2020 CW Power 100: CEO of Wasl, HE Hesham Al Qassim is No. 72

In September 2019, construction work on Wasl's Warsan project, which was launched in June 2017, was 60% complete

HE Hesham Al Qassim, CEO, Wasl Asset Management Group.
HE Hesham Al Qassim, CEO, Wasl Asset Management Group.

HE Hesham Al Qassim, the CEO of Wasl Asset Management Group, enters Construction Week’s Power 100 list in 2020.

2019 saw the company award a construction contract worth $168m (AED617m) to South Korea’s Ssangyong Engineering and Construction (Ssangyong E&C), to work on Wasl Asset Management Group’s 44-storey residential tower, Dubai 1.

Meanwhile, in June last year, architecture firm Brewer Smith Brewer Group (BSBG) revealed that marine and enabling works also commenced on Wasl Hospitality and Leisure’s The Island project in Dubai, which will feature popular Las Vegas hotel brands such as MGM, Bellagio, and Aria for the first time in the UAE.

In September, construction work on Wasl Properties Warsan project, which was launched in June 2017, was 60% completed. The project was expected to be delivered in Q2 2020.

Wasl was established by Dubai Real Estate Corporation (DREC) to oversee the management of its assets and grow its real estate portfolio.

Click here to view the 2020 Construction Week Power 100 ranking.

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