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Mishal Hamed Kanoo

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Mishal Hamed Kanoo
Mishal Hamed Kanoo
BornFebruary 25, 1969
United Arab Emirates
Alma materUniversity of St. Thomas
Houston, Texas
Bachelor of Arts in Economics & Business Administration; MBA (Finance)
American University of Sharjah
Sharjah, UAE
EMBA (General)
OccupationChairman of The Kanoo Group
Websitewww.mishalkanoo.com

Mishal Hamed Kanoo (Arabic:مشعل حمد كانو, born 25 February 1969), is an Emirati business magnate[1][2][3] and currently serves as the Chairman of The Kanoo Group based in UAE and Oman. Kanoo was listed as one of the Top 100 Powerful Arabs 2017,[4] Power 100,[5] Rich List 2009,[6][7] and The World's Richest Arabs.[8][9]

Kanoo is the 4th generation to run the Kanoo family business. Established in Bahrain in 1890, The Kanoo Group's parent company, Yusuf Bin Ahmed Kanoo grew from its early trading and shipping enterprise into a diversified conglomerate across the Middle East, founded by Haji Yusuf Bin Ahmed Kanoo.[10] From Bahrain, the business spread to Saudi Arabia in the 1930s.[11] In 1967, Kanoo's father, Hamed Kanoo came to the UAE to expand the family business. He successfully put up The Kanoo Group as a trade name in the country, which currently operates in UAE and Oman.[12]

In 2015, Kanoo took over his role as the Chairman of The Kanoo Group after the death of Chairman Yusuf Ahmed Kanoo in 2014. Today, The Kanoo Group operates across a range of industries[13] in shipping, travel, machinery, logistics, property, energy (oil, gas, electric, water), industrial chemicals, training, retail, and commercial activities,[14][15][16][17][18] as well as other joint ventures.[19][20][21][22][23]

Furthermore, Kanoo is a member of the Superbrands Council of the United Arab Emirates.

Early life and education

Born in Dubai and educated until high school locally, Kanoo continued his college studies in the United States. He took Comparative Theology and Philosophy and double major in economics as his first degree and later earned his MBA in Finance from the University of St. Thomas in Houston.[24] He joined the family firm fresh out of university in 1991 as an Assistant Shipping Manager.

Kanoo left the business for a time to pursue higher learning and later earned his second MBA at the American University of Sharjah[25][26] where he subsequently became a visiting lecturer on a course in Family Business.

He worked at Arthur Andersen in Dubai as an auditor before returning to The Kanoo Group as the Deputy Chairman in 1997.[27] At that time, his uncle, Mubarak Kanoo, was the chairman of the holding company.[28] He served as the Deputy Chairman until the time he took up his most recent role.

Career

Kanoo Family Tree

Kanoo is a frequent speaker[29][30] at conferences in the Middle East, and around the world at events where an independent Middle East view is required.[31][32][33][34][35] Some of his speaking engagements include the World Summit on Innovation and Entrepreneurship in Dubai,[36] and The International Herald Tribunes CEO Roundtable in Malaysia.[37]

As visiting lecturer at the American University of Sharjah School of Business Administration,[38][39] he is an advocate of education and believes that it allows people to take responsibility and control of their lives.[40]

He was a columnist for MONEYworks Magazine,[41] Arabian Business, Gulf Business[42] and 7days,[43] and continues to voice his views by regularly writing articles for local and regional media about social and business affairs in the Gulf and global capital markets, adeptly spelling out the ethical and religious values, blending them with modernity and progress.[44][45][46][47][48][49] [50][51][52][53][54][55][56]

Other businesses

Apart from the family business, Mishal is also a Professional and Motivational Speaker and holds chief positions as Chairman / Director of other companies including:

  • Dubai Express LLC/ Freightworks [57]
  • Johnson Arabia LLC [58]
  • Wolffkran Arabia LLC [59]
  • BRC Arabia LLC [60]
  • AkzoNobel UAE Paints LLC [61]
  • Gulf Capital Pvt. JSC [62]
  • AXA Insurance (Gulf) (C) BSC [63][64]
  • Green Crescent Insurance Company PJSC [27][65]
  • Dalma Capital Management Limited [66][67][68]
  • KAAF Investments [69]
  • KHK & Partners Ltd [70]

Philanthropy

Kanoo has been integrating corporate philanthropy[71] in one of his missions to foster community-based sustainable developments in areas such as arts,[72][73] education,[74] health, social welfare,[75][76][77][78] project management,[79] sports,[80] and the natural environment.[81]

Interests

Kanoo
My collection is not bought as an investment but for their sheer artistic power and aesthetic pleasure. For an art, one sees something created out of nothing. - Mishal Kanoo
Kanoo [left] with Peter Elsner-Mackay, Ambassador of Austria to the UAE during the Antiquorum exhibition

Kanoo is an influential figure in the progress of Dubai's art scene.[82][83][84][85] As an eccentric collector, a pride of place in his office goes to a painting of Cuban revolutionary Che Guevara by the Bahraini artist Jamal Abdul Raheem.[86] He supported the creation of one of Middle East's fastest-growing art districts in Dubai, the Meem Gallery in 2007. He launched the Meem Gallery together with Sultan Sooud Al-Qassemi, a member of Sharjah's royal family and founder of Barjeel Art Foundation[87] and British curator, Charles Pocock.[88][89]

Meem Gallery's expertise lies in modern and contemporary Arab and Iranian art.[90][91] In addition to exhibiting important modern and contemporary works, the Meem Gallery encourages a greater understanding of Middle Eastern art through its publications available at Noor Library. The Noor Library of Middle Eastern Art, held at Meem Gallery, is one of the largest international resource centres for the arts of the Middle East.[92]

Collections

As an art connoisseur,[93][94] Kanoo's hobbies include a collection of fine paintings, as well as Islamic art such as Spanish masters and calligraphy.[95][96] He is also fascinated with exclusive pens and watches.[97][98][99][100][101] In November 2014, Kanoo placed to spotlight more than 200 ‘Important Modern & Vintage Timepieces' in Dubai[102] to preview the highlights of the auction to be held in Geneva by hosting one of the world's premier watch exhibitions, Antiquorum (the first auction house to auction fine watches over the Internet in the 1990s).

Kanoo finds time to cultivate his love of books most especially about arts, literature and philosophy genres. He is also a motoring enthusiast.[103][104]

References

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  2. ^ Kane, Frank (9 December 2015). "Kanoo Group deputy chairman takes aim at the UAE corporate landscape". The National. Retrieved 19 October 2015.
  3. ^ "Dubai Expo 2020: Reaction from leaders -- Mishal Kanoo, Deputy Chairman of Kanoo Group". Arabian Business. 28 November 2013. Retrieved 19 October 2015.
  4. ^ http://gulfbusiness.com/lists/100-powerful-arabs-2017/
  5. ^ "Arab Power 100 - Mishal Kanoo". Arabian Business. 26 March 2008. Retrieved 19 October 2015.
  6. ^ "Rich List 2009: 9th: The Kanoo Family ($6.1b)". Arabian Business. Retrieved 19 October 2015.
  7. ^ "Top 60 Family Business Leaders 2014". Campden FB. 25 February 2014. Retrieved 19 October 2015.
  8. ^ "The World's Richest Arabs 2014: The Kanoo Family". MSN Money / Arabian Business. 12 July 2014. Retrieved 19 October 2015.
  9. ^ "The World's 50 Richest Arabs" (PDF). Metransparent.com. Retrieved 2015-11-05.
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  14. ^ Whitaker, Greg (23 July 2010). "Engineering plant opens in Dubai Industrial City". Construction Weekly Online. Retrieved 19 October 2015.
  15. ^ White, Stephen (8 May 2011). "The Kanoo Group snaps up Stor-mat". Construction Weekly Online. Retrieved 19 October 2015.
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