Orascom Development Holding AG
Mohab Akhnoukh is a seasoned procurement and business leader with extensive experience in various sectors. Currently serving as the Group Chief Procurement Officer and Group Head of Procurement at Orascom Development Holding since February 2019, Mohab also co-founded and is a Partner and Board Member of Cinnabon Egypt, successfully establishing over 45 locations nationwide since 2003. Previously, Mohab held key positions at Kazyon as Chairman of the Board and Chief Commercial Officer, and at SODIC Egypt as Corporate Cost Controller and Executive Director of Procurement. Academic credentials include a Negotiation and Influence certificate from MIT Sloan School of Management and dual BSEE degrees in Electrical Engineering and Finance from George Washington University.
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Orascom Development Holding AG
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Orascom Development Holding AG is a Switzerland-based company engaged in the real estate sector. Through its subsidiaries, the Company develops and manages integrated towns; hotels; private villas and apartments; and leisure facilities, notably golf courses and marinas. Its activities are divided into five segments: the Hotels segment involves operations related to hotels; the Real Estate and Construction segment involves acquiring land banks and constructing residential real estate; the Destination Management segment maintains finished construction projects; the Land Sale segment manages land transactions; and the Other Activities segment includes mortgage financing, development and management. Its portfolio includes touristic destinations in seven countries: Egypt, the United Arab Emirates, Jordan, Oman, Switzerland, Morocco, Montenegro, and the United Kingdom. The Company's wholly owned subsidiaries include Orascom Hotels and Development in Egypt.