April 19, 2024

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Power Hour 2020: Rankings 26 to 31

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CBNME’S Power Hour Annual List of the Middle East’s Top 60 features the most prominent Contractors, Real estate Developers, Consultants, Architects, Facilities Management, Asset Management Companies, and so much more that encapsulates the construction industry.

These influential leaders have reshaped the industry with their introduction of new innovative strategies and thought leadership that makes them stand apart in 2020.

You can check out the full coverage of the Power Hour here.

26. Hussain Sajwani, Founder and Chairman of DAMAC Properties

Hussain Sajwani is the founder and Chairman of global property development Company, DAMAC Properties.

DAMAC Properties, which employs nearly 2,000 employees, is a publicly-listed company with shares traded on the Dubai Financial Market. The company has one of the best track records in the luxury property development market in UAE.

As a leading brand in the market, DAMAC Properties has joined forces with some of the most renowned fashion and lifestyle brands to bring new and exciting living concepts to the market.

Other areas of business interest for Sajwani are in the world of trading, such as Al Amana Building Materials, based in Oman, that represents world-famous names like Villeroy & Boch, Grohe and Dorn Bracht, to name a few. Further business interest in this field in his portfolio is Al Anwar Ceramic Tiles Co, the first and one of only two tile manufacturers in the nation.

 

27. Senan Abdullah Mohammed Juma Al Naboodah, Managing Director at Al Naboodah Construction Group

Senan Abdullah Mohammed Juma Al Naboodah is the Managing Director of Al Naboodah Construction Group (ANCG), the construction business of Al Naboodah Group Enterprises (ANGE), one of the UAE’s oldest and most respected family conglomerates with a diverse portfolio of businesses. Under his leadership, ANCG is focused on maintaining its status as one of the leading construction companies in the UAE with a reputation for delivering above client expectations.

As one of the third generation family members, Senan began his career with ANCG in 2005, immersing himself into all areas of the Group’s thriving construction business. Demonstrating leadership and commitment, Senan was promoted to Managing Director in 2013. Within the ANCG portfolio, Senan oversees all Civils, Building, MEP, Facilities Management and National Plant.

Over the past 12 months, ANCG, have completed several projects which includes: Mankhool Mixed-Use Towers; EXPO 2020 – Police, Fire & Ambulance stations; Al Futtaim Automotive Showroom & Service Centres; Siemens substation – Dubai South HQ; Mitsubishi substation – Deira/Emirates road FEWA/Mitsubishi Substations – Ajman; Dubai International Airport – South Runway Refurbishment.

 

28. Fouad Mashal, CEO of Al Barakah International Investment

Fouad Mashal, CEO of Al Barakah International Investment, has been able to successfully deliver massive development projects such as large-scale residential compounds, hospitals, residential towers and luxury villas over the past 40 years.

Currently, Mashal is leading the world-class development of more than 1.5 billion dirhams Al Qana project, one of the most exciting and transformational new touristic destination in Abu Dhabi.

This multi-faceted development will feature the Middle East’s largest Aquarium, the largest standalone Cinema, a VR/E-sports zone and numerous restaurants and entertainment outlets that will serve the community of the capital, as well as many thousands of tourists per year.

While Al Barakah started in 2006 with humble resources and a handful team under a single roof providing a very niche service; Al Barakah has become a holding company with 16 subsidiaries in 10 different sectors employing 6,000 staff from 27 nationalities.

 

29. Paddy Padmanathan, CEO at ACWA Power

Paddy Padmanathan is a seasoned engineering and energy expert with over four decades of experience and is a key member of ACWA Power’s executive leadership team.

ACWA Power is a developer, investor and operator of power generation and desalinated water production plants. Currently present in 12 countries in the Middle East, Africa, Central Asia and South East Asia, ACWA Power employs over 3,500 people.

ACWA Power’s portfolio includes 59 assets with an investment value of USD 48.8 billion, producing 34 GW of power and 5.9 million m3 /day of desalinated water delivered on a bulk basis to address the needs of state utilities on long-term, off-taker contracts under Public-Private-Partnership model.

Paddy has guided ACWA Power’s cost leadership and business strategy which is focused on reliably and responsibly delivering electricity and desalinated water at competitive prices. He is also steering ACWA Power’s leadership in renewable energy, enabling it to be the forefront of reducing cost of clean energy on a global scale.

 

30. Craig Muir, President, Resources at SNC-Lavalin

Craig Muir was appointed President, Resources, at SNC-Lavalin in April 2019, and is a member of the company’s Executive Committee. Based in the United Arab Emirates, Craig leads company’s global Resources business, including oil and gas, and mining and metallurgy markets.

Since coming into this role, Craig has strengthened the leadership team with strategic appointments, bringing leaders with the right expertise in operations and business development to support their business growth and new strategy focused on engineering and consulting, asset management and project delivery services.

Over the past 12 months, SNC-Lavalin have bagged notable project wins such as being awarded a general engineering, project management and technical support services contract from Al Yasat Petroleum, a JV between ADNOC and China National Petroleum Corporation, with an estimated value of approximately $52 million. Furthermore, Atkins, a member of SNC-Lavalin, was appointed by the Ministry of Environment, Water and Agriculture (MEWA) to carry out the development of an integrated water and wastewater Local Master Plan (LMP) for the North Western Water Distribution Sector in the Saudi Arabia.

 

31. Alain Bejjani, Chief Executive Officer at Majid Al Futtaim

Alain Bejjani joined Majid Al Futtaim in 2006 and in his decade at the organization he held a number of critical roles. His career in the Group culminated with his appointment to the CEO position in February 2015.

He has been instrumental in driving a significant transformation of the organizational archetype and operating model of the Group and in setting a common business vision and sense of purpose.

He was also the main ‘architect’ behind Majid Al Futtaim’s corporate rebranding. Mr. Bejjani serves on the Board of Directors for several of Majid Al Futtaim’s joint ventures.

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