Mehdi Amjad named as 'Top 100 GCC CEO'

The accolade reviewed executives with the most astute business acumen in the GCC who had been at the helm of achieving significant business goals within the past year in regard to financial growth, project completion, brand expansion or consolidation.

Mehdi Amjad gained this recognition in light of his achievements with Almasa Holdings, Omniyat Holdings and Omniyat Properties. Mehdi has taken Almasa Holdings from a Dhs1m start-up to a Dhs2bn company in 10 years.

He then repeated his 'Midas touch' approach with the establishment of Omniyat Properties. Within a mere two years, Omniyat Properties has successfully launched and almost sold out seven unique projects in Dubai, some of which have already gained worldwide acclaim and won multiple awards.

Omniyat Properties has doubled the value of its portfolio from five billion Dirhams at the end of 2006 to now Dhs10bn, and is set to again double it to around Dhs20bn by the end of 2008.

Mr Amjad was honored by the recognition, saying: "Such achievements are never the result of one-person alone. This success would not have been possible without the commitment, dedication and hard work of every member of the Almasa and Omniyat teams."