World traders While the family’s activity is concentrated
in the Middle East, their business interests also span the Indian Ocean to the city they once called home—Perth. In 2017, Nest spent $50 million buying a
property bordering two of the city’s major train stations. Planning is underway to build a unique commercial, residential and entertainment precinct on the 1.9ha site, that includes a 75-storey skyscraper, tipped to transform the coastal city’s skyline. The Perth City Council estimates the planned project will bring more than AUD $100 million ($78 million) to the region each year. “Australia is very close to my heart,” Abu
Nahl says. “All my family is Australian [citizens]
except me.” The Perth precinct comes under another
of Nest’s business interests: The World Trade Center (WTC) Association. There are 330 business precincts in more than 90 countries operating under the WTC brand, including the site in Lower Manhattan that was targeted in the 9/11 terror attacks. Abu Nahl is a board member of the
association, while Nest owns WTC Cyprus. The Cyprus subsidiary in turn operates 15 business centres in the Middle East and north Africa, plus the planned Perth project. “I think it will be very helpful to
Australia,” Abu Nahl says. “It will link the business community with
all other business communities around the world. This will be very good, especially as Western Australia is more isolated, with less population, but lots of potential.”
Extended family Like many business families, the Abu
Nahls are also keen philanthropists, mainly focusing on education and health causes. When Abu Nahl meets CampdenFB, he is in London being appointed, along with Hind, to the University of Oxford’s Chancellors’ Court of Benefactors, which recognises those who give “exceptional support” to the university. This academic year, Abu Nahl is
supporting 74 law students specialising in human rights. Given his family were displaced by war when he was just a small boy, it is not hard to see why this is a cause close to his heart. “I am of Palestinian origins and I could
say we are a humble people. We never like to see anybody suffering,” he says. “[These students] will be good fighters
for human rights, and against the abuse of humiliated people.” Abu Nahl says part of the joy of doing
business is providing stability and prosperity not just for his family, but the families of his employees. Nest companies now have about 1,300
workers, but Abu Nahl expects this number to grow to more than 6,000 in “the next few years”, as Nest undertakes more property development projects. “I think whoever is working with us will
find a good experience and you could go on to work anywhere else in the world. Our employees are a target to be taken by other professional employers. “I am proud of all of this, when I see a
I am of Palest inian or igins and I could say we are a humble people. We never like to see anybody suffering
big number of families that can grow their families with stability, it is a good feeling.” But Abu Nahl says one of his proudest
achievements is accomplishing a goal he set himself as a young man in his late teens. “My brothers and sisters have all been
educated in good universities and schools. And I have children and grandchildren that are happy. I worked hard for that. My success in this was to keep my father and mother happy, because I stood with the family.”
ISSUE 72 | 2018
CAMPDENFB.COM 31
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88