The 10 Remarkable Managing Directors to Follow in Arab World

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4. Publisher Business Minds Media Ryan Parker Anna Turner Jason Trent, Stacy Walker Ahmed Siddiqui, Jennifer Richardson, Basma AL Wureshi Michael Smith Kevin Thompson Sarah Lopez Harry Wood Adam Brown Managing Editor Art and Design Head Business Development Manager Executives Marketing Manager Technical Head Digital Marketing Manager Circulation Manager Accounts Address: Contact Us: Business Minds Media LLC. 5830 E 2nd St, Ste 7000 #13042, Casper, Wyoming 82609 United States Business Minds Media LLC. 5830 E 2nd St, Ste 7000 #13042, Casper, Wyoming 82609 United States Follow us on

5. the EDITOR Managing Directors Direc?ng Arab I change, steering their companies through the complexities of the global market with a blend of traditional wisdom and modern strategies. n the bustling business hubs of the Arab world, a new breed of Managing Directors (MDs) is emerging, setting benchmarks for leadership and innovation. These MDs are the architects of The Arab world, with its rich history and strategic geopolitical position, presents unique challenges and opportunities for businesses. The MDs at the helm of the region's leading companies are not just managing resources but are also cultural ambassadors, bridging the gap between East and West. They navigate the nuances of regional customs while embracing global best practices, fostering environments where tradition and innovation coexist harmoniously. These leaders are characterized by their strategic vision, which is deeply rooted in the socio-economic context of the region. They prioritize sustainability and social responsibility, understanding that the long-term success of their companies is intrinsically linked to the well-being of the communities they serve. Their approach to leadership is holistic, considering the impact of business decisions on all stakeholders, from employees to society at large. The MDs of the Arab world are also champions of technology and digital transformation. They recognize the power of digital tools to revolutionize industries, from finance to manufacturing, and are at the forefront of adopting cutting-edge solutions to drive growth and efficiency. Moreover, these MDs are mentors and role models, nurturing the next generation of leaders. They invest in talent development, recognizing that the future of their companies—and the region—lies in the hands of those who will follow in their footsteps. As the Arab world continues to evolve, these remarkable MDs stand out for their visionary leadership, commitment to sustainable practices, and ability to inspire and lead by example. They are the ones to watch as they shape the future of business in a region that is at once ancient and ever-new. Ryan Parker Managing Editor

7. Managing Director Ahmed Khaled Pulse Communica?ons Managing Director Invent ITS Ali Alhalwachi Rawabi Almesk trading Contrac?ng Services F Events Management Managing Director Anwar Alkhalifa Managing Director Fadi Khalil Managing Director Integrated Marine Solu?ons Faisal Zahrani Unified Asset & Property Management (UAPM) Schmidt Abrasive Blas?ng Managing Director Ibrahim Mulaik Managing Director James Telford Global Gourmet Hospitality Services Co. Saudi Climbing and Hiking Federa?on (SCHF) ITSGovernance Managing Director Jihad Rassy Managing Director Yasmin Gahtani Managing Director Zain Abdurehman

8. will be successful., , Success is not the key to happiness. Happiness is the key to success. If you love what you are doing, you

9. Contents C O V E R S T O R Y Jihad El Rassy 08. Navigating the Hospitality Landscape & Crafting Culinary Excellence F E A T U R I N G Mr. Ali Hussain Dhaif Alhalwachi 16. Pioneering Entrepreneurial Spirit C x O Exploring the Intersection of Emerging Technologies and Ongoing Business Revolutions in Event Management 26. A R T I C L E S Navigating Leadership The Agility of Managing Directors in the Arab World 22. Strategic Vision The Impactful Role of a Managing Director 30.

10. Jihad El Rassy Co-founder and Managing Director Global Gourmet Hospitality Services Co. 08 www.businessmindsmedia.com

11. C O V E R S T O R Y El Ra?y Navigating the Hospitality Landscape & Crafting Culinary Excellence hospitality passion , , Be on top of your game, be observant, build the right contacts, take care of your team, and spread that 09 www.businessmindsmedia.com

12. reached its peak yet, , A Journey of Vision and Innovation! I laden with challenges and opportunities alike. It's a world where innovation, passion, and adaptability converge to shape the future of the industry. Visionaries emerge, armed with a profound understanding of culinary trends, customer preferences, and the evolving landscape of hospitality. There are always opportunities for growth in the hospitality industry in the Arab World, especially at the moment since the Middle East is being seen as a true touristic destination that hasn't n hospitality, the journey from education to entrepreneurship marks a transformative passage At the heart of this narrative stands Jihad El Rassy, whose trajectory mirrors the industry's evolution. With a background rooted in premier hospitality education and enriched by diverse experiences, he embodies the spirit of innovation and excellence. As a Co-founder and Managing Director, his leadership prowess and strategic acumen have propelled them to the forefront of culinary innovation, setting new standards of excellence in the realm of hospitality. Roches, situated in Switzerland, renowned as one of the premier hospitality universities globally, marking the initiation of his hospitality journey. Complementing his academic endeavors, he engaged in two six- month internships prior to graduation. His first foray into the industry was at Conrad Algarve, Portugal, where he served as a waiter and barback, an experience he vividly recalls for its invaluable lessons and interactions with VIP clientele and industry mentors. Subsequently, Jihad undertook a sales internship at Atlantis The Palm, Dubai, where he honed his communication skills and gained insights into the operations of a prominent hospitality establishment. recognized the scarcity of home-owned hospitality opportunities in Riyadh and the wider Middle Eastern region. Collaborating with his father, who serves as his Co-Founder and Partner, they envisioned leveraging Riyadh's increasing food and beverage scene. This vision led to the establishment of Global Gourmet Hospitality Services Co. The company's mission centers on introducing home-owned concepts that offer distinctive cuisine and uphold Swiss service standards, thereby contributing to Riyadh's culinary landscape. Against the backdrop of Riyadh's flourishing food and beverage scene, Global Gourmet Hospitality Services Co. emerges as a beacon of innovation and authenticity. With a mission to introduce home-owned concepts that redefine culinary experiences, the company stands poised to leave an indelible mark on Riyadh's vibrant culinary landscape. Through a fusion of Swiss service standards and distinctive cuisine, they herald a new era of gastronomic delight, setting the stage for a culinary renaissance in the Kingdom and beyond. Charting Culinary Trends Jihad found inspiration in the expanding growth of the food and beverage scene in the Kingdom. Observing the entry of numerous established franchises into the market, he recognized an opportune moment to join the dynamic trend. With unwavering support from his partner, Jihad embarked on establishing the company and initiating the launch of Elemental. This concept, characterized by high-end casual dining, features Italian Fusion cuisine, unique non- alcoholic cocktails, and exceptional service. Central to Jihad's vision for the company is his profound passion for food and the industry itself. Upon completion of his internships, Jihad returned to Switzerland for his final year of education, culminating in graduation. Subsequently, he transitioned to Riyadh, where he assumed the role of a business developer and strategic planner at ICM, a distinguished contracting and fit-out company. His responsibilities encompassed devising business strategies and representing the company in client engagements. Let's delve in to learn more: A Journey from Education to Entrepreneurship In light of the challenges posed by the global COVID-19 pandemic, Jihad Jihad pursued his education at Les 10 www.businessmindsmedia.com

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14. Strategic Growth Initiatives Additionally, he identified a niche for home-owned establishments to prosper amidst the expanding market, offering not only superb cuisine but also a distinctive ambiance. attracting world-renowned hotels and restaurants eager to partake in this historic transformation. For Global Gourmet Hospitality Services Co., this presents a remarkable opportunity to contribute to and thrive amidst this monumental shift in the hospitality landscape alongside esteemed industry counterparts. In the coming years, the primary objective is to ensure the successful establishment and operation of Elemental, with the potential expansion of franchising the concept throughout the Gulf region. Concurrently, the organization is focused on completing the development of its next proprietary concept, poised to make a significant impact on the market. Details regarding this forthcoming venture will be revealed in due course, maintaining an element of surprise for the time being. Elevating Hospitality Standards As a cohesive team, the organization demonstrates an unwavering commitment to hospitality, extending genuine warmth to every patron who crosses its threshold. Prioritizing excellence, they meticulously implement appropriate service protocols, maintain consistency in their culinary offerings, and continually strive for enhancement. Despite its modest size, the organization adopts a proactive approach by anticipating future market dynamics, thereby gaining insights into potential competitors and devising contingency strategies for unforeseen circumstances. Additionally, they diligently monitor customer preferences, analyzing the behavior of their target demographic, identifying emerging trends, and discerning opportunities to differentiate themselves from competitors, whether through service delivery or culinary innovation. Above all, they remain dedicated to ensuring unparalleled customer satisfaction, going above and beyond to meet the diverse needs of their clientele. Moreover, there is a notable surge in the proliferation of home-grown concepts and brands across the Middle East, supported by a flourishing market appetite for unique customer experiences. The trend towards sustainability is gaining traction across the Arab World, influencing operational practices within hotels and restaurants, encompassing responsible ingredient sourcing, water conservation, waste reduction, and energy-saving initiatives. Luxury standards are also undergoing a paradigm shift in the Arab World, with an increasing emphasis on exclusive experiences, cultural immersion, and personalized services. Navigating Hospitality Trends in Saudi Arabia The prevailing trend of Saudi Arabia's ascendance onto the global stage is a topic of significant discourse worldwide. The Kingdom's ambitious initiatives are making waves, ushering in a transformative era, and reshaping historical narratives. Aligned with Vision 2030, Saudi Arabia is poised to emerge as the premier tourist destination in the Middle East, with monumental projects such as Neom, Al Ula, The Red Sea, Diriyah, and Trojena spearheading this transformative journey. This surge in extraordinary developments heralds a renaissance in hospitality within the Kingdom, anticipated influx of visitors, , In response to the Kingdom's rapid trajectory towards Vision 2030, GGHS is strategically positioned to navigate the evolving landscape, prioritizing competitiveness and consistency, hallmarks of its operational ethos. By aligning with emerging trends and offering distinctive experiences to the market, GGHS is not only poised to thrive but also contributes to the redefinition of luxury within the region, exemplifying its commitment Recognizing the vast growth opportunities inherent in the hospitality sector within the Arab World, particularly amidst the region's emergence as a burgeoning tourist destination, Jihad is poised to capitalize on the 12

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16. to excellence and innovation. unique hospitality experiences, Jihad remains committed to seizing growth opportunities and shaping the industry's trajectory within the region. Navigating Hospitality Challenges and Opportunities Elevating Hospitality with Passion In the hospitality industry, Jihad encounters a significant challenge stemming from the heightened competition in Riyadh, which has escalated rapidly in a relatively short timeframe. The dynamic nature of evolving trends further complicates adaptation efforts, albeit not insurmountable. The primary hurdle associated with fluctuating trends is the shifting expectations of guests. To address this challenge, Jihad adopts a proactive approach, diligently monitoring the competitive landscape and identifying emerging establishments slated to enter the market within the next 6-12 months. By assessing potential threats and discerning unique selling propositions of new entrants, the organization formulates contingency plans to preemptively address any disruptions efficiently. Jihad offers invaluable advice for navigating the hospitality industry with utmost professionalism and dedication. Recognizing the increasingly competitive landscape shaped by the influx of renowned international brands into the region and the growing global exposure of the Middle East, Jihad emphasizes the importance of wholehearted commitment and passion in one's work. To excel in this dynamic environment, he advises staying ahead of the competition, remaining observant, cultivating strong professional networks, prioritizing team welfare, and fostering a genuine enthusiasm for hospitality. Balancing Commitments and Personal Growth As Jihad primarily dedicates his time to overseeing Elemental, the company's flagship home-owned concept, he reserves the mornings and early afternoons for personal pursuits. During this period, he prioritizes quality time with his family and engages in physical fitness activities. In the evenings, Jihad often participates in sports or social outings with friends, such as playing soccer or dining out, as a means of essential detachment from work responsibilities. Additionally, he incorporates regular travel into his routine, typically scheduling trips every other month for a few days to rejuvenate and return with a refreshed mindset. Similarly, Jihad remains attuned to growing industry trends, conducting comprehensive research to gauge customer preferences, identify popular destinations within the city and country, and anticipate emerging trends from both domestic and international sources. Recognizing the vast growth opportunities inherent in the hospitality sector within the Arab World, particularly amidst the region's emergence as an increasing tourist destination, Jihad is poised to capitalize on the anticipated influx of visitors. As the Middle East continues to develop and attract tourists, Jihad foresees abundant opportunities for expansion and development within the hospitality landscape. Emphasizing the importance of staying abreast of trends, particularly in redefining luxury and showcasing Arab culture through level and within the restaurant. This ensures that operations run smoothly even when he is away. Jihad's enduring motivation to advance in the industry stems from his unwavering commitment to his family and team. Their unwavering support and belief in his vision have been pivotal since the inception of the startup, driving him forward and inspiring continued growth and success. Recognizing the importance of maintaining operational continuity in his absence, Jihad has assembled a dependable team both at the corporate 14 www.businessmindsmedia.com

17. , , Partnering with a contract manufacturer can accelerate innovation and speed to market, giving companies a competitive edge. - Industry Expert

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23. The role of a managing , , director is to inspire and enable people to do their best work together, to achieve common goals. - Ken Blanchard www.businessmindsmedia.com

24. The Agility of Managing Directors in the Arab World 22 www.businessmindsmedia.com

25. Naviga?ng Leadership I change, steering their organizations through the complexities of economic fluctuations, cultural diversity, and technological advancements. The agility of these leaders is not just a trait but a fundamental requirement for navigating the intricate tapestry of leadership in this region. n the dynamic business landscape of the Arab world, managing directors stand at the helm of where innovation thrives and where they can leverage technology to enhance operational efficiency and customer engagement. be adept at cross-border collaboration. Their agility is showcased in their ability to navigate different regulatory environments, manage international teams, and foster partnerships that transcend geographical boundaries. Resilience in the Face of Challenges The Arab world presents unique challenges, from political instability to economic diversification efforts. Managing directors must demonstrate resilience, maintaining a steady course for their organizations amidst such challenges. Their agility is reflected in their ability to make swift decisions, implement changes effectively, and recover quickly from setbacks. The agility of managing directors in the Arab world is a multifaceted attribute that encompasses adaptability, strategic foresight, innovation, resilience, leadership development, sustainability, and cross-border collaboration. As they navigate the complexities of leadership in this vibrant region, their agility ensures that their organizations remain competitive, innovative, and aligned with the evolving demands of the global marketplace. Agility in Adaptation The Arab world is characterized by its rapid economic development and diverse cultural settings. Managing directors in this region must exhibit an exceptional ability to adapt to these changing conditions. They need to be culturally astute, understanding the nuances of business etiquette and communication that vary widely across Arab nations. This cultural agility enables them to build strong relationships with stakeholders, which is crucial for business success. Leadership Development Developing the next generation of leaders is another area where agility is crucial. Managing directors must identify and nurture talent, ensuring that their leadership style is agile enough to accommodate different personalities and strengths. They must create pathways for young leaders to emerge and flourish, contributing to the region's economic and social development. In conclusion, the agility of managing directors in the Arab world is not just about being flexible or responsive. It's about being visionary leaders who can anticipate change, drive innovation, and inspire a culture of resilience and growth. It's about being custodians of their organizations' futures and architects of the region's economic landscape. As the Arab world continues to evolve, the agility of its leaders will undoubtedly be a defining factor in its success. Strategic Foresight Agility also manifests in the strategic foresight of managing directors. The ability to anticipate market trends, regulatory changes, and technological disruptions allows these leaders to position their companies advantageously. They must balance short-term gains with long-term sustainability, often navigating through uncharted waters to capitalize on new opportunities. Sustainability and Social Responsibility The concept of sustainability is gaining traction in the Arab world, and managing directors play a pivotal role in integrating sustainable practices into their business models. Their agility is evident in how they align their companies with the broader goals of social responsibility and environmental stewardship. This not only benefits society but also enhances the company's reputation and stakeholder trust. Innovation and Technology In a region where digital transformation is accelerating, the agility of managing directors is tested by their capacity to innovate and embrace technology. The Arab world has seen a surge in tech startups and digital initiatives, and leaders must be at the forefront of this digital wave. They need to foster an environment Cross-Border Collaboration The Arab world is increasingly interconnected with the global economy, and managing directors must 23 www.businessmindsmedia.com

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27. , , The best managing directors are those who can look ahead and see the bigger picture, guiding their teams toward future success. - John C. Maxwell

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29. Exploring the Intersection of Emerging Technologies and Ongoing Business Revolutions in Event Management INTRODUCTION I transformations driven by emerging technologies and ongoing business revolutions. This thought-provoking article aims to delve into the fascinating realm of event management, exploring the intersection of these two dynamic forces. By analyzing key trends, challenges, and opportunities, I aim to shed light on the immense potential and impact of emerging technologies and ongoing business revolutions in shaping the future of event management. n today's rapidly evolving world, the event management industry has witnessed significant interactive environments. Virtual trade shows, virtual venue tours, and augmented reality event apps are just a few examples of how these technologies can enhance engagement and create unique event experiences. organizers can make informed decisions, optimize event planning, and measure the success of their initiatives. From attendee feedback to social media analytics, data-driven insights are driving innovation and enhancing event outcomes. 3. Internet of Things (IoT): The Internet of Things has enabled event organizers to gather real-time data on attendee behavior, optimize resource allocation, and enhance event security. IoT-powered devices such as smart badges, beacons, and sensors can provide valuable insights into attendee preferences, crowd flow, and event performance. 3. Personalization and Customization: In today's era of personalization, event organizers are leveraging technology to offer tailored experiences to attendees. From personalized event agendas to customized networking opportunities, the focus is on creating unique experiences that resonate with individual preferences and expectations. Emerging Technologies in Event Management: Ongoing Business Revolutions in Event Management: Conclusion: 1. Artificial Intelligence (AI) and Machine Learning: AI and machine learning have revolutionized event management by automating various tasks and enhancing attendee experiences. From chatbots providing instant customer support to personalized event recommendations based on attendee preferences, AI has transformed the way events are planned, executed, and evaluated. 1. Sustainability and Green Initiatives: The event management industry is witnessing a growing emphasis on sustainability and green initiatives. Organizers are adopting eco-friendly practices, such as using renewable energy sources, reducing waste, and promoting sustainable transportation options. This revolution reflects the industry's commitment to minimizing its environmental footprint and creating socially responsible events. The convergence of emerging technologies and ongoing business revolutions has ushered in a new era of innovation and transformation in event management. The adoption of AI, AR/VR, IoT, sustainability initiatives, data-driven decision making, and personalization has revolutionized the industry, offering a plethora of opportunities for event organizers and attendees alike. As we move forward, it is imperative for event management professionals to embrace these developments and explore their full potential in creating unforgettable experiences and driving meaningful change in the industry. 2. Augmented Reality (AR) and Virtual Reality (VR): AR and VR technologies have the potential to revolutionize event experiences by creating immersive and 2. Data-Driven Decision Making: Data analytics has become a game- changer in event management. By harnessing the power of data, event 27 www.businessmindsmedia.com

30. Leadership is the capacity to translate vision into reality. - Warren Bennis www.businessmindsmedia.com

32. The Impactful Role of a Managing Director I n the ever-evolving landscape of business, the Managing Director (MD) stands as the captain of the ship, charting the course towards success. The MD's role is multifaceted, encompassing the development of a strategic vision, its communication, and the orchestration of its execution. This article explores the profound impact an MD has on an organization through the lens of strategic vision. The Foundation of Future Success The journey begins with the conception of a strategic vision. This vision serves as the foundation upon which the company's future is built. It is a clear, compelling picture of what the organization aspires to become. For an MD, crafting this vision requires a blend of insight, foresight, and creativity. It involves a deep understanding of the company's core competencies, a keen eye on emerging market trends, and the ability to 30 www.businessmindsmedia.com

33. Strategic Vision forecast future challenges and opportunities. An MD must engage with stakeholders at all levels, gathering insights and perspectives to shape a vision that is both ambitious and achievable. This collaborative approach ensures that the vision is not just a reflection of the MD's aspirations but a collective dream that resonates with the entire organization. Creating a Unified Purpose A strategic vision holds little value if it is not embraced by the organization it intends to guide. The MD must, therefore, be an exceptional communicator, articulating the vision in a manner that is both inspiring and relatable. This involves breaking down the vision into core principles and objectives that can be understood and acted upon by employees across all departments. Effective communication also means being transparent about the challenges ahead and the sacrifices that may be required to realize the vision. An MD must foster a culture of trust and openness where feedback is encouraged and valued. This two-way communication ensures that the vision is not just disseminated but also enriched by the collective wisdom of the company's workforce. Implementing the Vision With the vision set and communicated, the MD's focus shifts to implementation. This is where strategic planning comes into play. The MD must translate the broad strokes of the vision into actionable strategies and objectives. This requires a systematic 31 www.businessmindsmedia.com

34. approach to planning, involving the setting of short-term and long-term goals, identifying key performance indicators (KPIs), and allocating resources efficiently. view of success, an MD can ensure that the company's growth is sustainable and aligned with its core values. Conclusion The MD must also build a strong leadership team capable of driving the vision forward. This team acts as the MD's extended arm, translating the strategic vision into operational plans and ensuring that every employee is aligned with the company's direction. The role of a Managing Director is central to the success of any organization. Through the development, communication, and implementation of a strategic vision, an MD can lead a company to new heights of achievement. It is a role that requires vision, communication skills, strategic thinking, and an unwavering commitment to the company's goals. With these qualities, an MD can have a truly impactful role, steering the organization toward a bright and prosperous future. Navigating the Unpredictable The path to realizing a strategic vision is rarely smooth. An MD must be prepared to face and overcome a myriad of challenges that can arise. Market conditions can change rapidly, competitors can introduce disruptive innovations, and internal resistance to change can stifle progress. An MD must exhibit resilience and adaptability, adjusting strategies as needed without losing sight of the ultimate goal. This may involve making difficult decisions, such as restructuring operations or pivoting business models, to keep the company on track toward its vision. The Metrics of Achievement The effectiveness of an MD's role is ultimately measured by the success of the strategic vision. To gauge this success, an MD must establish clear metrics that reflect the company's progress. These KPIs must be closely monitored and reviewed regularly to ensure that the company is moving in the right direction. Success metrics should not only focus on financial performance but also on other indicators such as customer satisfaction, employee engagement, and innovation. By taking a holistic 32 www.businessmindsmedia.com

35. continue that counts., , Success is not final, failure is not fatal: It is the courage to -Winston Churchill

36. A managing director , , has to be a people person, understanding that the heart of any business lies in its people. www.businessmindsmedia.com

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