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Power Hour 2020: Rankings 19 to 22

CBNME’S Power Hour Annual List of the Middle East’s Top 60 features the most prominent Contractors, Real estate Developers, Consultants, Architects, Facilities Management, Asset Management Companies, and so much more that encapsulates the construction industry.

These influential leaders have reshaped the industry with their introduction of new innovative strategies and thought leadership that makes them stand apart in 2020.

You can check out the full coverage of the Power Hour here.

19. H.E. Abdulla Al Sahi, Chairman of Modon Properties

Modon Properties, which is a subsidiary of ADQ,  was established in January 2018 as a real estate development company, mandated by the Government of Abu Dhabi to develop integrated tourism destinations and sustainable residential communities. The company works in line with the goals of Abu Dhabi’s Future Plan, supporting the Emirate’s economic success and keeping pace with its future growth.

Through developing multi-use strategic projects and communities, Modon aims to offer citizens, residents, and visitors with an optimal experience of the UAE. Modon promotes the growth of the national economy, and helps to establish Abu Dhabi as a leading global destination for business and entertainment.

Riyadh City is one of their key landmark projects, the project is located 30 kilometers from the center of Abu Dhabi, and will be among the largest residential communities in the emirate, providing homes for 320,000 individuals. In addition, the development will include a range of modern facilities, including extensive parks, schools, retail stores, mosques, medical centers, community centers, and area for government facilities.


20. Talal Al Dhiyebi, CEO at Aldar Properties PJSC

Aldar Properties PJSC is the leading real estate developer in Abu Dhabi, and through its iconic developments, it is one of the most well known in the United Arab Emirates, and wider Middle East region. Aldar develops exciting and innovative projects, such as the internationally recognized HQ building situated in the Al Raha Beach development, the Gate Towers in Shams Abu Dhabi on Al Reem Island, in addition to Yas Island’s F1 circuit.

Talal is the Chief Executive Officer at Aldar and according to the company’s website, he previously held the position of Chief Development Officer and Executive Director of Asset Management since the merger with Sorouh in 2013.


21. Rahail Aslam, CEO of Select Group

As Founder and CEO, Rahail has taken Select Group from a nascent property developer to one of the largest, multi-disciplinary, privately-owned property development and real estate investment companies in the GCC, with interests expanding to the UK and Europe.

Under his leadership, Select Group now has a development portfolio of 19.5 million square feet, worth GDV of AED 17 billion.  A driven individual with a strong belief in value creation, cost leadership and efficiency, Rahail has brought together a management team with the same ethos who can deliver his vision for constant improvement and wealth creation for both customers and stakeholders.


22. Nicolas Naples, CEO of AMAALA

Nicholas Naples brings three decades of experience in luxury hospitality to the AMAALA project. AMAALA is an ultra-luxury tourism project on Saudi Arabia’s northwestern coast inspired by the Red Sea. Composed of three communities based on the pillars of Art & Culture; Wellness & Sports; and Sun, Sea & Lifestyle, and rooted in philanthropy, the project will come to life as part of Saudi Arabia’s Vision 2030 roadmap.

Sustainability is at the heart of AMAALA, and the project delivers upon the Kingdom of Saudi Arabia’s Vision 2030 pillars of the cultivation of a vibrant society, a sustainable economy, and a protected natural environment. Taking inspiration from the Bedouin tribes who traditionally hold a deep respect for and connection to the ancestral lands and seas that sustain them, a commitment to world-class sustainability is an integral part of AMAALA’s brand promise.

C-suite experience of Nicholas spans from management and development of five-star hotels, resorts, mixed-use integrated resort properties that include hotels, casinos, retail malls, residential, office/commercial, entertainment/performance venues, golf, and sports clubs.