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Ahmed ElSheikh , CEO

Ahmed ElSheikh

CEO·MARABCo Group

Egypt

Bachelor's degree, Architecture

Work experience

Total years of experience: 20 years, 7 months

CEO

November 2022 - January 2025

MARABCo Group

Saudi Arabia

November 2022 - January 2025

Strategic Leadership:
- Managed a SAR 1.7B portfolio in construction, real-estate development, and hospitality.
- Boosted ROI by 30% through high-impact projects.
- Implemented sustainable designs reducing energy consumption by 20% and meets LEED certification requirements.
- Aligned strategies with the Board, achieving 80% of strategic goals
- Recovering SAR 3M from the Zakat Authority by addressing discrepancies in prior financial statements.
Operational Efficiency:
- Increased productivity by 17% and cut project turnaround times by 25%, by optimizing resources.
- Reduced operational costs by 10% through waste reduction and vendor optimization.
- Oversaw SAR 230M in developments, delivering a 20% ROI.
Innovation and Change Management:
- Led ERP system implementation, improving operational efficiency by 65%.
Financial Performance:
- Secured a 65% increase in occupancy rates through corporate agreements.
Team Development:
- Improved employee satisfaction by 15% and promoted 7 employees to leadership.
- Launched a mentorship program, increasing internal promotions by 10%.
Long-Term Vision:
- Championed green building initiatives, cutting power consumption by 25% and ensuring LEED compliance.
Corporate Social Responsibility:
- Developed 50 affordable housing units, supporting social sustainability.
Market Insights:
- Launched 2 mixed-use buildings, 1 hotel, 1 residential compound, 10 residential buildings, and secured 35 Letters of Intent (LOIs) through strong investor relations for off-off-plan sales.

Company industry:
Real Estate
Job role:
Management

General Manager

January 2019 - November 2022

IFCDPM (INMAA for Construction, Real Estate, Property Mgmt

Cairo, Egypt

January 2019 - November 2022

Strategic Leadership and Growth:
- Directed a $1.5 billion real estate portfolio, managing high-value projects and achieving 200% market share growth and a 45% ROI increase.
- Applied cost-reduction strategies that cut expenses by 23% and Facilitated EGP 250 million in new investments.
- Enhanced investor returns by 20% annually through innovative management practices.
Innovation and Operational Excellence:
- Utilized advanced construction techniques like post-tensioning and bubble deck, reducing project timelines by 20%.
- Led the adoption of ERP systems, boosting cost efficiency to 95%.
Market Expansion and Development:
- Secured $20 million in contracts by entering emerging African markets and founded a trading company and wood factory, achieving 10% procurement cost savings and 15% ROI.
- Supervised the development of 4 multi-use buildings and a residential complex, expanding the portfolio significantly.
Long-Term Vision and Strategic Planning:
- Furnished a 5-year business strategy with Porter’s analysis to enhance competitive positioning.
Corporate Social Responsibility and Sustainability:
- Initiated CSR initiatives, including constructing 1 mosque, 1 museum, and 2 schools.

Company industry:
Real Estate
Job role:
Management

Operations Manager

January 2017 - January 2019

CSCEC (China State Construction Engineering Corp. Ltd

Cairo, Egypt

January 2017 - January 2019

- Oversaw the execution of skyscraper complex projects and managed Engineering, Procurement, and Construction (EPC) contracts valued at USD 1.65 billion. Directed feasibility studies, contract negotiations, and design from concept to issue for construction, cost estimation using Uniformat, scheduling, and operation.
- Collaborated with government entities and consultants (Currie & Brown, Dar Al-HANDASAH) to ensure compliance and project success, including strategic negotiations to secure favorable contract terms.
- Awarded "Top Employee" by CSCEC China twice for exceptional performance over 2 years.
- Achieved a 0% accident rate throughout the project, maintaining an exemplary safety record.
- Increased revenue by 10% through effective value engineering and cost optimization strategies.

Company industry:
Construction & Building
Job role:
Construction and Building

GGC (Global Group Contractors), Construction, Real Estate Development, Property - MENA

January 2010 - January 2017

GGC (Global Group Contractors), Construction, Real Estate Development, Property

Sharjah, United Arab Emirates

January 2010 - January 2017

• Contributed to the completion of USD 550 million projects’ value.

Company industry:
Construction & Building
Job role:
Management

OCI (Orascom Construction Industries) Construction, Worldwide

July 2004 - January 2010

OCI (Orascom Construction Industries) Construction

Washington, United States

July 2004 - January 2010

• Contributed to the completion of $1.2 billion in USD projects’ value.

Company industry:
Construction & Building
Job role:
Construction and Building

Education

Faculty of Engineering, Mansoura University

May 2004

May 2004

Bachelor's degree, Architecture

Egypt

GPA (percentage): 60%

GPA (percentage): 60%

Skills

Public Speaking
Expert
Public Speaking
Expert
Startups
Expert
Startups
Expert
Leadership
Expert
Leadership
Expert
Property Management
Expert
Property Management
Expert
Value Engineering
Expert
Value Engineering
Expert
Cost Control
Expert
Cost Control
Expert
P&L Management
Expert
P&L Management
Expert
Visionary Leadership
Expert
Visionary Leadership
Expert
Construction industry knowledge
Expert
Construction industry knowledge
Expert
Financial management
Expert
Financial management
Expert
Team management
Expert
Team management
Expert
Relationship building
Expert
Relationship building
Expert
Real Estate Project Management
Expert
Real Estate Project Management
Expert
Business Development
Expert
Business Development
Expert
Strategic Planning & Execution
Expert
Strategic Planning & Execution
Expert
Team Building
Expert
Team Building
Expert
Financial terms
Expert
Financial terms
Expert
Budget management
Expert
Budget management
Expert
Investment evaluation
Expert
Investment evaluation
Expert
Problem-solving
Expert
Problem-solving
Expert
Profitability
Expert
Profitability
Expert
Top-Line Profit Maximization
Expert
Top-Line Profit Maximization
Expert
Operational management
Expert
Operational management
Expert
Technical Support
Expert
Technical Support
Expert
Interpersonal Skills
Expert
Interpersonal Skills
Expert
FIDIC and Law
Expert
FIDIC and Law
Expert
Communication Skills
Expert
Communication Skills
Expert
Operational Excellence
Expert
Operational Excellence
Expert
Data analysis
Expert
Data analysis
Expert
Accountability
Expert
Accountability
Expert
Excellent communication
Expert
Excellent communication
Expert
Corporate Strategy Development
Expert
Corporate Strategy Development
Expert
Business Visioning
Expert
Business Visioning
Expert
Building codes
Expert
Building codes
Expert
Regulatory Policies & Laws
Expert
Regulatory Policies & Laws
Expert
MENA Region Experience
Expert
MENA Region Experience
Expert
Financial performance
Expert
Financial performance
Expert
Real estate industry
Expert
Real estate industry
Expert
commercial proposals
Expert
commercial proposals
Expert
Team leadership
Expert
Team leadership
Expert
Key financial decisions
Expert
Key financial decisions
Expert
Policy formulation
Expert
Policy formulation
Expert
Sales pipeline management
Expert
Sales pipeline management
Expert
communication and reporting
Expert
communication and reporting
Expert
Innovation
Expert
Innovation
Expert
Financial acumen
Expert
Financial acumen
Expert
Corporate Governance
Expert
Corporate Governance
Expert
Continuous Improvement
Expert
Continuous Improvement
Expert
Reporting and communication
Expert
Reporting and communication
Expert
Planning and development
Expert
Planning and development
Expert
Analytical skills
Expert
Analytical skills
Expert
Strategic leadership
Expert
Strategic leadership
Expert
Financial strategy
Expert
Financial strategy
Expert
Negotiation skills
Expert
Negotiation skills
Expert
Adaptability
Expert
Adaptability
Expert
decision-making
Expert
decision-making
Expert
Operational oversight
Expert
Operational oversight
Expert
Representation
Expert
Representation
Expert
Competitor analysis
Expert
Competitor analysis
Expert
Organizational growth
Expert
Organizational growth
Expert
Quality assurance
Expert
Quality assurance
Expert
Strategic Planning and Execution
Expert
Strategic Planning and Execution
Expert
Leadership.
Expert
Leadership.
Expert
Decision-making & Problem-Solving
Expert
Decision-making & Problem-Solving
Expert
Real Estate Development
Expert
Real Estate Development
Expert
Data Analysis and Interpretation
Expert
Data Analysis and Interpretation
Expert
Startup.
Expert
Startup.
Expert
Public speaking
Expert
Public speaking
Expert
Economic feasibility study
Expert
Economic feasibility study
Expert
Negotiation
Expert
Negotiation
Expert
Risk Management
Expert
Risk Management
Expert
Business development & Sales
Expert
Business development & Sales
Expert
Value engineering
Expert
Value engineering
Expert
Contractors & Vendor Management.
Expert
Contractors & Vendor Management.
Expert

Social profiles

Languages

Arabic

Native Speaker

English

Expert

French

Beginner

Memberships

Egyptian Engineers Syndicate

Member

June 2004

Saudi Engineers Syndicate

Member

January 2023

Hobbies and interests

Listening To Music