Alargan Towell appoints Mohammed Al Abri as new CEO

Business Monday 12/February/2018 12:41 PM
By: Times News Service
Alargan Towell appoints Mohammed Al Abri as new CEO

Muscat: The board of directors of Alargan Towell Investment Company, a leading real estate development company in the Sultanate, announced the appointment of Mohammed bin Mousa Al Abri as chief executive officer as of January 30, 2018.
“We are pleased to welcome Mohammed Al Abri who brings a vast experience in the real estate market in Gulf and Middle East in addition to his track record in Oman. Alargan Towell has adopted a direction to increase the ratio of Omani executives in the company, and with Al Abri’s experience, we are confident that he will successfully drive the company’s strategy forward and achieve its objectives in the coming years,” Hussein Jawad, chairman of the Board of Directors of Alargan Towell, said.
“The appointment of Mohammed Al Abri fulfils the company’s vision to increase the number of local professionals who are well armed with the abilities and experience to drive the Company’s sustainable growth amidst a strongly competitive and promising local market. We look forward to having Al Abri lead Alargan Towell into a new phase of growth in the Omani market, as well as grabbing increased opportunities in the regional market,” Eng. Khaled Al Mashaan, Alargan International Real Estate Company CEO and vice-chairman of the Board of Directors, said.
“I thank the board of Alargan Towell for their trust in me as I look forward to developing the company’s operations in line with current market dynamics and a future outlook that looks very promising with the launch of new real estate funds and expected capital flows that will drive the market into a new phase of growth,” Mohammed Al Abri said.
“Today, Oman’s real estate market has the fundamentals to be a pillar in the national economy, and we at Alargan Towell are well equipped to contribute towards the Nation’s growth thanks to a strong experience in the real estate field,” he added.
Mohammed Al Abri has over two decades of experience, having held various senior executive positions in leading Middle East companies. Prior to his current position, he worked for three years at the Alargan Towell Investment Company as the general manager of the Palm’s Beach Company, the developer of the Al Nakheel Integrated Tourism Complex (ITC), a project which is being developed into a modern mixed-use urban community on the coastal area of Al Rumais, overlooking the sea of Oman.
He has also worked in Kuwait as the group operations support manager with Al Taameer Real Estate Investment Company (Al Taameer). His responsibilities included the supervision and provision of operational support to the hotels and real estate properties owned or operated by Al Taameer in different countries. He also worked with the same company for over five years in Morocco as the country manager and was responsible for the company’s overall operations, business development, and management of its investment portfolio. At the same time he also held the position of cluster general manager of the Ramada hotels, which were owned and operated by the company.
Mohammed holds degrees and qualifications in accounting, computer science, hospitality management, hotel investment, asset management, and revenue management.