Mr. Riad Al-Sadik - Palestine
Lifetime Achievement - 2015
"Riad Al-Sadik is a renowned figure in the Middle East construction business, having founded Al Habtoor Engineering Enterprises with Khalaf Al Habtoor in 1970. Initially, the company had less than 100 employees but, has since grown to employ over 25,000 people and is now operating throughout the Middle East, with a turnover worth billions of dollars. Al-Sadik was born in Deir El Kasi, Palestine, as the youngest son in a family of four brothers and three sisters in 1943. Following the Israeli invasion of Palestine in 1948, the family was forced to flee to Lebanon. Now a refugee in Lebanon, Al-Sadik defied the difficult circumstances and finished high school at the American Gerard Institute, now the National Evangelical School in Sidon, and received a full-scholarship to American University of Beirut, from which he graduated in 1964 as a civil engineer. Upon graduation he trained and worked in the United Kingdom and Saudi Arabia. What followed is an illustrious career in the construction business. Today, Riad Al-Sadik continues to push boundaries and expand operations. He is the Chairman of Habtoor Leighton Group, which was founded in 2007 following the merger of Al Habtoor Engineering with Gulf Leighton, the operating company of Australia’s largest project development and contracting group, CIMIC Group, in the Gulf region, and which comprises eleven different companies. In addition, Riad Al-Sadik is the owner and chairman of numerous companies both in the Middle East and abroad. Beyond his business interests, Al-Sadik is an active philanthropist who promotes the improvement of industry standards and supports the humanities. He is Vice Chairman of the Board of Governors of the Pearl Initiative as well as on the Board of Trustees of the Institute for Palestine Studies, Birzeit University, Bethlehem Development Board and the American University of Sharjah. He is also a sponsor for the Riad Toufic Al-Sadik Chair of Civil Engineering at the American University of Sharjah and the “Riad Toufic Al-Sadik School of Law and Management” at Birzeit University. Married to Hassana Al-Sadik, he is the father of Lina, Suha, Danya, Gheeda and Talal. He resides in the United Arab Emirates and is a UAE national."