Friday, 3 May 2024

Al-Othaim Investment CEO Recognized Among Top 30 Influential Leaders in Construction Sector

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Construction Week magazine has named Mr. Mishal bin Omairah, the CEO of Al Othaim Investment Company, as one of the thirty most distinguished and influential leaders in the building and construction sector. This prestigious recognition stems from the magazine’s extensive monitoring and studies on the achievements of leading construction sector companies over the past 12 months. The assessment considered the scale of initiatives and social contributions aimed at enhancing the quality of life in the Kingdom, aligning with the objectives of Saudi Arabia’s Vision 2030.

Mr. Mishal Bin Omairah stands out as a highly successful national leader, bringing over 25 years of profound experience and expertise in steering major companies. His strategic thinking, consistent and systematic organizational development, as well as his proficiency in mergers and acquisitions, have positioned him as a key figure in the industry. His leadership has been instrumental in guiding Al-Othaim Investment Company and its subsidiaries with confidence in the business and economic sectors of the Kingdom.

It’s worth noting that Al-Othaim Investment Company, recognized among the top 50 real estate developers in the Gulf for 2023, currently owns 12 commercial complexes within the Kingdom. These encompass a diverse range of sectors, including major commercial complexes, hotels, real estate investment, entertainment, cinema, fashion, restaurants and cafes, artificial intelligence, sports centers, residential units, and commercial offices.

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The company’s investment portfolio includes 23 projects under implementation and future development, along with expansion initiatives for existing commercial complexes. Notable among these is the Konoz project in Riyadh, which recently earned the international “MUSE” award in the brand identity category. Additionally, there are five expansion projects for existing commercial complexes with a combined cost exceeding 12 billion riyals. Al-Othaim Investment Company is also actively pursuing 11 future projects, currently in the preliminary design phase. These projects are strategically distributed across various regions and cities in the Kingdom, reflecting the company’s commitment to contributing significantly to the economic and infrastructural growth outlined in Vision 2030.

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