< Previous48 JUNE 2024 | POWER 150 | Khaled Ibrahim Al-Rawaf, CEO of Al-Rawaf Contracting, makes his debut on Construction Week Middle East’s Power 150 list. As a subsidiary of Sakef Holding, Al-Rawaf Contracting excels in construction, urban development, infrastructure, and energy solutions, building solid relationships since 1996. In the past 12 months, Al-Rawaf Contracting has signed contracts worth over approximately $1.35 billion (SAR5 billion) for major projects in NEOM, Riyadh, Jeddah, and Dammam. Key partners include the National Water Company, and various Saudi ministries. Notable projects include the Eastern Pipeline project and extensive infrastructure developments in Sedaym District, Jeddah, which were completed seven months ahead of schedule. Al-Rawaf Contracting’s “We Know the Way 2026” strategy is based on expanding and developing according to modern standards. The company has partnered with international fi rms like Al-Fanar Building Systems and China Civil Engineering Construction Corporation, reinforcing its global presence. The past year’s projects totalled over $1.89 billion (SAR7 billion), refl ecting steady growth in infrastructure, water, and energy solutions. Through its collaborations with Public Investment Fund companies, public institutions, ministries, and government agencies, Al-Rawaf Contracting has formed strategic alliances with Saudi, regional, and global companies. This approach enhances project speed and accuracy while maintaining the highest quality standards. To support its strategic goals, the company is expanding its operations and expertise by establishing new factories and sister companies, including a recently opened iron and precast concrete facility. Furthermore, the contractor remains committed to community engagement, sponsoring and participating in social events, training university students, and contributing to volunteer work. The company’s comprehensive approach ensures quality and excellence in every project, solidifying its position as a leader in Saudi Arabia’s construction industry. Khaled Ibrahim Al-Rawaf CEO, Al-Rawaf Contracting 301-3 BED PREMIUM WATERFRONT RESIDENCES IN THE HEART OF DUBAI. DURING CONSTRUCTION ON COMPLETION PAYMENT PLANPAYMENT PLAN 800 999 999 PRE -LA UNCHING AT50 JUNE 2024 | POWER 150 | Simon Karam Chairman, Sarooj Construction Company Anil G Pillai Founder & Chairman, Airolink 31 32 Heading Oman-based Sarooj Construction Company (SCC) as its Chairman is Simon Karam who takes a spot at 31 in the power list. Karam has been previously regarded by Construction Week Middle East as among the 20 most infl uential Arab leaders in the Middle East and North Africa construction industry, published in 2019. SCC stands as a cornerstone in meeting the expanding requirements of the Sultanate and its citizens. As a comprehensive end-to-end service provider, SCC off ers a diverse range of services poised to address any construction challenge eff ectively. Notably, SCC’s MEP division has played a pivotal role in the prestigious Mall of Oman project developed by Majid Al Futtaim, further exemplifying its expertise and contribution to the nation’s infrastructure landscape. Its work includes dismantling overhead lines, laying power cables, relocating substations, and installation of street lighting. Off ering everything from pre- construction services to complete turnkey construction projects is Airolink, with its Founder and CEO, Anil Pillai sitting at the 32nd spot in our contractors list. Standing at the forefront of the company’s growth, Pillai steered Airolink’s journey from pre-construction consultations to full-fl edged turnkey construction projects. Since founding the construction group in Ireland in 2001, Pillai has overseen its expansion into offi ces across Ireland, Dubai, Abu Dhabi, and India, underscoring his strategic vision and leadership prowess. Airolink boasts a comprehensive suite of services, ranging from pre-construction planning to the execution of multi-million- dollar projects. With a portfolio exceeding $1.9 billion, the company has successfully delivered numerous landmarks, including six shopping complexes, three hotels, and various government buildings. Beyond construction, Airolink has diversifi ed its presence into sectors like Operating in Oman since 1976, Sarooj Construction Company was re-structured in 2006 and has an established track-record and leading reputation for the provision of earthworks, geo-technical, marine, infrastructure, airports, roads, buildings, electrical and mechanical works and site temporary facilities for the oil and gas and other industrial sectors in Oman. Some of the projects undertaken by Sarooj include Hail-Majaz-Hoqain Road EPC Package, Madha Road, Mall of Oman—enabling and highway works, Muscat International Airport— runway ground works, among other civil, buildings, and oil and gas projects. It also worked on Oman’s fi rst biodiesel and biofuel plant in Samail Industrial Estate. Presently, the Omani contractor boasts a workforce of over 3,400 employees, showcasing substantial growth, and maintains an annual turnover surpassing $160 million, highlighting its robust fi nancial performance and enduring success. aviation, trading, hospitality, medical, and fi nance, demonstrating its adaptability and versatility. Under Pillai’s stewardship, Airolink has prioritised innovation in design and implementing streamlined construction methodologies. With an increasing focus on sustainability and technology integration, the company is positioned to further expand its portfolio over the next fi ve years, particularly in the construction and oil and gas sectors. Pillai’s dedication to excellence and forward-thinking approach has propelled Airolink to the forefront of the global sustainability movement, with the UAE serving as a pivotal hub for growth and innovation. Some of Airolink’s most notable projects in the Middle East include the Art of Living Mall, the SEVEN Hotel and Apartments at The Palm, Jafza Traders Market, the Ministry of Human Resources and Emiratisation building in the UAE, the Al Mamzar Byblos Hotel, and Roda Tower in Abu Dhabi.JUNE 2024 51 | POWER 150 | Justin Siberell Regional President EMEA, Bechtel 33 Justin Siberell holds the position of Regional President for Europe, Africa, and the Middle East at Bechtel, where he plays a crucial role in managing regional relationships and supporting the execution of projects across the company’s four business units. With over 25,000 projects completed in 160 countries across all seven continents since its inception in 1898, Bechtel boasts an illustrious history marked by iconic achievements. Among its notable projects are the Hamad International Airport, Kuwait Oil Field Restoration, Ras Al Khair Aluminium Smelter in Saudi Arabia, John Flecker, CEO of Multiplex, is a key fi gure in the growth and management of the Australia-based company. Since 1987, Flecker has played a pivotal role in the company’s success. His expertise has been instrumental in driving Multiplex forward. Beyond his responsibilities at Multiplex, Flecker is actively involved in various industry groups. He has served as a Director of the Australian Constructors Association since 2010 and held the position of President from 2016 to 2017, demonstrating his commitment to advancing the construction industry. CEO of Bin Zafrah Contracting Company, Saad Binzafrah, embodies a legacy of 40 years marked by dedication and continuous achievement. With a comprehensive range of activities and services, the company leverages innovative ideas and extensive experience to excel in infrastructure development, construction, and architectural specialisations. Inspired by the Arabian horse, Bin Zafrah Contracting integrates fi ve core values, humanity, excellence, reliability, sustainability, and effi ciency, into its operations. These values form Al Taweelah Alumina Refi nery, and Dubai International Airport. Under Siberell’s leadership, Bechtel remains steadfast in its delivery of purposeful projects that leave a positive and enduring legacy in the Middle East. By upholding high standards, Bechtel continues to push the boundaries of what is achievable in the realms of engineering and construction. With Siberell at the helm, Bechtel is well-equipped to navigate the complexities of the global marketplace, drive sustainable growth, and seize new opportunities for collaboration and expansion in the Middle East. In the Middle East, Multiplex Construction has achieved signifi cant milestones, completing several high-profi le projects such as ICD Brookfi eld Place and the Address Residences Jumeirah Resort. The company’s commitment to excellence was recognised through multiple awards at the 2020 Construction Week Middle East Awards. Notably, Multiplex received the prestigious ‘Commercial Project of the Year’ award for ICD Brookfi eld Place and the ‘Health and Safety (HSE) Initiative of the Year’ for their Workers’ Rights, Representation, and Welfare initiative. the cornerstone of the company’s commitment to quality, reliability, and environmental stewardship. Through the adoption of modern technology and adherence to the highest standards of governance and transparency, Bin Zafrah Contracting ensures eff ectiveness and effi ciency across all endeavours. According the Saad Binzafrah, the company’s partners are not just stakeholders but rather integral contributors to realising shared dreams and ambitions as they build a more resilient future. John Flecker CEO, Multiplex Saad Binzafrah CEO, Bin Zafrah Contracting Company 35 34| POWER 150 | 53 JUNE 2024 DEVELOPERS54 JUNE 2024 | POWER 150 | Appointed by His Royal Highness Crown Prince Mohammed bin Salman, Jerry Inzerillo is the fi rst Group CEO of the Diriyah Gate Development Authority (DGDA). Under his leadership, Diriyah, a $63.2 billion (SAR237 billion) gigaproject on the outskirts of Riyadh, is being transformed into a global cultural and entertainment destination. Diriyah Company has made remarkable strides over the past year, reinforcing its dedication to transforming Diriyah into a premier global cultural and entertainment hub. The company has progressed signifi cantly on its 14km2 gigaproject, laying the groundwork in key areas and inaugurating several signifi cant developments. In December 2023, Diriyah Company hosted the inaugural Bashayer event, marking groundbreaking ceremonies for seven prestigious hotels, including Aman, Oberoi, Six Senses, The Ritz-Carlton Diriyah, Address Diriyah, Capella Diriyah, and Four Seasons Hotel Diriyah. The event also confi rmed the opening of the Bab Samhan, a Luxury Collection Hotel, in 2024. Once complete, the City of Earth project will eventually feature over 40 hotels. Construction commenced on Diriyah Square, a massive shopping destination spanning 186,000m2, which will host over 400 lifestyle, retail, and dining options, alongside fi ve low-rise offi ce buildings designed in the traditional Najdi style. The Zallal project in the Bujairi District also began construction, featuring two low-rise offi ce buildings with space for a 500-strong workforce and 12 mixed retail and F&B outlets over approximately 8,000m2. Furthermore, two major entertainment venues were inaugurated: The Arena in Diriyah, covering 76,000m2 with a 20,000- seat capacity, designed by London-based HKS Architects, and the Royal Diriyah Opera House, a collaborative project with Snøhetta and Riyadh-based Syn Architects, spanning 45,000m2. Diriyah Company also opened Bujairi Terrace, a fully pedestrianised area with stunning views of the UNESCO World Heritage Site At-Turaif and Wadi Hanifah. Since its opening at the end of 2022, Bujairi Terrace has welcomed over two million visitors. The area boasts over 20 restaurants, Jerry Inzerillo Group CEO, Diriyah Company 1JUNE 2024 55 | POWER 150 | including brands like Hakkasan and Long Chim, as well as local Saudi and international restaurants. At-Turaif, Saudi Arabia’s most signifi cant heritage site, has been permanently opened to the public, marking a milestone for Diriyah and the kingdom. These projects are part of Diriyah Company’s extensive investment pipeline, with construction continuing over the next few years. As Diriyah Company moves into the second half of the year, it is actively managing a diverse portfolio of projects to enhance Diriyah’s status as a global destination. These include the Diriyah Art Futures (DAF) centre, dedicated to new media arts, and the recently announced Baccarat Residences Diriyah, marking the debut of Baccarat- branded residences in Saudi Arabia. Other luxury residences in development include The Ritz-Carlton Diriyah and Corinthia Diriyah. Diriyah Company is committed to numerous CSR initiatives aimed at improving circular economy and waste management practices, maintaining and enhancing biodiversity, and monitoring their environmental footprint. They have achieved Platinum certifi cation under the USGBC LEED rating system and are enrolled in Saudi Arabia’s sustainability certifi cation program, MOSTADAM, aligning with Vision 2030’s objectives. The company is dedicated to empowering the people of Diriyah, with nearly 83% of its staff being Saudi, 14% of whom are Diriyah locals, and 36% of the workforce being women, 16% of whom hold management roles. The developer has also implemented numerous initiatives to improve circular economy and waste management practices, maintain and enhance biodiversity, and monitor its environmental footprint. Furthermore, the Diriyah Engineering Development Program supports and empowers Saudi talent from various engineering and urban sectors, contributing to the area’s transformation while celebrating the local community, showcasing social, cultural, and historical achievements and establishing a strong foundation for the future. Diriyah Company’s recent achievements and ongoing projects highlight its leadership in cultural and entertainment development, while its CSR initiatives demonstrate a strong commitment to sustainability and community engagement. “THE DIRIYAH ENGINEERING DEVELOPMENT PROGRAM SUPPORTS AND EMPOWERS SAUDI TALENT FROM VARIOUS ENGINEERING AND URBAN SECTORS”56 JUNE 2024 | POWER 150 | Mohamed Alabbar Founder & Chairman, Emaar Properties 2 Recording an impressive 50% increase in sales in the fi rst quarter of 2024, Founder and Chairman Mohamed Alabbar makes it to the top three of this year’s power list. Having been at the forefront of global real estate since 1977, Alabbar has spearheaded the growth of Emaar Properties, attaining an unmatched track record of successfully developing residential, retail, entertainment, hospitality, and leisure assets. In Q1 2024, the developer successfully launched 10 projects across various master plans, further solidifying Emaar’s position as a market leader. Over the years, Alabbar has developed Ranked amongst the top fi ve this year is Talal Al Dhiyebi, Group CEO of Abu Dhabi-based Aldar Properties. Al Dhiyebi holds prominent positions on several company boards, serving as Chairman of Aldar Investment, Chairman of Aldar Estates, Vice- Chairman of Aldar Education, among others. Having been with the company prior to assuming the role of CEO in 2017, Al Dhiyebi has occupied various leadership positions within Aldar Properties since its merger with Sorouh in 2013. Under Al Dhiyebi’s stewardship, Aldar At the helm of Dubai Holding Real Estate (DHRE)’s empire sits CEO, Khalid Al Malik. After holding a number of key positions within the Dubai government, Al Malik now oversees a vast portfolio at DHRE encompassing urban planning, infrastructure development, and management of Dubai’s largest land bank. His responsibilities extend beyond the emirate, guiding the company’s international investments in cities like Malta and Kochi. He also fosters strong relationships with local and international investors, ensuring smooth world-class mixed-used projects including his retail business across 20+ markets in the Middle East, North and Sub-Saharan Africa, Central and Eastern Europe, South and South East Asia, and the US. Most recently, the Dubai-based developer has revealed its plans to develop The Oasis, a luxury community that will cover 9.2 million square metres. It will include 7,000 luxury units, including townhouses, villas, and super- mansions. Additionally, Emaar has fi nalised the designs for its Dubai Square project, a mega shopping and entertainment complex in Dubai Creek Harbour. Properties has delivered robust fi nancial results, propelled by the strong performance of the Aldar Development business and the recurring income portfolio of Aldar Investment. His leadership has bolstered the company’s competitive position in the industry and its ability to seize growth opportunities. In the last 12 months, Aldar has launched numerous projects including a Grade A logistics facility at Dubai South, its fi rst residential project in Saadiyat Island, a premier collection of residences in Yas Island, and ‘The Source’ at the Saadiyat Cultural District, The Sustainability City. government aff airs for the company. Over the past 12 months, DHRE has launched a number of projects including a Delano- branded hotel at Bluewaters Dubai, a project that it is undertaking with Ennismore. The hotel is set to open by late 2024 and will feature 251 guestrooms, private pools, and mixology experiences. In August 2023 last year, DHRE also undertook enhancement projects for its existing communities in the Dubai as part of its commitment to the Dubai 2040 Urban Master Plan. Talal Al Dhiyebi CEO, Aldar Properties Khalid Al Malik CEO, Dubai Holding Real Estate 4 3Next >