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313:. Speaking of his firm's investments in the hotel industry Al Ardhi said, "It Ěs pretty much untapped. That Ěs why we Ěre investing in hotels in Oman. Oman is a fantastic country for tourism; the geography, the people, the topography, We have all the ingredients that make it a hot destination. It is untapped still. It is stable. And the growth is fantastic. That is why we are investing in this."
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Shaped by the experience of his country and his family, Al Ardhi was drawn into public service as a young adult. His father played a crucial role during this phase, encouraging his son to take up internships with the government rather than attend summer camps, play sports, or travel. Al Ardhi worked
326:
Three months after taking up his role as
Executive Chairman of Investcorp, Al Ardhi announced a new growth strategy aiming to more than double its US$ 10.8 billion Assets Under Management (AUM) over the medium term. A number of initiatives were communicated in relation to this plan, namely tapping
276:
Prior to his role with Sohar
International, Al Ardhi served as Vice Chairman and then Chairman of National Bank of Oman (NBO), one of the country's largest financial institutions. He was also the Chairman of the Executive, Nomination and Remuneration Committee (ENRC). As part of his role, Al Ardhi
236:
Al Ardhi's service with the Royal Air Force included serving as chairman of the OmanâU.S. Military
Commission and chairman of the OmanâIran Military Committee. He was appointed head of the Omani Air Force, a position he held for 10 years. While head of the air force, Al Ardhi worked hard to
297:, as well as other developments to support the countryâs ambitious tourism objectives as outlined in the Sultanate of Omanâs plan for its economy, Vision 2020. As of May 2013, Sundus has invested $ 60 million in hotels so far and plans four more hotels in Oman including an "eco hotel" on
173:, to Omani parents. His father was head of the regional customs office. Due to the demands of his father's career, Al Ardhi's family moved several times during his early life to various parts of western Oman. Eventually the family moved to Al Batana and finally to
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During the first year of his chairmanship, Investcorp strengthened its institutional shareholders base by agreeing to sell a 20% of interest in the company to
Mubadala Development Company, the Abu Dhabi-based investment and development company.
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He was presented with the âLifetime
Achievement Awardâ in recognition of his outstanding leadership across the organization and contribution to the financial services sector at the Alam-Al Iktissad Wal-Amaal (AIWA) Awards in 2019.
289:
Previously, Mohammed
Mahfoodh Al Ardhi served as the chairman of Rimal Investment Projects, which has mandate from the government to direct invest in real estate development, oil and gas industry, and information technology.
196:, further exacerbated Oman's problems. It wasn't uncommon for civilians to become victims of the political and military conflict. Al Ardhi's family was no exception. In 1968 and 1969, their homes in
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were bombed by revolutionaries. Government facilities, including his father's office, were often attacked. His father narrowly escaped death during a bombing when he stepped away from his desk.
611:
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Al Ardhi's childhood was often difficult, not just for his family but for Oman as a whole. Families often lived without running water and electricity during this period. The
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oversaw the bank's growth strategy and its corporate social responsibility programmes, especially those focusing on youth. Under Al Ardhi's leadership NBO has expanded into
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businessman and former military chief. He is currently the
Executive Chairman of Investcorp, Chairman of Bank Sohar, Previous Chairman of the
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He is the
Executive Chairman of Investcorp, a leading international provider of alternative investments with a special focus on the
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in
Cranwell with a Bachelor of Science in Military Science. He also attended the Command and Staff College in Bracknell and the
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Al Ardhi was also chairman of Al Ardhi Energy
Services, offering support services to oil and gas industry in the GCC region.
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In December 2017, Al Ardhi was appointed Chairman of Sohar International, a leading financial institution in Oman.
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into European Real Estate markets, establishing a global distribution platform and inorganic growth.
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Al Ardhi also chaired Sundus Investments, which as of 2013 is spearheading the first Rotana hotel in
281:. NBO has sponsored a conference on Islamic banking and implemented related training for its staff.
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A fighter pilot in the early part of his career, he went on to graduate from the United Kingdom's
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241:. Al Ardhi retired from the Royal Air Force with the rank of Air Vice Marshal.
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Al Ardhi lives in Muscat, Oman with his wife, three daughters and two sons.
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RAHIMA AL BALUSHI (18 March 2010). "Four Omanis conquer summit of Africa".
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261:. After graduation, he returned to Oman to join his family's business.
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and was both the youngest and longest serving native head of the
682:"Muscat the focus of Oman's aggressive plan for a tourism push"
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with approximately US$ 23 billion of assets under management.
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before he joined the Royal Air Force of Oman at the age of 17.
630:"AIWA Awards 2019: A night of winning for Sohar International"
188:(1965â1975), Britain's last colonial war in the region, and a
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from the article and its talk page, especially if potentially
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612:"Bank Sohar Board Appoints Mohammed Al-Ardhi as Chairman"
462:
Oman: the True-Life Drama and Intrigue of an Arab State
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Al Ardhi serves on the International Advisory Board of
596:"OMAN URGES GULF STATES TO LINK UP ON PROCUREMENT".
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Energy, real estate, tourism, and other investments
249:Following his military service, Al Ardhi earned a
567:"Omar re-elected NBO chief, Al Ardhi is deputy"
343:in Washington, D.C. and is a trustee for the
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177:, where Al Ardhi attended secondary school.
751:"Eisenhower Fellowships Board of Trustees"
733:"Investcorp announces succession planning"
648:"NBO plans to tap Islamic banking in Oman"
483:: CS1 maint: location missing publisher (
56:about living persons that is unsourced or
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127:Learn how and when to remove this message
753:. Eisenhower Fellowships. Archived from
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398:Mahfoodh Al Ardhi, Mohammed (2019).
389:Mahfoodh Al Ardhi, Mohammed (2010).
380:Mahfoodh Al-Ardhi, Mohammed (2008).
255:John F. Kennedy School of Government
161:, having joined as a fighter pilot.
16:Omani businessman and military chief
707:"Oman begins hotel-building spree"
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227:Royal Air Force Military Academy
165:Family background and early life
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251:Master of Public Administration
508:"About Us, Board of Directors"
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823:Harvard Kennedy School alumni
680:Lucy Barnard (22 May 2013).
618:. Reuters. 21 December 2017.
393:. Berkshire Academic Pr Ltd.
365:2012: âBank of the Yearâ by
204:briefly as an intern in the
76:"Mohammed Mahfoodh Al Ardhi"
34:biography of a living person
231:National Defense University
61:must be removed immediately
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634:www.soharinternational.com
147:Mohammed Mahfoodh Al Ardhi
341:The Brookings Institution
245:Kennedy School at Harvard
843:People from Muscat, Oman
798:Omani military personnel
402:. Bloomsbury Publishing.
309:, and another resort in
510:. National Bank of Oman
430:"Bank Sohar - Articles"
206:Ministry of Oil and Gas
159:Royal Air Force of Oman
459:Beasant, John (2002).
239:Persian Gulf countries
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48:Please help by adding
838:People from Sur, Oman
598:Jane's Defence Weekly
384:. South Street Press.
345:Eisenhower Fellowship
208:and the court of the
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813:Omani businesspeople
362:Order of Al Istihqaq
233:in Washington, D.C.
216:Career and education
54:Contentious material
600:. 12 February 2013.
356:2000: Order of Oman
654:. 21 February 2011
533:"Arabs Down Under"
391:Pearls from Arabia
303:Al Jahar Mountains
259:Harvard University
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757:on 30 August 2012
359:Order of Al Amjad
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367:The Banker
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761:15 August
717:17 August
691:17 August
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542:15 August
514:15 August
479:cite book
469:19 August
439:3 October
253:from the
190:proxy war
171:Sur, Oman
39:citations
369:magazine
194:Cold War
65:libelous
301:in the
265:Banking
198:Alaswad
192:in the
101:scholar
307:Dhofar
295:Muscat
175:Muscat
149:is an
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