Michael Häupl Förderungsfonds , which promotes training in tourism through grants.

Awards

In 2008 the Vienna Trialog Institute named Al Jaber as "Person of the Year 2008" for his interreligious engagement. Laudator Karl Blecha , former Austrian Minister of the Interior and President of the Society for Austrian-Arab Relations, emphasized Al Jaber's work as an "interreligious bridge builder".

Al Jaber holds the following honors:

  • Honorary Senator of MODUL University Vienna (2013)
  • Honorary Fellowship of UCL, London (2012)
  • Honorary Fellowship of Corpus Christi College, Oxford (2009)
  • Honorary Doctorate from City University, London (2004)
  • Honorary Doctorate from the University of Westminster (2004)
  • Honorary Fellowship of the London University at the School of Oriental and African Studies (2002)

Critical reporting

Mohamed Bin Issa Al Jaber and his companies made headlines more and more in connection with legal disputes and financial difficulties after press releases from 2010. After the spectacular failure of the Tours de Levallois engagement and a warning procedure initiated by the JJW Group in France at the Paris Commercial Court , the hotels belonging to the Median and Stars brands were to be sold in order to get financial problems under control.

In the course of the Kneissl bankruptcy and other publicized delays, the Austrian media increasingly questioned the entrepreneur's liquidity. The weekly magazine Format had already reported in October 2010 on difficult business, the financial situation of Erste Wiener Hotel AG and the legal dispute with Starwood . Scheinreich was the headline of the news magazine Profil in April 2011.

In addition, execution plans on the part of Bank Austria became known. The Chamber of Commerce had given Al Jaber, as the 90% owner of the Module University Vienna, an ultimatum after failing to pay, and filed a lawsuit in July 2011. Al Jaber himself had denied rumors of financial difficulties several times.

After critical reports had accumulated, Al Jaber sensed a negative campaign against him. Al Jaber hired a lawyer to examine the reports, which were perceived as grossly one-sided and damaging to credit, more intensively and, if necessary, to take legal action. At the same time he announced further investments in Austria.

A climax of the criticism was finally found in the statements of the Kneissl managing director Andreas Gebauer , who had been loyal up to then and who apparently accused Al Jaber of apparently believing he could play Monopoly in Austria after the final failure of the Kneissl renovation . and , in his opinion, to have built his own truth Gebauer gave the dubious letters of confirmation from the then RBS Coutts Bank about unsettled bank transfers by Al Jabers to the press, whereupon the responsible bank manager lost his job.

AJWA Group for Food Industries

As Reuters announced on January 1, 2011, a court in Egypt reportedly sentenced Al Jaber to two years' imprisonment and a fine of the equivalent of € 264,000 in absentia. Al Jaber was accused of document falsification and share price manipulation in his role as a board member of AJWA Group for Food Industries . In an interview, he firmly denied any wrongdoing and announced his appeal. In May 2011, the prison sentence was lifted, but the fines were not. When they had not yet been paid in February 2012, the attorney general ordered the Al Jaber family's assets to be frozen. In February 2013, Al Jaber was acquitted of all charges by the Supreme Court of Appeals after an investigation found that company employees had forged the documents.

Human Rights Watch

From 2010 to 2012, Jadawel International was listed in Human Rights Watch's reports on restrictive residence regulations for foreign workers in Saudi Arabia . The company is no longer mentioned in the 2013 World Report of the human rights organization.

Austrian Airlines

The Austrian Airlines announced after the failed investment in 2008 to a damages suit against Al Jaber, prompting Al Jaber himself responded with a lawsuit. Al Jaber countered the amount in dispute of 5 million euros brought in by the AUA with a calculation of 150 million euros. After fee disputes, Al Jaber's law firm resigned during the proceedings.

Kneissl

Kneissl had to file for bankruptcy on February 8, 2011 after a capital injection by Mohamed Bin Issa Al Jaber that had not been made several times. In a first statement, managing director Andreas Gebauer spoke of a legal claim against Al Jaber. Al Jaber himself stated in a press release that his advisors had already advised against a bank transfer the week before and again promised 1.2 million euros for March 31, 2011.

On April 22, 2011, Al Jaber submitted restructuring plans for the ski manufacturer to the Innsbruck Regional Court before the last deadline. The creditors agreed to a corresponding restructuring. Al Jaber announced a new start for Kneissl. He was supposed to deposit 2.125 million euros into an escrow account of the water manager by June 15, 2011.

Although Al Jaber reported through his spokesman that he had paid, this payment did not arrive either. The traditional Tyrolean company is now being liquidated. There was no explanation.

While Bank Austria , the main creditor with whom Al Jaber wanted to come to an agreement, stated that he had never conducted serious negotiations about Kneissl, Al Jaber reportedly sent Echo magazine a week after the deadline that the promised money was on its way . There are also contradicting information about the sum invested so far: Al Jaber states that he has invested around 5 million euros in the company since he became involved in Kneissl. The Tiroler Tageszeitung made the claim that Al Jaber had not paid a cent for the purchase of the Kneissl shares in 2008 to this day. Andreas Gebauer put the money flowed for Kneissl at a total of 4.5 million euros.

At the beginning of October 2012, the complete takeover of the company was still not completed.

Hotel in the Palais Schwarzenberg

Al Jaber wanted to invest 100 million euros in his planned hotel in Palais Schwarzenberg . However, the start of construction was repeatedly delayed, although a building permit had been in place since 2009.

In February 2011, the News magazine reported that the project was in danger of failing by the end of March without paying 20 million euros. The contract with Al Jaber's group of companies was unilaterally terminated in April 2011 after the payment was not made. Al Jaber himself denied rumors of financial problems and remained convinced that the planned hotel would open in 2013. According to the Wirtschaftsblatt, a transfer should have been made at the end of April 2011, which secures the building rights. In June 2011, Magnat Asset Management GmbH, which previously held 25.1% of JJW Hotel im Palais Schwarzenberg Betriebsgesellschaft mbH, announced that it was leaving.

Hotel The Ring

After the insolvency of the 25.1% shareholder R-Quadrat Capital Alpha GmbH in the operating company of the hotel The Ring , Al Jaber had to take over its shares. Although Al Jaber had announced in a press release in March 2011 that he would buy back the shares for a specific purchase price of 5.6 million euros, his spokesman later justified the lack of payment by saying that an offer had not been accepted. The law firm PHH Prochaska Heine Havranek, representing the R-Quadrat Group, announced that it would present the facts to the Vienna Public Prosecutor.

Web links

Individual evidence

  1. Spelling of his name according to: "Founder's Profile: Mohamed Bin Issa Al Jaber" , mbiinternational.com, accessed on August 12, 2019.
  2. MBI International & Partners
  3. JJW Hotels & Resorts
  4. Continentoil
  5. ^ MBI Al Jaber Foundation
  6. Al Jaber's construction sites remain open ( Memento from May 5, 2011 in the Internet Archive ) in Wirtschaftsblatt from May 2, 2011
  7. ^ "Profile": Mohamed Al Jaber denies financial difficulties from April 21, 2011
  8. Mohamed Bin Issa Al Jaber - Profiles in Forbes Magazine as of March 2013
  9. Rich List 2013 in The Sunday Times, April 7, 2013
  10. Top 10 richest Arabs in UK share $ 17.5 billion fortune at al-Arabiya on April 22, 2013
  11. arabianbusiness.com
  12. Travail de mémoire / Mohamed Bin Issa Al Jaber  ( page no longer available , search in web archivesInfo: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice. on Radio France Internationale from January 27, 2010@1@ 2Template: Dead Link / www.rfi.fr  
  13. Irina Frühmann: Sheikh buys Palais Corso ( Memento from December 5, 2015 in the Internet Archive ) Wirtschaftsblatt , October 5, 2006
  14. Magdalena Klemun: Starting shot for private tourism university ( Memento from August 22, 2018 in the Internet Archive ) Die Presse , July 11, 2007
  15. a b Sheikh Mohamed Bin Issa Al Jaber awarded as Honorary Senator of MODUL University Vienna on modul.ac.at from October 25, 2013
  16. Sheikh Al Jaber pays 2.65 million euros for dispute settlement ( Memento from January 22, 2015 in the Internet Archive ), Wirtschaftsblatt , December 14, 2011
  17. ^ Hotel Schwarzenberg: But no money from Al Jaber? , The Press , April 24, 2011
  18. Mohamed Al Jaber cancels engagement ( memento of the original from December 3, 2013 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , Austrian aviation.net , May 3, 2008 @1@ 2Template: Webachiv / IABot / austrianaviation.net
  19. ^ AUA balance sheet: Auditor discovers inconsistencies in Die Presse from July 31, 2012
  20. Money to Kneissl: Sheikh Al Jaber cleans up , Die Presse , February 9, 2012
  21. Beate Troger: Kneissl saved, sheik's renovation accepted ( memento of December 3, 2013 in the Internet Archive ), Tiroler Tageszeitung , January 26, 2012
  22. Kneissl ski company is 100 percent owned by Al Jaber , Die Presse , December 5, 2013
  23. Patron and Trustees on mbifoundation.com
  24. Aircraft Registration (N400RG) on flightaware.com
  25. Aircraft Registration (N171J) on flightaware.com
  26. Sheikh buys Palais Corso ( Memento from December 5, 2015 in the Internet Archive ) in Wirtschaftsblatt from October 5, 2010
  27. Aviation: Al-Jaber sued AUA for 30 million euros at Die Presse on May 19, 2010
  28. ^ AUA balance sheet: Auditor discovers inconsistencies in Die Presse from July 31, 2012
  29. Lufthansa buys Austrian Airlines in Die Welt on November 13, 2008
  30. Rumored: Al Jaber offers again in Der Standard from August 27, 2008
  31. A sheikh for Mörwald: major investor Al Jaber joins Nobelgastronomie e . In: Format.at , accessed on January 10, 2011.
  32. Hotel Schwarzenberg is waiting for Sheikh
  33. Sheikh in shopping fever: Al Jaber interested in TUI subsidiary Magic Life Clubs . In: Format.at , accessed on January 10, 2011.
  34. Sheikh Al Jaber interested in Imperial Hotel AG
  35. Petrus Advisers wants to buy hotels from Sheikh Al Jaber ( Memento from September 6, 2016 in the Internet Archive ) in Wirtschaftsblatt from May 15, 2011
  36. Sheikh Al Jaber wants to buy back Kneissl in Die Presse on October 6, 2011
  37. Kneissl belongs to Al Jaber again on ORF from January 25, 2011
  38. " Thanks to Kreisky, Austria has conquered a place in the hearts of the Arabs" in Format on June 2, 2012
  39. Al Jaber transfers 1.98 million euros for Kneissl ( Memento of the original from December 12, 2013 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. for format of January 9, 2012 @1@ 2Template: Webachiv / IABot / www.format.at
  40. Al Jaber's source of money is bubbling up again in the courier archive of December 17, 2011
  41. ^ R-squared trustee sued Al-Jaber at Der Standard on September 11, 2012
  42. Backhausen: In close contact with Al Jaber at Kurier on August 27, 2012
  43. Backhausen: Al Jaber fools traditional house in Die Presse from September 24, 2012
  44. Al Jaber gets Backhausen from Kurier on September 27, 2012
  45. ^ Next traditional company left by Al Jaber at kröne.at on October 10, 2012
  46. MBI International sticks to Backhausen at APA-OTS from October 10, 2012
  47. Al Jaber did not pay 2.85 million euros, Backhausen went bankrupt at Wiener Zeitung on October 10, 2012
  48. ^ Al Jaber did not pay Backhausen again. In: derStandard.at. October 19, 2012, accessed December 12, 2017 .
  49. Sale of Holzmann's US subsidiary postponed . In: Handelsblatt.com , accessed on January 10, 2011.
  50. Creation of $ 65m MBI Tunisia investment fund announced on magharebia.com on March 10, 2006
  51. caterersearch.com: Eton Group bought out of administration ( Memento of the original from February 3, 2011 in the Internet Archive ) Info: The @1@ 2Template: Webachiv / IABot / www.caterersearch.com archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice. , accessed February 4, 2011.
  52. Upmarket hotels group Eton collapses ( Memento of the original from January 10, 2011 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. at standard.co.uk on June 10, 2010 @1@ 2Template: Webachiv / IABot / www.thisislondon.co.uk
  53. Bernershotel in London for sale for £ 60m ( Memento of the original from October 12, 2010 in the Internet Archive ) Info: The archive link has been inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.caterersearch.com
  54. ^ Eton Group bought out of administration on December 15, 2010
  55. Bientôt, vos vacances de rêve à Baghdad on voltairenet.org of May 6, 2008
  56. MBI International invests over 1 billion euros in two towers in Paris ( Memento from March 3, 2009 in the Internet Archive )
  57. Tours de Levallois project seeks new investors on propertyeu.info from March 8, 2011
  58. Le projet des Tours Levallois à la recherche de nouveaux investisseurs of February 11, 2011
  59. ^ Saudi group in $ 2 bln hotel deal with Starwood-paper of October 26, 2008
  60. B&B, Carlyle May Buy 25 JJW France Hotels, Les Echos Reports of March 1, 2011
  61. ^ Wiener Zeitung: Al Jaber's mailbox company is bankrupt , accessed on October 28, 2011
  62. ^ Profil.at: Inkasso in Tortola , accessed on October 28, 2011
  63. insidermedia.com: Buyer sought for 42 The Calls Hotel , accessed December 2, 2011
  64. gulfnews.com:Bank wins UK case against Saudi billionaire, accessed October 28, 2011
  65. arabianbusiness.com: UK dispute cost me $ 1.6bn, says Saudi's Al Jaber , accessed October 29, 2011
  66. arabianbusiness.com
  67. yourgolftravel.com
  68. Kneissl: The trustee is now in charge. In: oesterreich.orf.at. February 9, 2011, accessed November 24, 2017 .
  69. ^ Wiener Zeitung : Austro-Sheikh with many construction sites , March 21, 2011 (accessed November 14, 2013)
  70. money.oe24.at
  71. Richest People of Middle East 4 of 5 . Youtube video from January 24, 2008
  72. ^ Sheikh Mohamed Bin Issa Al Jaber . In: AJWA Group , accessed January 10, 2011.
  73. ↑ The Kneissl boss is certain: “The sheikh pays” . In: DerStandard.at , accessed on January 10, 2011.
  74. He rules an empire of construction companies, oil companies and luxury hotels and also likes to show himself as a benefactor.
  75. The whole FIRST interview with the oil millionaire
  76. diepresse.com: Baulöwe from Dubai buys ANA hotel , accessed on February 4, 2011
  77. Al Jaber involved in the extradition of Senussi. In: derStandard.at. September 7, 2012, accessed December 12, 2017 .
  78. نائب رئيس الوزراء الليبي: "طرف ثالث سعودي شارك في مفاوضات تسليم السنوسي" of July 9, 2012
  79. ^ MBI Foundation - Scholarships
  80. Waiting for money for tourism grants. In: oesterreich.orf.at. February 15, 2011, accessed November 24, 2017 .
  81. Al Jaber: "I'm not a speculator" on money.at from April 23, 2011
  82. Sheikh Mohamed Bin Issa Al Jaber awarded the "Honorary Fellowship" of the University College London on ots.at on September 6, 2012
  83. Archived copy ( Memento of the original dated August 14, 2009 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.ameinfo.com
  84. Archived copy ( Memento of the original from October 10, 2008 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.ameinfo.com
  85. Strengthening the European-Arab dialogue on ots.at of June 5, 2012
  86. UNESCO and MBI Al Jaber Foundation Join Forces for Education in Yemen on unesco.org from February 7, 2012
  87. ^ The MBI Al Jaber Foundation supports the work of Human Rights Watch in the Arab World, September 18, 2014
  88. The MBI Al Jaber Foundation founds Institute for Journalism in Yemen on ots.at on December 21, 2013
  89. soas.ac.uk
  90. Only after a series of investments, including the Vienna city center hotels The Ring and Schwarzenberg as well as the Palais Corso and the Modul tourism school, was Al Jaber granted citizenship in November 2007 by resolution of the Council of Ministers.
  91. wien.gv.at
  92. TheMayor of Vienna, Michael Haeupl, gives Gold Medal to Mohamed Bin Issa Al Jaber ( Memento of the original from July 14, 2011 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. . In: mbialjaber.com , accessed January 10, 2011. @1@ 2Template: Webachiv / IABot / www.mbialjaber.com
  93. Presentation of Dr. Michael Häupl Förderungsfonds in the Vienna City Hall ( Memento of the original from August 21, 2011 in the Internet Archive ) Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice. . In: www.mbialjaber.com , accessed on January 10, 2011. In: Der Standard , accessed on December 2, 2010. @1@ 2Template: Webachiv / IABot / www.mbialjaber.com
  94. Al Jaber named "Brückbauer" . In: orf.at , accessed on June 25, 2008.
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  96. ^ Emeritus, Honorary and Foundation Fellows
  97. ^ Honorary graduates A – Z
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  103. Sheikh Al Jaber has not had a golden hand lately . In: Format , accessed December 2, 2010.
  104. A sheik who is pounded with tomatoes . In: Die Presse , accessed December 2, 2010.
  105. "Scheinreich: Affair. The Saudi-Austrian businessman Mohamed Bin Issa Al Jaber has a bad habit. Although his fortune is estimated at several billion euros, he pays his bills only very selectively" . In: BinderGroesswang.at , accessed on June 27, 2011
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  113. Sheikh Al Jaber wants to invest even more. In: derStandard.at. April 25, 2011. Retrieved December 12, 2017 .
  114. "Al Jaber's promises are not worth the paper they are on, Kneissl is in good company in this regard. Apparently, Al Jaber believes he can play Monopoly in Austria," explains Kneissl managing director Andreas Gebauer. In: ots.at , accessed on June 26, 2011.
  115. "Sheikh Al Jaber has denied reality." . In: ots.at , accessed on June 26, 2011.
  116. Al Jaber's bank manager has lost his job . In: diepresse.com , accessed on August 13, 2011.
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  130. 150 million Euro damages & no shares: AUA is preparing for lawsuit against Al Jaber . In: NEWS , accessed December 2, 2010.
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  132. ↑ Hindered investor Al Jaber sues AUA . In: Der Standard , accessed December 2, 2010.
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  135. ↑ Late payment: everyone is waiting for the sheikh
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  137. ots.at
  138. “We will use the opportunity we have now been given to completely excuse Kneissl for the first time in many years. As the future sole owner, I have a great responsibility. With the acceptance of our restructuring plans, all the prerequisites for a restart of this great Tyrolean brand are in place, ”explains Sheikh Al Jaber. ots.at , accessed on June 9, 2011.
  139. Kneissl renaissance depends on Al-Jaber millions . In: DiePresse.com , accessed on June 9, 2011.
  140. Kneissl renovation failed: No money from Al Jaber . In: DiePresse.com , accessed on June 15, 2011.
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  142. To date, he has not paid a cent to buy the Kneissl shares three years ago. . In: TT.com , accessed June 26, 2011.
  143. tt.com
  144. Jalloul is now forecasting the start of construction in “March or April”.
  145. Palais Schwarzenberg: "The most beautiful house in Europe"
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  147. Wait again until the sheikh pays. In: derStandard.at. February 25, 2011, accessed December 21, 2017 .
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  149. ^ Hotel Schwarzenberg: Volksbanks terminate contract with the Saudi-Austrian businessman
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  154. ^ "R-square bankruptcy: Al Jaber did not pay" ( Memento from May 14, 2011 in the Internet Archive ), Wiener Zeitung , May 6, 2011.
  155. "Our site has made an offer. It was not accepted, ”said a spokesman for Al Jabers to the“ courier ”. In: SolidBau.at , accessed on June 9, 2011.
  156. Deadlines without a solution - The financial difficulties of the investor Mohamed Bin Issa Al Jaber should soon occupy the judiciary. ( Memento of the original from December 12, 2013 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. In: Profil / phh.at , accessed on June 27, 2011. @1@ 2Template: Webachiv / IABot / www.phh.at