Arabtec appoints Sami Haidar Asad as CEO Arabtec Construction Group

UAE, Abu Dhabi – Arabtec Holding PJSC (“Arabtec”), a leading MENA construction company specialising in complex projects, announced today the appointment of Sami Haidar Asad as Chief Executive Officer of Arabtec’s group of construction companies.

Mr. Asad will be responsible for the global operations of Arabtec’s construction group. He will be reporting directly to Arabtec Holding’s Managing Director and CEO Hasan Abdullah Ismaik and will focus on leading the current pipeline of major projects and driving the company’s growth vision.

Mr. Asad brings to his new job a versatile experience of over 25 years in the development and construction field. He joins from Abu Dhabi real estate development company Aldar, where he served as Chief Operations Officer then as Chief Executive Officer. At Aldar, he led a massive strategic growth plan that saw the development of Yas Island as a sought after tourist and business destination, with the creation of such iconic attractions as Yas Marina Circuit, Ferrari World Abu Dhabi, Yas Waterworld, Yas Mall, Yas Links, Yas hotels, and infrastructure works. He was also in charge of a host of residential and commercial developments in Al Raha Beach, Al Falah National Housing, Central Market and other initiatives that are contributing significantly to Abu Dhabi’s economic development.

Prior to Aldar, Mr. Asad worked in the oil and gas industry as Deputy Vice President of Projects for Dolphin Energy and for Abu Dhabi National Oil Company (ADNOC) where he spent 20 years in a number of engineering executive roles.

Mr. Asad holds a Bachelor of Science in Mechanical Engineering from the high Institute of Technology in Cairo as well as a Business Administration degree from the University of Warwick in the United Kingdom.

Commenting on Mr. Asad’s appointment, Arabtec Holding Managing Director and CEO Mr. Hasan Abdullah Ismaik said: “Mr. Asad is a highly regarded figure in the two key growth sectors for Arabtec, construction and oil and gas. His wealth of knowledge in the oil & gas sector, proven experience in managing mega construction and engineering projects and outstanding leadership experience will prove invaluable as we execute our growth strategy.”

Mr. Asad commented: “It is a great honour to be joining Mr. Ismaik and the team at Arabtec. The company has grown significantly over the past year and I am proud to be leading the company’s construction business as we enter this exciting next phase of growth.”

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