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ANNUAL REPORT
2015
EXECUTIVE
MANAGEMENT
Eng. Salwa Malhas,
ME
Chief Business Development and
Marketing & Sales Officer
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. 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
the early 1990's, and holds a Bachelor and Master’s Degree in Civil Engineering
from TECNO Jordan University, as well as certificates of training from Kuwait
University and the American University of Kuwait. In addition to that, Malhas
has sat on the board in many real estate and investment companies, such as First
Dubai Real Estate Development Company (above 300 million dollars capital),
Seven Zones Real Estate Company and currently a board member in Al-Nawadi
Holding Company.
Eng. Abdullah Al Sultan
Chief Property Management Officer
Educational Background / Work Experience
Eng. Abdullah holds a Bachelor Degree in Civil Engineering from the Kuwait
Petroleum and Engineering University and has more than 12 years experience in
the real estate sector .
Eng. Abdullah held senior positions in real estate sector as Business Development
Manager in First Dubai Real Estate, Deputy Manager of project department in
Commercial Real Estate Company (CRC) and as Head of Development unit
in project department in Commercial Real Estate Company (CRC). He has an
extensive experience in management, development and operation of the projects
from initial study to operate the projects; also he has high experience in design
and construction phase. In addition, he has good skills in property management ,setting
up models to manage the properties of the company, preparing study to reduce
the expenses & cost of properties, and establishing lease plan and strategy for
property, currently Al Sultan is a board member in Water Front Real Estate Co.
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Eng. Ibrahim Al Soqabi,
MBA
Group CEO
Educational Background / Work Experience
Mr. Ibrahim Al Soqabi holds a Bachelor of Science in Civil Engineering from
GeorgeWashington 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.
Mr. Shlash Al Hajraf,
MBA
Chief Legal Officer
Educational Background / Work Experience
Mr. Al Hajraf received his Bachelor Degree in Law from Cairo University & He
holds an MBA in General Management from the Canadian University-Dubai.
Mr. Al Hajraf has been in the real estate field for over ten years with experience
in Kuwait in Commercial, Civil, Real Estate and Criminal law of Kuwait. Having
decision-making skills with professional experience in top management works,
he brings a rational and analytical approach to problem solving, a high level
of integrity and professionalism. He has extensive and professional experience
in establishing and managing companies, corporate governance, and has strong
skills in the management of Boards, extensive experience in judicial decisions,
ten years experience in commercial and civil cases, and strong leadership skills
as demonstrated by an ability to recruit, manage and motivate a team of in-house
employees and high skills in negotiation and settlements.