The President and CEO of Omniyat Holdings and Omniyat Properties Mehdi Amjad has been named by the World Economic Forum (WEF) as ‘Young Global Leader 2008’.

Omniyat Holdings and Omniyat Properties are two of the most prominent companies on the vibrant real estate market of the UAE.

A selection committee comprising the world’s top media leaders and chaired by Queen Rania of Jordan, selected 30-year-old Amjad, who presides over businesses generating $1.5 billion of sales and more than 500 staff throughout the GCC region, for his outstanding technical and managerial achievements in accelerating Omniyat’s rise as a major private developer with a unique focus on smart and intelligent buildings.
 
“The World Economic Forum recognises and acknowledges the top young leaders from around the world for their professional accomplishments, commitment to society, and potential contribution to shaping the future,” said WEF founder and executive chairman Klaus Schwab.

“We need young global leaders to be a voice for the future in the global thought process and catalysts for initiatives in the global public interest.”

From its inception, Omniyat’s focus has been on developing iconic projects and creating futuristic, innovative and high-tech buildings, transforming people’s expectations of future homes and offices.

Omniyat translates from Arabic as ‘wishes’ and its vision reflects Amjad’s innovation in shaping the company into one of the region’s most respected and successful privately owned premium developers with an international reputation for world-class delivery.

“While I intend to steer Omniyat towards persistently pushing beyond conventional boundaries, this global honour, though personal in nature, belongs to the company as a whole and its dedicated staff,” said Amjad, who was last year named one of the GCC’s top 100 CEOs by CEO Middle East magazine.

Amjad joins a powerful Young Global Leaders community of 245 executives, public figures and intellectuals who are all aged 40 or younger. He has also been invited to join The Forum of Young Global Leaders, a global network of peers formed to significantly impact world affairs and shape the global agenda.

As part of their engagement, Young Global Leaders give their time to task forces to initiate, develop and drive innovative solutions on important, globally oriented issues, including health, education, the environment, global governance and security, and development and poverty. – TradeArabia News Service