# Mahdi Al Tajir

Mohammed Mahdi Al Tajir (Arabic: محمد مهدي التاجر) (born 26 December 1931) is a Bahrana-Emirati businessman based in the United Kingdom. He was the first United Arab Emirates ambassador to the United Kingdom and non resident ambassador to France. These days Al Tajir spends much of his time at time in the UAE. He has interests in finance and property, and is most well known for his investments in Highland Spring, The Park Tower hotel (London), Arlington House the Fouquet Barriere hotel in Paris.
Al Tajir was named one of Scotland's richest men with wealth of £1.72 billion in the Sunday Times Rich List 2010.

## Life

Mohammed Mahdi Al Tajir was born in December 1931 in Bahrain, and educated at Preston Grammar School in Lancashire. Al Tajir is married with five children.
In the 1980s, he attempted to broker a peace deal in the Lebanese Civil War with his business partner Hani Salaam.
Al Tajir has an extensive collection of silver artifacts and carpets. In 1993 Al Tajir paid the record price for a piece of silver at auction, when he bought a 1736 silver chandelier made by Balthasar Friedrich Behrens for £2.27 million at Christie's in Monaco.
Al Tajir formed a joint venture with Bonhams fine art auction house to open an office in Dubai.

## Business career

Appointed head of customs in Dubai by Sheikh Rashid bin Saeed Al Maktoum, he became one of Sheikh Rashid's most trusted advisors and was made the first Ambassador of the United Arab Emirates to the United Kingdom when the UAE was founded in 1971. Under a thinly disguised name, Al Tajir's exploits as a negotiator were recorded in the 1976 novel Dubai by Robin Moore.
In 1963, Al Tajir became director of Sheikh Rashid's Petroleum affairs and effectively the most powerful man in Dubai after Sheikh Rashid himself. Al Tajir lost or resigned his position in 1981 with the downfall of Sheikh Rashid's health and the waning of his personal power, with the ascedency of Shekih Rashid's sons. Al Tajir remained UAE ambassador to the United Kingdom until 1987.
In London in the late 1960s, the Egyptian businessman Mohamed Al-Fayed was introduced to Al Tajir by Salim Abu Alwan, an Iraqi businessman. Al Tajir informed Al-Fayed that Dubai was penniless and needed to borrow £1 million for the future construction of modern harbour facilities.
By the mid 1970s Costain had gained over £280 million of contracts thanks to Al-Fayed and Al Tajir. Al Tajir's influence in Dubai was waning by 1977, and Al-Fayed was excluded from the commission process for a new aluminium smelter, and the development of Jebel Ali, putting Costain's future profits at risk. In 1993 Al-Fayed was visited at his department store Harrods by Mohammed Alabbar, the director of Dubai's Department of Economic Development. Alabbar had been appointed by Sheikh Maktoum and Al Tajir was challenged in the British courts to repay management fees earned from the construction of Dubai's aluminium smelter, and Al-Fayed was targeted over his management contract of the Dubai World Trade Centre.
Al Tajir has a family office called Tyburn Capital based in Dubai. The family office has a strong bench of experienced bankers that allow the family to operate efficiently and navigate efficiently the increasingly complex financial markets.