He is the founder and owner of the ISTIL Group, a diversified trading company that included a steel mill in Donetsk, which he sold in 2009 for between US$700 million and US$1 billion; a former owner of the Kyiv Post, which he sold for approximately $5 million;[citation needed] and a co-founder of the Ukrainian YUNA music awards.

[1] Since the beginning of the 2022 Russian invasion of Ukraine, Zahoor has mobilized funds and aid to evacuate Ukrainian refugees to the United Kingdom and other parts of Europe.

During his first year at NED University of Engineering and Technology in 1974, he received a scholarship to pursue higher education in the Soviet Union.

[8] In 1987, he moved to Moscow where he entered a partnership with a Thai steelmaker and ran Metalsrussia, a Hong Kong-registered trading company.

[9][10] In 2008, Zahoor sold Donetsk Steel Mill to Russian parliamentarian Vadim Varshavsky, for a sum believed to be around $1 billion.

[6] That year he bought Ukraine's oldest English language newspaper, the Kyiv Post, for $1.1 million from its founder, American-born Jed Sunden.

Mohammad Zahoor also organizes and sponsors an annual summer cricket tournament for foreigners living in Ukraine."