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2011 Construction Week Power 100: 61-70

CW's list of the most influential people working in GCC construction

RAMSAY ABBASSI
RAMSAY ABBASSI
Power 100
YOUSSEF BIN RASHED AL KHATER
YOUSSEF BIN RASHED AL KHATER
Power 100
Power 100
Power 100
Power 100
Power 100
Power 100
Power 100

2011 CONSTRUCTION WEEK POWER 100

1-10 | 11-20 | 21-30 | 31-40 | 41-50 | 51-60 | 61-7071-80 | 81-90 | 91-100

> The Power 100 - Full List

61. RAMSAY ABBASSI REGIONAL DIRECTOR MURRAY & ROBERTS

The shift in construction activity towards infrastructure in the UAE leaves one major international contractor particularly well-placed.

With a broad range of projects completed that has had a direct benefit for Dubai and Abu Dhabi, Murray & Roberts has gained a lot of ground in the market, with most of the other GCC countries in its sights for expansion.

Ramsay Abbassi has been at the helm of the South African company’s regional construction operations for almost 13 of the 20 years he has been in Abu Dhabi.

He has seen economic cycles, a building boom and steep correction, and an increasingly international marketplace alongside the time-honoured principles of working on the right projects and selecting the right people for best delivery.

The speed of the UAE capital’s development and its links to surrounding islands has been transformational in the last decade, though Abbassi adds the Emirate is just at the start, and may need to extend its 2030 economic development target.

Next: ALEXANDER JONES

2011 CONSTRUCTION WEEK POWER 100

1-10 | 11-20 | 21-30 | 31-40 | 41-50 | 51-60 | 61-7071-80 | 81-90 | 91-100

> The Power 100 - Full List

62. ALEXANDER JONES
GM
HOCHTIEF CONSTRUCTION

International construction services provider HOCHTIEF has had a presence in Qatar since 2006. The company is headquartered in Doha, Qatar.

In April 2010, HOCHTIEF Construction entered into a JV with the Lusail Real Estate Development Company, a subsidiary of the state-owned Qatari Diar. This JV provides planning and construction services not just in Qatar, but also for the foreign export market.

The company’s current main project in the emirate is the development of a brand-new city, Lusail. Due for completion in 2020, the city is designed to accommodate 200,000 people.

HOCHTIEF is also active in Qatar through its involvement with the Habtoor Leighton Group.

The company was founded in September 2007 as a merger between Al Habtoor Engineering, a major construction company in the Gulf region, and the local arm of the HOCHTIEF subsidiary Leighton Holdings (Australia) which built the Al Shaqab Equestrian Academy in Qatar.

With a sales volume of more than $1.6bn in the 2007 financial year, the group is one of the biggest construction companies in the UAE. The HOCHTIEF subsidiary Leighton has a 45% share in the group. Another 150 employees work for the Al Habtoor Leighton Group in Qatar.

Next: YOUSSEF BIN RASHED AL KHATER

2011 CONSTRUCTION WEEK POWER 100

1-10 | 11-20 | 21-30 | 31-40 | 41-50 | 51-60 | 61-7071-80 | 81-90 | 91-100

> The Power 100 - Full List

63. YOUSSEF BIN RASHED AL KHATER
CEO
BARWA REAL ESTATE

Youssef Al Khater is the ambitious CEO of Barwa Real Estate. Last year he stated that he wanted the company to become one of the most successful real estate and investment groups in the world.

With Qatar’s booming economy, the upcoming 2022 FIFA Football World Cup and a growing international portfolio as its foundations (13 countries and counting), he could be on the brink of realising that dream.

The company is playing a huge role in redeveloping Qatar. The Barwa Village in Al Wakra is now mostly occupied, while the affordable housing units of Barwa in Mesaimeer and Al Sailiya have already completed.

The $2bn deal with national carrier Qatar Airways to rent Barwa City is the biggest deal in the real-estate rental market to date, and a potent sign of Al Khater’s growing importance.

Next: SORAYA NARDFELDT

2011 CONSTRUCTION WEEK POWER 100

1-10 | 11-20 | 21-30 | 31-40 | 41-50 | 51-60 | 61-7071-80 | 81-90 | 91-100

> The Power 100 - Full List

64. SORAYA NARDFELDT
FOUNDER
RA INTERNATIONAL

Soraya Nardfeldt, the founder of RA International, describes herself as a serial entrepreneur who loves business. Her business, though, is primarily conducted in war-torn countries.

The boss of the Dubai-based company, which specialises in reconstruction assistance in conflict or post-crisis areas, is riskier than most construction jobs.

RA International is a construction, logistics and maintenance provider who understands the strategic challenges of efficiently operating in challenging and remote locations.

Evolving from early roots in Africa over 40 years ago, RA International has substantial experience providing integrated solutions and delivering comprehensive projects in post-conflict zones and developing countries and remote locations worldwide.

Headquartered in Dubai, the company began serving clients in Afghanistan in 2002 and, in the years since, has grown into a large multifaceted firm, employing over 1,000 staff from 27 different nations. Today it manages projects in such locations as Sudan, Sierra Leone, Kenya, Chad, Uganda and Somalia.

With the ability to operate in three languages, including French and Arabic, the company is involved in some of the most complex and innovative projects around the globe. Its clients range from governments to private companies.

Next: AHMAD SULEIMAN ABDULAZIZ AL RAJHI

2011 CONSTRUCTION WEEK POWER 100

1-10 | 11-20 | 21-30 | 31-40 | 41-50 | 51-60 | 61-7071-80 | 81-90 | 91-100

> The Power 100 - Full List

65. AHMAD SULEIMAN ABDULAZIZ AL RAJHI
CHAIRMAN
AL ARRAB CONTRACTING COMPANY (ACC)

Ahmad Suleiman Abdulaziz Al Rajhi’s company is now one of Saudi’s biggest contractors. It is a vital component of the Al Rajhi Group empire.

With careful guidance and vision, the company has expanded into the UAE, Qatar and Bahrain, while successfully implementing projects across education, residential, healthcare and utilities.

Perhaps Al Rajhi’s greatest acheivement has been the setting up of the visionary partnership with investors and Tameer that led to the creation of the Land Holding Company, which has invested $4.2bn in projects across the GCC.
Land Holding is close to launching the $1.6bn Ajmakan Village near Riyadh, but its most prestigious work could yet prove to be its contribution to the Qatar Pearl, such as the towers of Porto Arabia.

“At ACC we aim to exceed expectations. We do not settle for second best when it comes to the quality of our service and the satisfaction of our clients. Our dedication goes beyond contractual agreements; our personal commitment goes beyond ordinary expectations. Our ultimate goal is to be our clients’ first choice in the industry throughout the region,” comments Al Rajhi.

Next: ABDULLAH MOHAMMED AL ISSA

2011 CONSTRUCTION WEEK POWER 100

1-10 | 11-20 | 21-30 | 31-40 | 41-50 | 51-60 | 61-7071-80 | 81-90 | 91-100

> The Power 100 - Full List

66. ABDULLAH MOHAMMED AL ISSA
PRESIDENT
A.M. AL-ISSA CONSULTING ENGINEERS

Abdullah Mohammed Al Issa is the president of A.M. Al-Issa Consulting Engineers and a member of the board of Mohammed Al Issa and Sons (MASC), one of Saudi Arabia’s biggest and most influential companies.

He holds an MSc in Engineering Management from the Southern Methodist University in the US, and a BSc in Industrial Engineering from the same university. He is also chairman of the National Medical Care Company and the Cement Product industry Company. Al Issa is a member of the board of several joint stock companies, including the Arabian Cement Company, the Riyadh Hotels and Resorts Company, the Al-Khaleej Resort Company, the Saudi Hotels and Resort Areas Company and Jadwa Investments

The ties established by MASC, a holding company created by its founder more than 35 years ago, ensures the company is active in the financial, industrial, food and real-estate sectors. It recently entered the hospitality business, with Al Issa having taken a strategic decision to invest directly in several hotels in the Saudi market and internationally.

MASC has a string of five and four-star hotels in its portfolio, including collaborations with the Kempinski group of hotels and the Rocco Forte Collection.

Next: ADEL HASSAN BIN ALI AL A’ALI

2011 CONSTRUCTION WEEK POWER 100

1-10 | 11-20 | 21-30 | 31-40 | 41-50 | 51-60 | 61-7071-80 | 81-90 | 91-100

> The Power 100 - Full List

67. ADEL HASSAN BIN ALI AL A’ALI
CHAIRMAN, HAJI HASSAN GROUP

Under the guidance of Adel Hassan Bin Ali Al A’Ali as chairman, the Haji Hassan Group has ridden the recent turbulence in Bahrain to remain one of the country’s biggest heavy-duty construction and engineering companies.

The multi-faceted company spans the spectrum of Gulf industries, specialising in prefabricated cement and cement products, and construction of pipe projects, oil and gas terminals, concrete slabs, blocks and chemical facilities.

It also provides spare parts, readymix cement, asphalt, building material, reinforcement concrete, pipes tanks, and real estate services.

“The Haji Hassan Group has developed into one of Bahrain’s largest conglomerates,” comments Al A’Ali. Group companies include Haji Hassan Reinforcement, Haji Hassan ready Mix, Haji Hassan Construction, Bahrain Asphalt, Bahrain Blocks, Bahrain Pipes, Arabian Parts Company and ISOLA Chemicals. Affiliate companies are the Bahrain Precast Concrete Company, Bahrain Bulk Trade and Bahrain Rubber Company.

Next: FAHED AL WAZZAN

2011 CONSTRUCTION WEEK POWER 100

1-10 | 11-20 | 21-30 | 31-40 | 41-50 | 51-60 | 61-7071-80 | 81-90 | 91-100

> The Power 100 - Full List

68. FAHED AL WAZZAN
CHAIRMAN
MUSHRIF TRADING & CONTRACTING COMPANY

Fahed Al Wazzan and Mushrif Trading received a ringing endorsement of their progress and position in the Kuwait market when they recently received the green light for $362m in funding. With Al Wazzan in control, the money is sure to be spent wisely, as the company looks to expand its already sizeable presence in its home market.

Al Wazzan’s company reaches across all sectors of construction, facilities operations, maintenance and equipment trading, as it owns and operates a fleet of construction equipment and a number of plants.

While its home is in Kuwait, Al Wazzan has overseen its operations expand in Europe, the Middle East and Africa. It operates offices in Kuwait, Bahrain, the UAE, Qatar, Iran and Iraq.

As Kuwait progresses with its development plan, Mushrif Trading is ideally place to exploit the many opportunities that will be presented its way.

Next: GHANIM BIN SAAD AL SAAD

2011 CONSTRUCTION WEEK POWER 100

1-10 | 11-20 | 21-30 | 31-40 | 41-50 | 51-60 | 61-7071-80 | 81-90 | 91-100

> The Power 100 - Full List

69. GHANIM BIN SAAD AL SAAD
HEAD
QATARI DIAR

A star of Qatar’s real-estate market, Ghanim Bin Saad Al Saad’s reputation and profile grew alongside his home state’s property boom. As head of one of the Gulf nation’s biggest developers, he has overseen high-profile property developments in his domestic market, while also steering the firm into foreign markets, including Libya, Switzerland and Belgium. The company finally won approval for its multi-billion dollar plan to redevelop Chelsea Barracks in London in June.

Its London ambitions may not stop there, as it recently announced that it plans to pay $750m to the Irish Real Estate Opportunity (REO) to purchase 50% of its shares in the Battersea Power Station in southern London. Qatari Diar is in “advanced” talks with the struggling Irish owners of the Grade II listed industrial icon about a rescue deal.

In May it was announced that, although works on its Syrian projects had been halted temporarily, Qatari Diar “was committed to completing them once the security situation stabilised.”

Having invested in the Ibn Hani Bay Resort in Latakia, a project that will cost more than $350m, Qatari Diar told the Doha-based Al Arab daily that it was committed to completing the project. It would also complete its residential and commercial project in Damascus.

Next: ISSAM ALZAHID

2011 CONSTRUCTION WEEK POWER 100

1-10 | 11-20 | 21-30 | 31-40 | 41-50 | 51-60 | 61-7071-80 | 81-90 | 91-100

> The Power 100 - Full List

70. ISSAM ALZAHID
CHAIRMAN, AL ZAHID GROUP

Issam Al Zahid is chairman of the Alzahid Group of Companies, launched in 1951 with Alzahid Construction.

At that time, the firm was involved in town planning, as well as the construction of buildings, roads and other facilities.

It also had the honourable distinction of being the first company to build coast guard stations along the shoreline of Saudi Arabia.

By 1958 the company was in full swing, building everything from bridges to tunnels and flyovers — indeed, much of the basic transport infrastructure upon which the Kingdom of Saudi Arabia still relies upon today.

Today, the diversified conglomerate has over 30,000 employees and significant interests in mining, logistics, oil and gas, industry, manufacturing, IT, foodstuffs, retail and many other sectors.

The Alzahid Construction Corporation is an EPC contractor that specialises in highways, bridges and tunnels, as well as air defense and municipality projects.

Next: CHIMANLAL GANGARAMANI

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