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Our Identity & Governance

We serve as the institutional foundation, ensuring absolute operational synergy, regulatory compliance, and risk controls across all subsidiaries.

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Evolution of Excellence

Our History & Milestones

Tracing our journey from a boutique advisory firm to a unified, multi-sector corporate holding.

2018: Foundation & Fiduciary

Velar Holding is established with a primary mandate to protect stakeholder value through disciplined capital allocations and strict risk assessments in off-market ventures.

2020: Velar Commercial Formed

Launch of Velar Commercial Brokerage to handle exclusive off-market land plots, oil & gas brokerage (crude and related products), and buyer representation across the GCC region.

2022: Expansion into Hospitality

Velar Hospitality is instituted, focused exclusively on brand partnerships for hotels and luxury branded residences (Jacob & Co, Elie Saab, Chopard, Brunello Cucinelli, and peers) — not hotel management.

2024: Finance House Integration

The final pillar, Velar Finance, is launched to provide structured developer credit lines and escrow systems, completing the Velar Integration Synergy model.

Executive Leadership

Our Team

Operators and deal makers guiding Velar Holding across hospitality brand partnerships, commercial brokerage, and structured finance.

Ghazal Sadat, Partner at Velar Holding
Partner

Ghazal Sadat

Ghazal Sadat has built a substantial business empire across the Middle East, expanding her entrepreneurial footprint into the F&B and wellness sectors. She has launched notable establishments and brands, including a contemporary restaurant offering modern Afghan cuisine in Dubai and Saudi Arabia, Gam—her own cosmetics and beauty line—and Gaga Clinic.

Michel Hamaty, COO of Velar Holding
COO

Michel Hamaty

Entrepreneur and international deal maker with 14+ years of experience in hospitality, finance, real estate development, and technology. CEO of MGH Holding, Managing Partner at Klyk and Velar, and Director at Insignia Bank. Trusted by developers, UHNWIs, and global brands for high-value negotiations, brand acquisitions, and transformative real estate projects.

Enrico, Partner at Velar Holding
Partner

Enrico

Founder of Venetian Enrico, an interior design studio rooted in Italian elegance and creating bespoke sanctuaries for the modern elite across Venice, Dubai, and the world. Architect, interior designer, and consultant & PMC, Enrico brings craftsmanship and refined design leadership to Velar Holding’s hospitality and real estate ventures.

Ashirwad Somani, Managing Partner of Velar Holding
Managing Partner

Ashirwad Somani

From the timeless streets of Italy to the vibrant skyline of Dubai, Ashirwad carries a legacy of artistry, craftsmanship, and passion through Venetian Enrico. For over 20 years, he has been more than a designer—curating luxury and crafting spaces that tell stories of elegance and prestige, with every detail inspired by Italy’s heritage of design and reimagined for Dubai’s cosmopolitan spirit. His journey is defined by trust and excellence, with 263+ completed projects across the GCC and around the world, and collaborations with Franck Muller Aeternitas, Franck Muller Vanguard, Ginco Properties One Residence, and Alexander Properties.

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