AnnualReport

ANNUAL REPORT

2016

xecutive Management

Educational Background / Work Experience

Mr. Ibrahim Al Soqabi holds a Bachelor of Science in Civil Engineering

from George Washington University, DC, USA, and a Master of Business

Administration (MBA) from Maastricht University.

Over all, he possesses a cumulative practical experience of 18 years,

diversified among the fields of Civil Engineering, project and construction

management, risk analysis and management, enterprise and corporate

governance, operational system management, in addition to business

and strategic planning. Mr. Al Soqabi was successful in turning the

pioneering Kuwaiti Managers Company – a fully owned organization

by one of the most prominent “Shari’a compliant enterprises, Kuwait

Finance House (KFH) – into a Holding entity, encompassing seven

different subsidiaries which have been undertaking several activities

ranging from contracting and projects management, to real estate

valuation, management and development, both locally, regionally, and

internationally, such as Gulf Cooperation Council (GCC) countries,

Turkey, and Hong Kong. Moreover, Mr. Al Soqabi assumed multiple

directorship positions in several real estate organizations at the local

and regional levels. Currently, he holds the Group CEO post for Mazaya

Holding, a leading real estate development company, with numerous

successful subsidiaries, not only focusing on the GCC market, but

extending well into other geographical settings, hence diligently oversees

its growth through a relentless perseverance and endeavors into selective

opportunities that are compatible with its vision and aspiration, thus

enhancing the company’s position and share within which it operates.

Educational Background / Work Experience

Eng. Salwa Malhas - holds a Bachelor and a Master Degree in Civil

Engineering from the Jordanian University and has more than 20 years of

experience in Real Estate Development, Business Models and Feasibility

Studies.

Eng. Malhas has more than 25 years of experience in Real Estate

Development, Business Models and Feasibility Studies. Eng. Salwa

is Chief Business Development and Marketing & Sales Officer at Al-

Mazaya Holding. The role – held since January 2004 – entails, building,

structuring, setting up and assessing the company business plan; sourcing

and overseeing the development and growth of profitable new business;

participating in tendering projects with government; conducting feasibility

studies for different business opportunities, and Corporate & project

marketing. Prior to this position, Malhas was General Manager at Al-

Masaken, a subsidiary of ACICO and Ghassan Al-Khaled Group for eight

years – where duties encompassed sourcing and overseeing new lands

for profitable real estate development projects, research, tendering and

corporate marketing, and prior to that, served as tendering engineer

at Al-Zaben International company (as a first grade contractor). Malhas

was a professor assistant in the engineering department of TECNO Jordan

University in 1993. In addition to that, Malhas has sat on the board in

many real estate and investment companies, was a board member in Al

Nawadi for 5 consecutive years, and currently a board member in Seven

Zones Real Estate Company & and Vice Chairman in First Dubai Real

Estate Development Company (above 300 million dollars capital).

Eng. Ibrahim Al Soqabi,

MBA

Group CEO

Eng. Salwa Malhas,

Chief Business Development and

Marketing & Sales Officer