Personal Info
- Country of residence: Saudi Arabia
Information
Sabih Taher Darwish al-Masri (born 1937 in Nablus) is a Saudi businessman of Palestinian origin. He is the cousin of investor Munib Al-Masry.
his personal life
Al-Masri was born to a Palestinian family from the city of Nablus, and his father was a businessman who owned many shares in various joint stock companies. But his father died when he was only 6 years old, and he inherited some shares and money from his father. He studied in Nablus and graduated from its high school, then went to study chemical engineering from the University of Texas, from which he graduated in 1963, and then returned to Nablus. He began working as an investor in Saudi Arabia in the late sixties of the twentieth century, and was helped by his strong relationship with Saudi people, until he obtained Saudi citizenship in the late sixties. Saudi investor.
After the development of his business, he owned the "Astra" agricultural company and bought agricultural land in Tabuk. With his interest in the agricultural field, he studied the agricultural specialization at the University of California, and he also purchased agricultural land in California. His agricultural company became specialized in sheep, then wheat, then fruits and finally flowers. In 2012, he became the Chairman of the Board of Directors of the Arab Bank, after he purchased some of the bank's shares. On July 25, 2012, the international rating agency Fitch affirmed its assessment of the Arab Bank at A- with a stable index, and this confirms the strength of the bank's financial position.
Al-Masry held the position of head of market management until the beginning of 2004, and has long, varied and distinguished experiences in the fields of investment, finance, and management in the economic, commercial, hotel, tourism, contracting, and other fields.
leadership positions
Al-Masry held several important positions, including:
Vice Chairman of the Board of Directors of the Palestine Investment Fund.
Presiding over the nomination committee.
Deputy, then chairman and director of the Arab Bank, since March 27, 1998.
Member of the Funds Investment Committee.
Leadership Contributions
He has established investment companies and financial economic institutions in Palestine, Jordan and the Arab region, including:
Arab Trade Cooperative.
ASTRA Group in 1966, which he founded and then managed, and it is the largest Saudi agricultural company - Saudi Arabia.
Chairman of the Board of Directors of Zara Investment Holding Company - Jordan.
Chairman of the Board of Directors of Vitel Holdings Ltd. Telecom Sector Established in 2006 with a paid-up capital of one billion US dollars, and later reduced in 2010 to 378 million dollars. Headquartered in the United Arab Emirates Services through its subsidiaries and distributors in Iraq, Kurdistan, Jordan and Africa Eastern Europe and Central America.
Member of Cairo Amman Bank.
Partner in the Jordanian Rum Agricultural Company - Jordan.
Member of the Board of Directors of the Palestinian Investment and Development Company - PADICO (since 1994).
Head of security at the Palestine Exchange.
Chairman of the Board of Directors of the Palestinian Telecommunications Group (since 1998) - Palestine.
Founder of the Palestine Stock Exchange.
Chairman of the Board of Directors of Sikon Building Materials Company (since 1968) - United Arab Emirates.
The founder of the Arabia Company for Catering and Trading, and its president, “within the Astra Group”, Riyadh - Saudi Arabia.
Chairman of the Board of Trustees of the Palestine International Award for Excellence and Creativity.
projects
Al-Masry is a major shareholder in a number of hotels, including:
InterContinental - Jordan.
Grand Hyatt Amman - Jordan.
Kempinski Hotel - Jordan.
Mövenpick Resort & Spa The Mövenpick Resort & Spa Dead Sea - Petra - Aqaba Dead Sea - Petra - Aqaba - Jordan.
ZARA Spa Dead Sea Resort - Jordan.
TalaBay Hotel Aqaba - Jordan.
Ayla Project - Aqaba
source
Achievements and Awards
- Years in active
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