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Gasser Bahgat, Senior Vice President

Gasser Bahgat

Senior Vice President·International Developments, Damac Properties

United Arab Emirates

Bachelor's degree, business admin.

Work experience

Total years of experience: 32 years, 5 months

Senior Vice President

September 2017 - Present

International Developments, Damac Properties

Dubai, United Arab Emirates

September 2017 - Present

International and GCC Real Estate developer of residential, commercial, retail, hospitality and high quality mixed used properties.
•Identification of viable projects and preparation of business cases to present to the Board of Directors.
• Manage a team to develop project concepts and specifications.
•Lead the municipal approvals process including assembling required documents, and consultation with neighbors, elected officials and stakeholders.
•Develop business plans for multi-unit projects.
•Act as development director for projects under development including:
•Developing budgets.
•Developing schedules with critical path milestones with planning department.
•Tendering all contracts.
•Preparing feasibility studies
•Managing and controlling expenses against the budget.
•Review all sorts of legal contracts
•Reporting to the board of Directors and Chairman on project progress.
•Manage all design teams in addressing deficiencies following substantial performance.
•Maintaining and uploading all records for all projects on the system.
•Develop strategies to develop new projects.
•Report to the Chairman on new actions, goals and targets related to the development of new or existing projects
•Choose financial, taxation and audit consultants
•Manage time schedules for various activities to ensure strategic plans and critical development processes are carried out in a timely manner.
•Seek and develop viable partnerships to advance the company’s strategic goals of creating new projects.
•Prepare regular reports on progress related to the Board Of Directors of real estate development activities.
•Develop, Mentor and supervise junior staff.
•Perform other related duties as required. Build the structure for startup companies in each country.

Company industry:
Real Estate
Job role:
Management

Chief Executive Officer

March 2015 - August 2017

Madaar Development

Cairo, Egypt

March 2015 - August 2017

Egypt’s Real Estate developer of residential, commercial, retail, hospitality and high quality mixed used projects.

•Built the structure and start-up for the company.
•Managed all pre-feasibility and feasibility studies
•Managed the overall performance, Plans of all the activities in branches, offices and departments
•Assigned and relocated resources to enhance over all performance.
•Developed and ensure implementation of strategies and objectives
•Developed annual operational planning.
•Managed the overall operation and resources of the company
•Managed all branding and creation of the company’s brand architecture
•Supervised all procurements
•Managed the legal team to deliver contracts, MOU and Development Agreements
•Negotiated all consultants contracts and scope of work
•Planed and managed all aspects of the engineering sector functions.
•Managed projects and ensured all projects are completed within budget and on time.
•Directed all phases of site constructions.
•Recruited staff members and oversee training programs.
•Managed the company’s Profit and Loss, to ensure maximizing the company overall profitability.

Company industry:
Real Estate
Job role:
Management

Chairman

January 2011 - March 2015

Amaken Holding ( Sabbour Group)

Egypt

January 2011 - March 2015

A real estate group of companies, which includes 4 different companies working in the field of real estate development, real estate brokerage, leisure developments and facility management. The company is part of Sabbour Group, one of the largest real estate groups in Egypt & the Middle East with projects in Egypt

Company industry:
Real Estate
Job role:
Administration

Chairman

January 2009 - January 2012

Red Sea Sharm for Tourism Development

Cairo, Egypt

January 2009 - January 2012

Owner of Oriental Coast a 5 million m2 fully integrated project with a total investment exceeding 2 billion USD including 13 hotels, 18 hole signature golf course, international marina (600 berth), convention center, down town and, more than 4000 residential units.
Vice Chairman and Managing Director, Greater Cairo for Development, Egypt 2009 - 2012

Owner of Baron City a 5000 units middle and upper middle class residential project, Baron Center the first furniture mall in Egypt, Baron Business Park. Fountain Park, high-end residential compound in New Cairo with an international fashion brand boutique hotel. Also projects in

Company industry:
Real Estate
Job role:
Management

Chief Executive Officer

January 2006 - January 2012

Orientals for Integrated Industries OII

Cairo, Egypt

January 2006 - January 2012

Helped the management in formulating the company strategy and business plans for the next 5 year

Company industry:
Civil Engineering
Job role:
Management

Chief Executive Officer

January 2006 - January 2009

Oriental Urban

Egypt

January 2006 - January 2009

Increased total sales in first year of operation from 35 to 780 million pounds.
•Maintained the same sales target within the year 2008 and 2009.
•Introduced 12 new projects to the company's portfolio.
•Established 3 new companies with a total capital of 250 million pounds.
•Negotiated with different international and local hotel chains to operate different properties in Cairo, Dubai and the Red Sea
•Succeeded in bringing new up- market and high-end hotel and spa chains to the Egyptian market.
•Managed a web of diversified real estate agents around the globe.
•Led the company to become one of the major players and developers in the Egyptian as well as the Middle East real estate and tourism market.
•Handled the negotiation with major contractors, consultants, designing firms, land escaping companies in Egypt, Europe and the USA to reach the best deals and terms to cut cost for all projects.
•Recruited more than 180 new employees and led them to meet the company’s strategic objectives.
•Renegotiated with all suppliers to reach new and better deals to cut cost.
•Developed and delivered on the company’s strategic plan in the most effective and efficient manner.
•Implemented the board’s policies and strategies.
•Developed and presented strategic and annual business plans to the board for approval.
•Managed the day-to-day operations of the company
•Managed, motivated, developed and lead members of the management team.
•Managed resources efficiently and effectively to achieve the company’s objectives.
•Took a leadership role in establishing and/or developing the company’s culture and values.
•Ensured compatibility between the company’s strategy and culture, and its structure and processes.
•Served as the chief spokesperson for the company and is responsible for all public relations.
•Acted as primary liaison with various governmental entities and organizations.

Company industry:
Real Estate
Job role:
Management

Business Development Director

January 1994 - January 2006

Al Ahly Real estate Development Co

Egypt

January 1994 - January 2006

Developed corporate strategy, change management. Studying and evaluating new business opportunities.
•Marketing research, retail audit report analysis and marketing intelligence.
•Leading & Launching new services including business plans, marketing plans, launching campaigns, and sales/after sales management.
•Developed and managed project phases, branding, positioning, marketing concept, and marketing campaigns. Selecting and managing advertising and media buying agencies effective relations.
•Launched and managed successfully the first full scale qualitative and quantitative market research campaign.
•Developed corporate strategy, and preparing business plans.
•Managed all the marketing activities such as product management, public relations, and demand generation; Advertising, marketing communication & market research.

Company industry:
Real Estate
Job role:
Management

Education

international business school

June 1994

June 1994

Bachelor's degree, business admin.

Egypt

Skills

BUSINESS PLANS
Expert
BUSINESS PLANS
Expert
LA GESTIÓN DE LA MARCA
Expert
LA GESTIÓN DE LA MARCA
Expert
MANAGEMENT
Expert
MANAGEMENT
Expert
MARKETING
Expert
MARKETING
Expert
PROCESS ENGINEERING
Expert
PROCESS ENGINEERING
Expert
PUBLIC RELATIONS
Expert
PUBLIC RELATIONS
Expert
REAL ESTATE
Expert
REAL ESTATE
Expert
RETAIL
Expert
RETAIL
Expert
SALES
Expert
SALES
Expert
STRATEGIC
Expert
STRATEGIC
Expert

Languages

English
Expert

Memberships

icsc

member

January 1999