Construction Week Power 100: 11-20

CW's inaugural list of the GCC's most powerful people in construction

Power 100, SPECIAL REPORTS
Power 100, SPECIAL REPORTS
Power 100, SPECIAL REPORTS
Power 100, SPECIAL REPORTS
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CONSTRUCTION WEEK POWER 100

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11. Said T Khoury Chairman and president Consolidated Contractors Co

Entrepreneur and philanthropist, Said Khoury is a legend in the Arab world. He oversees the day-to-day running of one of the most competitive firms in the region, active in 40 countries with 80,000 employees. Since the establishment of the company by Khoury, Kamel Abdul-Rahman and Hasib Sabbagh in the 1950s, the company – based in Athens, Greece – has built landmark projects throughout the region.

Most recently the company’s contract wins include Abu Dhabi presidential palace and work on Princess Noura University in Riyadh. Further, Khoury’s involvement in numerous organisations, diplomatic ventures and financial bodies makes his overall influence in the world beyond Arab states extensive.

To give just a few of his responsibilities, he is governor of the Arab Monetary Fund; chairman of the Palestinian Businessmen Organisation, the International Business Group and the board of trustees of the Palestinian Initiative for the Promotion of Global Dialogue & Democracy-MIFTAH; and a board member for the Interaudi Bank in New York, Canvest Corporation in Canada, and Arab Life and Accident Insurance Company in Jordan.

“The question of values as we may all realise is indivisible be
they family, corporate, social, or national values. In their purest form,
values represent a commitment to the supreme ideals of life.”

Said T Khoury

Next: Farida Kamber Al AwaDhi, Cinmar Design

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12. Farida Kamber Al AwaDhi
Managing director, Cinmar Design
President of the Association of Professional Interior Designers (APID)

Farida Kamber Al Awadhi is the owner and managing director of Cinmar Design, an architectural and interior design firm founded in the UAE in 1989. She is also one of the founding members of the Association of Professional Interior Designers (APID) and became president of the Dubai-based association at the end of 2009. In her new capacity, Al Awadhi has been responsible for reinvigorating the association, making it a more relevant mouthpiece for the region’s design community.

“The interior design industry has developed without monitoring the quality of services or the ethics of the profession. This is why we see intruders in the market trying to play the role of the professional interior designer. The act of their intrusion had left consumers exposed and has introduced unhealthy competition in the market. Therefore, it is imperative to have an association such as APID that aims to protect both professional interior designers and consumers,” she said.


“It is imperative to have an association such as APID that aims to
protect both professional interior designers and consumers.”

Farida Kamber Al Awadhi

Next: Ali Hassan Kolaghassi, Saraya Holdings Ltd

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13. Ali Hassan Kolaghassi
CEO
Saraya Holdings Ltd

As Vice Chairman and CEO of Jordan-based Saraya Holding Ltd, Ali Hassan Kolaghassi has a lot his plate. A master of multi-tasking, Kolghassi also balances his roles as chairman for property behemoth Saraya Real Estate MENA and boss of airline Saraya Skies.

He is also vice president of Saudi Oger — the Riyadh-based corporation with a major construction arm and banking operation, as well as sitting as the Chairman of the Board of Directors of Oger Abu Dhabi and Oger Jordan. He is also a Board Member of Saudi Oger Telecom, and has many other roles that occupy his busy schedule

At Saraya Holding Ltd, Kolaghassi assisted in the expansion of the company’s core operations that include contracting, facilities management and banking and has successfully broken new ground for the company by initiating investments in the telecom and real estate sectors.

The Jordan-based businessman has won a clutch of awards for his business expertise, including the title of ‘Real Estate Industry Champion,’ awarded in 2005 by the Young Arab Leaders Organisation.

In a statement published on Saraya’s website, Kolaghassi says the company has underlined its commitment to Jordan and Oman, and that it looked forward to expanding its portfolio of state-of- the- art tourist and leisure real estate development projects into other countries throughout the MENA region and beyond.

Next: Khalid Al Malik, Dubai Properties Group

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14. Khalid Al Malik
Group CEO
Dubai Properties Group

Khalid Al Malik is responsible for directing developer Dubai Properties Group’s strategies of delivery, growth and operations within the UAE and works on behalf of all DPG entities to expand new business markets.

Last year, with Malik’s, the company, which is a member of Dubai Holding, won the Dubai Quality Award in the ‘Real Estate’ category at the 13th cycle of the Dubai Department of Economic Development (DED), endorsing both Malik’s and the firm’s business excellence and quality strategies in the real estate sector.

Among the firm’s projects are the Layan community in Dubailand; Al Razi at Dubai Healthcare City (DHCC); Cordoba Residence in Dubai Knowledge Village and Jumeirah Beach Residence.

Malik joined DPG in July 2009 from Tatweer, where he also held the position of CEO and was responsible for driving forward the company’s expansion and development.

Before beginning his career, Malik achieved his Bachelor’s degree at the University of Arizona where he completed a double major in Management Information Systems and Production and Operations Management. He also earned an MBA from Zayed University.

“This project comes as a fulfillment of our promise to satisfy the needs of different market
segments. The launch of Al Khail Gate is a testament to our commitment of providing
apartmentsand residential units with high quality at affordable prices in Dubai. Al Khail
Gate is an important part of our portfolio of diverse communities, providing numerous
options to suit different tastes, needs, and income levels.”

Khalid Al Malik.

Next: Abdulrahman Abdulkader Mohammed Fakih, Makkah Construction and Development Company

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15. Abdulrahman Abdulkader Mohammed Fakih
Chairman
Makkah Construction and Development Company

As head of a construction and development company focusing its attention on the holy city of Makkah, Abdulrahman Abdulkader Mohammed Fakih’s responsibilities extend beyond those as simply another developer. The company not only invests in, develops, manages, and rents property around the holy mosque, but its engineering, construction, maintenance, demolition and surveying operations are also employed on some of the largest projects in the city.

The company is behind the 1,400 room Makkah Hilton Hotel and Makkah Hilton Towers projects at the centre of the Holy City, and it has built and developed a commercial centre/shopping mall plus 20,000 person prayer hall nearby.

It is also the largest shareholder in the Jabal Omar Development Company, which is behind the $2.7 billion Jabal Omar project, also in the centre of Makkah, which includes 39 commercial and residential towers on a 230,000m2 site.

Next: Khaldoun Tabari, Drake & Scull International

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16. Khaldoun Tabari
Vice Chairman & CEO
Drake & Scull International

Khaldoun Tabari is the vice chairman and CEO of Drake & Scull international (DSI) PJSC and has led the development of the company from a local MEP contractor to a regional leader in the construction industry.

He graduated in the US in 1972, and first worked in the UAE, in a family business from 1972 – 1980. The early ’80s brought a brief stint in the UK, and then from 1983 to 1997, a longer one in Saudi Arabia.

He has been working with DSI in Dubai since 1998. Under Tabari’s leadership DSI has expanded the MEP business to include engineering, procurement and construction (EPC), civil contracting in addition to the development of design and build engineering expertise in infrastructure, water and power. During Tabari’s tenure, DSI’s revenues and profits have increased more than five fold.


Tabari describes himself as the kind of person who takes at least an hour to unwind and a worrier by nature.

“That’s been with me since I graduated,” he said. “That’s not a good trait, I do not leave work, it’s always with me. I’m always rehashing ideas. I look like a very quick decision maker, but when you ask me a question I have probably thought about it 100 times.”

While Tabari has been involved in a host of significant projects, there is one he missed out on that he wished he’d been a part of.

“Fifteen years ago I wanted to be doing Kingdom Tower,” he said. “We lost that opportunity, but now everyone is building high rises, so it doesn’t make a difference.”

In addition to the above, Tabari also serves as a board member for EMCOR Facilities Services Group (ME), Walltech; Cedar Mills, Jordan Fleet Leasing Company; First Qatar Real Estate in Qatar and Energy Central in Bahrain.

Next:  Dr P. Mohamed Ali, Galfar Engineering and Contracting Co

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17. Dr P. Mohamed Ali
Founder Galfar Engineering and Contracting Co

As one of the largest, multi disciplinary engineering, contracting and construction companies in Oman, Galfar Engineering and Contracting SAOG is also one of the largest private employers in the sultanate, with 27,000 people working for the company.

From its beginnings in 1972, Dr Ali has nurtured Galfar in to a one-stop shop for almost every construction related contract, with a wide and far-reaching remit. The company’s contracts cover oil and gas pipelines, oil and gas production, collection and processing facilities, service contracts in petroleum industry, commercial and residential complexes, educational institutions, and industrial structures. Galfar’s annual turnover is a healthy $1bn and Dr Ali has amassed a personal fortune of $725m.

Outside of his business interests, Dr Ali is the founder of the Oman Petroleum Alliance and the former vice chairman of the state-backed Omanisation Joint Committee. His charitable works include founding the PM Foundation, which promotes education in rural Indian communities, and being chief patron of the Talikulam Vikas Trust.

Dr Ali has been awarded the Oman Civil Order for his services to the sultanate and, in 2004, received the coveted Outstanding Non-Resident Indian Award.

Next: Abdullah M Al Zamil, Zamil Industrial Ind Co

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18. Abdullah M Al Zamil
CEO
Zamil Industrial Ind Co

Few men can claim to be among the decision makers for one of Saudi Arabia’s biggest companies, but Abdullah Mohammed Al Zamil is one of them. Today it is one of the biggest conglomerates of the region, and completely intensively for market share in steel, glass, mirrors and air conditioners.

Al Zamil is not only CEO – since October 2009 – but a board member and a member of the executive committee, and has not only overlooked an increase in capacity for certain business lines, but also the restructuring of Zamil Steel and Zamil Air Conditioners into limited liability companies. His influence also extends as Member of the Executive Board of Saudi Export Development Center (SEDC).

A graduate in industrial engineering from the University of Washington, Seattle, US, and an MBA in Finance and Business Administration from King Fahd University of Petroleum and Minerals (KFUPM), Dhahran, Saudi Arabia. This year Zamil Industrial has seen a 5.1% rise in net profits for the first half of the year compared to that of 2009.

“The joint venture with Armacell demonstrates our commitment to
serving our home market with technologically advanced insulation products
that are globally acclaimed for high quality and high performance.”

Abdullah Al Zamil

Next: Khater Massaad, RAK Ceramics

CONSTRUCTION WEEK POWER 100

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19. Khater Massaad
CEO and founder
RAK Ceramics

Khater Masaad, CEO and founder of RAK Ceramics, is one of the most qualified individuals on the CW power list. As well as holding a Ph.D in Geophysics, he has also obtained an MSc in Mathematics, both from the University of Lausanne, Switzerland. He began his career in the Middle East region in the mid-1980s, carrying out investigations for clay deposits, dams and water in the GCC and Levant countries.

Years later, he and HH Sheikh Saud Bin Saqr Al Qassimi, the Crown Prince and Deputy Ruler of Ras Al Khaimah, envisioned a major plan for a ceramic factory in the Emirate of Ras Al Khaimah, and in 1991 set up and managed RAK Ceramics – a landmark in the Global Ceramic Industry.

As the driving force behind the company and its successes, Massaad, has been extremely influential in the region, having developed what is now the biggest and topmost ceramic manufacturing organisation in the world, and a key player in the Middle East’s manufacturing sector. It is indeed under the stewardship of Massaad, that RAK Ceramics was awarded the Mohammed Bin Rashid Al Maktoum Business Award (MRM Business Award) for industry in 2005. Massaad himself was presented with the Visionary CEO Award at the Middle East Business Leaders Summit and Awards in Dubai in April 2010.

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20. Santosh Joseph
CEO and founder
Dubai Pearl

The Dubai Pearl project has not been without its troubles over the past seven years, but the current incarnation – four 73-storey towers topped by a Sky Palace linking them all – at the foot of Dubai’s iconic Palm Jumeirah development is in full swing.

The development is in the hands of Santosh Joseph, CEO and founder of the Dubai Pearl project, who has managed to rethink the original nine-tower plans to offer more space, more car parking and an altogether better project for investors.
After reaching successful milestones in the foundation work last year, both developer (Pearl Dubai FZ LLC – a company owned by Abu Dhabi-based Al Fahim Group) and contractor (the Al Habtoor Leighton Group) are buoyant, and the project is forging ahead at a pleasing rate.

“Dubai Pearl is a real estate venture development... whether
you talk about office space, retail, hotels, entertainment. It is
in a true sense mixed use, completely integrated.”

Santosh Joseph

Next: PNC Menon Sobha Developers

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