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Power Hour 2020: Rankings 48 to 52

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.

48. HE Hesham Al Qassim, CEO of Wasl Asset Management

wasl was established on May 25, 2008 by the Dubai Real Estate Corporation (DREC) to oversee the management of its assets and grow its real estate portfolio. Its main objective is to strengthen Dubai’s position as the premier hub to live and work in and at the same time be the ultimate destination for tourists.

One of their major projects in the past 12 months has been the Warsan Project. The company announced in 2019, that construction on its Warsan project is well underway for a timely delivery. As per the companies press release in September 2019, the project had 60% of the construction and 95% of infrastructure work completed to date. The structural works in all buildings of the development are complete, and MEP activities are in progress.


49. Murali S. Managing Director at Al-Futtaim Engineering and Technologies

Al-Futtaim Engineering & Technologies offers customers complete engineering and systems integration solutions.

Established over 45 years ago, the Engineering arm operates in the United Arab Emirates, Kingdom of Saudi Arabia and Egypt and provides a wide variety of products and services for the construction industry from air conditioning, scaffolding and access solutions, elevators and escalators, control and life safety, facilities management, building products, MEP, Technology Infrastructure and Digital transformation.

The Technologies division provides complete business solutions to large, medium and small customers that include networking solutions, IP telephony, infrastructure, contact centre solutions, business applications, ELV systems, professional audio-visual solutions and managed services.

These solutions are further complemented by services that include project management, installation, testing, commissioning and after-sales maintenance contracts.



Imran Farooq along with his company takes pride in the companies’ ability to work closely with clients and to address and meet individual needs. Samana Group’s strength is in its highly professional and transparent approach.

Visionary businessman Imran Farooq, Chief Executive Officer of Samana Group of Companies, has 20 years of Business Management experience and his mission is to endeavor for wholehearted satisfaction of companies’ clients and exceptional services.

Samana Group of Companies is a Dubai-based well-diversified and well-established business conglomerate comprising of eight companies engaged in immigration services, investment, real estate development and asset management, playing their role in the UAE and GCC economies with outstanding professional approach.

In the past 12 months, the company has completed their Samana Greens project and are working on their new Samana Golf Avenue project.


51. Nasser bin Masoud Al Sheibani, CEO of Al Mouj Muscat

Al Mouj Muscat is Oman’s first and leading oceanfront community that is a class apart and has no comparable competition. The award-winning master plan defines a luxury lifestyle and leisure destination in the heart of Muscat that naturally connects people, businesses and cultures to create a thriving community that is positively integrated with a sustainable environment.

Nasser bin Masoud Al Sheibani, CEO of Al Mouj Muscat, said; “As the Sultanate’s first integrated residential development, incorporating over 6,000 new homes, a 400-berth marina, an 18-hole PGA championship golf course that’s listed in the world’s top 100, luxury and authentic hospitality and vibrant retail, leisure and dining opportunities, Al Mouj Muscat urges families and individuals to live life to the fullest, do better, see more and live richer. Here, every moment spent, every opportunity explored, is life Inspired.”


52. Benoy Kurien, Group CEO of Al Hamra

Benoy Kurien has been the driving force behind Al Hamra’s successful expansion. As Group CEO of Al Hamra, the leading real estate developer, services provider and investment company in the Northern Emirates, Benoy oversees the operations and assets of the US$1 billion group. Benoy started his career with Al Hamra in 1998 and successfully earned his stripes, climbing the career ladder to his current position in a short span of time.

Benoy has been instrumental in shaping Al Hamra and it many entities, and keeps the team motivated to achieve new horizons of growth. Keeping himself up-to-date with all critical financial and strategic information, he focuses on driving Al Hamra’s sustained growth.