UAE-based Al Habtoor Group has denied any links to Rashid Al Habtoor and his company Al Habtoor Trading Enterprises (HTE) and affiliates.

 

Founded by the Chairman Khalaf Ahmad Al Habtoor, the leading business conglomerate is today globally recognised through its involvement in the hotel, automotive, real estate, education, and insurance sectors. The Al Habtoor Group today operates in the UAE and international markets. 

 

In an official statement released to the media, the Habtoor Group said all its divisions, including Habtoor Hospitality AKA Habtoor Hotels, have no link or relationship of any kind with HTE.

 

A spokesperson for the group said: "We feel obligated to clarify that Al Habtoor Group and Rashid Al Habtoor are two separate entities. We want to make clear to anyone that might have the impression that the two are linked, that they are not in any way connected."

 

"Any actions or business decisions taken by Rashid Al Habtoor, and or Al Habtoor Trading Enterprises or any of their associates are their sole responsibility, and Al Habtoor Group is not liable under any circumstance for any damages or liabilities arising directly or indirectly from Rashid Al Habtoor and Al Habtoor Trading Enterprises business ventures," he added.-TradeArabia News Service