Mishal Hamed Kanoo

Mishal Hamed Kanoo
Mishal Hamed Kanoo
Born February 25, 1969
United Arab Emirates
Alma mater University of St. Thomas
Houston, Texas
Bachelor of Arts in Economics & Business Administration; MBA (Finance)
American University of Sharjah
Sharjah, UAE
EMBA (General)
Occupation Chairman of The Kanoo Group
Religion Islam
Website www.mishalkanoo.com

Mishal Hamed Kanoo (Arabic:مشعل حامد كانو, born 25 February 1969), is a UAE 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 2015,[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 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 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 Forbes Middle East Forum in Qatar,[36] the World Summit of Innovation and Entrepreneurship in Dubai,[37] and The International Herald Tribunes CEO Roundtable in Malaysia.[38]

As visiting lecturer at the American University of Sharjah School of Business Administration,[39][40] he is an advocate of education and believes that it allows people to take responsibility and control of their lives.[41]

He was a columnist of MONEYworks Magazine,[42] Arabian Business, Gulf Business[43] and 7days,[44] 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.[45][46][47][48][49][50] [51][52][53][54][55][56][57]

Other businesses

Apart from the family business, Kanoo also sits as the Chairman / Director of other companies including:

Philanthropy

Kanoo has been integrating corporate philanthropy[74] in one of his missions to foster community-based sustainable developments in areas such as arts,[75][76] education,[77] health, social welfare,[78][78][79][80][81] project management[82] and the natural environment.[83]

Interests

Meem Gallery

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.[84][85][86][87] As an eccentric collector, pride of place in his office goes to a painting of Cuban revolutionary Che Guevara by the Bahraini artist Jamal Abdul Raheem.[88] 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[89] and British curator, Charles Pocock.[90][91]

Meem Gallery's expertise lies in modern and contemporary Arab and Iranian art.[92][93] 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.[94]

Collections

As an art connoisseur,[95][96] Kanoo's hobbies include collection of fine paintings, as well as Islamic art such as Spanish masters and calligraphy.[97][98] He is also fascinated with exclusive pens and watches.[99][100][101][102][103] In November 2014, Kanoo placed to spotlight more than 200 ‘Important Modern & Vintage Timepieces' in Dubai[104] 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.[105][106]

References

  1. ↑ Rahimi, Safura (5 December 2008). "The art of big business". Emirates 24/7. Retrieved 19 October 2015.
  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. ↑ "Top 100 Powerful Arabs 2015: Mishal Kanoo". Gulf Business.
  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.
  10. ↑ "Kanoo Corporate Website". Kanoo.com. Retrieved 2015-11-03.
  11. ↑ "Saudi Arabia's thriving commercial sector". SaudiEmbassy.net website. Winter 1998. Retrieved 19 October 2015.
  12. ↑ "Many opportunities. One address, 125 years of experience". The Kanoo Group. Retrieved 2015-11-03.
  13. ↑ "Many opportunities. One address, 125 years of experience". The Kanoo Group. Retrieved 2015-11-03.
  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.
  16. ↑ "Etihad to open joint retail locations with Kanoo Travel". Arabian Supply Chain / Arabian Industry.com. 12 April 2012. Retrieved 19 October 2015.
  17. ↑ "The Kanoo Group and IPS UK form joint venture". Zawya.com. 23 October 2014. Retrieved 19 October 2015.
  18. ↑ "Mishal Kanoo Signs DP World Supply Deal". ThomasNet.com - Industry News. 23 April 2013. Retrieved 19 October 2015.
  19. ↑ "Many opportunities. One address, 125 years of experience". The Kanoo Group. Retrieved 2015-11-03.
  20. ↑ "SDV forms partnership with Dnata Cargo/Kanoo". Arabian Supply Chain / Arabian Industry.com. 8 July 2008. Retrieved 19 October 2015.
  21. ↑ Cuthbert, Jon (3 August 2011). "Why is Kanoo's latest acquisition so important?". Arabian Industry.com. Retrieved 19 October 2015.
  22. ↑ "Partner of Choice - TBY talks to Mishal Hamed Kanoo, Deputy Chairman of the Kanoo Group, on the company's philosophy, potential investment opportunities, and the outlook for the future". TheBusinessYear.com. 2015. Retrieved 19 October 2015.
  23. ↑ "Dnata Has Room to Grow". Air Cargo News. 28 July 2008. Retrieved 19 October 2015.
  24. ↑ "The Sage of Dubai . Two degrees from UST Provide Foundation for Success for One of the World's Most Influential Businessmen". University of St. Thomas Houston magazine - Report to the Community Making an Impact 2014. 2014. Retrieved 19 October 2015.
  25. ↑ "Students and Alumni - Executive Master of Business Administration (EMBA) - American University of Sharjah". aus.edu.
  26. ↑ "American University of Sharjah MBA program ranked best in Gulf by Forbes Middle East". aus.edu.
  27. 1 2 "Green Crescent Insurance Co. -- Key People -- Mishal Hamed Kanoo - Independent Non-Executive Director, Green Crescent Insurance Co. PJSC". The Wall Street Journal. Retrieved 19 October 2015.
  28. ↑ Duncan, Gillan (24 June 2011). "Kanoo Group's rebel in residence". The National. Retrieved 19 October 2015.
  29. ↑ "Mishal Kanoo". speakers.sk.
  30. ↑ "Right Selection Speakers Bureau - Mishal Kanoo - Right Selection Speakers Bureau". rightselectionspeakerbureau.com.
  31. ↑ Toumi, Habib (19 October 2015). "Doha Debates panellists counter Western slander against Dubai". The Gulf News. Retrieved 19 October 2015.
  32. ↑ "Mishal Kanoo". londonspeakerbureau.com.
  33. ↑ "Mishal Kanoo explores risk as a key growth opportunity". HSBC Global Connections. 5 August 2015. Retrieved 19 October 2015.
  34. ↑ "FundForum Middle East invites Mishal Kanoo, The Kanoo Group, as guest speaker at Bahrain Conference". Dubai Chronicle. 19 September 2010. Retrieved 19 October 2015.
  35. ↑ "HARDTalk: Stephen King, Mishal Kanoo and Robert J Shapiro". BBC News Channel. 12 January 2010. Retrieved 19 October 2015.
  36. ↑ "How To Close A Deal In The Middle East". Forbes. 3 April 2014. Retrieved 19 October 2015.
  37. ↑ "World Summit on Innovation & Entrepreneurship to be held in Muscat from April 1-3, 2006". AlBawaba. 2 March 2006. Retrieved 19 October 2015.
  38. ↑ "Mishal Kanoo expresses concerns at Alternative Investments in Asia Forum (press release)". PR Urgent. 30 September 2010. Retrieved 19 October 2015.
  39. ↑ "School of Business Administration". aus.edu.
  40. ↑ "AUS Business Forum". ausbusinessforum.com.
  41. ↑ Chaudhary, Suchitra Bajpai (10 January 2008). "People: Company is family". The Gulf News. Retrieved 19 October 2015.
  42. ↑ "Mishal Hamed Kanoo, MBA". 4-traders.com.
  43. ↑ "The seven deadly sins of family firms.". thefreelibrary.com.
  44. ↑ "Mishal Kanoo". 7DAYS UAE.
  45. ↑ "Family values that compelling from generation to generation.". luxurylifestyleawards.com.
  46. ↑ Townsend, Sarah (10 April 2015). "Tackling the Gulf's Generation Game". Arabian Business. Retrieved 19 October 2015.
  47. ↑ Ferris-Lay, Claire (4 August 2011). "New visa laws won't boost property, says Kanoo". Arabian Business. Retrieved 19 October 2015.
  48. ↑ Bladd, Joanne (15 February 2010). "Kanoo backs permanent visas for long-term expats". Arabian Business. Retrieved 19 October 2015.
  49. ↑ Leigh, Karen (12 January 2011). "Quotas no answer to spike in Emirati joblessness". Arabian Business. Retrieved 19 October 2015.
  50. ↑ D'mello, Sandhya (10 February 2015). "Mena firms told to project brands better globally". Khaleej Times. Retrieved 19 October 2015.
  51. ↑ Trenwith, Courtney (3 April 2015). "Mishal Kanoo: A family affair". Arabian Business. Retrieved 19 October 2015.
  52. ↑ Trenwith, Courtney (8 April 2015). "'You can see greed in people's eyes' – Mishal Kanoo talks Dubai". Arabian Business. Retrieved 19 October 2015.
  53. ↑ Kane, Frank (9 December 2014). "Kanoo Group deputy chairman takes aim at the UAE corporate landscape". The National. Retrieved 19 October 2015.
  54. ↑ Kane, Frank (23 October 2014). "Dubai businessman says bribery in Middle East commercial life ‘swept under the carpet'". The National. Retrieved 19 October 2015.
  55. ↑ Canty, Monika (29 April 2010). "Travel boss labels budget airlines a 'myth'". Hotelier Middle East.com. Retrieved 19 October 2015.
  56. ↑ "Leader adds to calls.". highbeam.com.
  57. ↑ "Tackling the crisis". 7DAYS UAE.
  58. ↑ "Freightworks welcomes new managing director". Arabian Supply Chain.com. 21 July 2011. Retrieved 19 October 2015.
  59. ↑ "Many opportunities. One address, 125 years of experience". The Kanoo Group. Retrieved 2015-11-03.
  60. ↑ "Wolffkran enters the UAE crane market". Gulf Construction Worldwide.com. 1 March 2007. Retrieved 19 October 2015.
  61. ↑ "Many opportunities. One address, 125 years of experience". The Kanoo Group. 2012-06-06. Retrieved 2015-11-03.
  62. ↑ "HYDROTURF announces that the Kanoo Group has become a new Hydroturf Group Partner" (PDF). HYDROTURF International website. 2008. Retrieved 19 October 2015.
  63. ↑ "AkzoNobel signs JV to expand in Middle East". Construction Weekly Online. 1 December 2012. Retrieved 19 October 2015.
  64. ↑ "Wanna go kite skiing in Antarctica from Dubai? Now you can! - Premier luxury travel specialist The Travel Attaché launches in Dubai". Emirates 24/7. 10 November 2012. Retrieved 19 October 2015.
  65. ↑ "The Travel Attaché earns top global travel award - The Travel Attaché, Dubai's premier luxury travel boutique and a joint venture with The Kanoo". AMEinfo. 19 June 2014. Retrieved 19 October 2015.
  66. ↑ "New BASF Polyurethane System House in Dubai". Arabian Oil and gas.com. 7 April 2011. Retrieved 19 October 2015.
  67. ↑ "Gulf Capital - Leading Alternative Investment Company in the Gulf -- Mr. Mishal Kanoo". gulfcapital.com.
  68. ↑ "AXA Gulf expands UAE, regional operations". The Gulf News. 19 October 2012. Retrieved 19 October 2015.
  69. ↑ "AXA Gulf expands UAE, regional operations". Gulf Today. 19 October 2012. Retrieved 19 October 2015.
  70. ↑ "Green Crescent". green-crescent.com.
  71. ↑ "Dubai hedge fund firm adds top UAE tycoon to board". en-Maktoub / Arabian Business. 7 March 2015. Retrieved 19 October 2015.
  72. ↑ Kelly, Christopher (5 March 2015). "Dalma Capital appoint Mishal Kanoo to the Board". Retrieved 19 October 2015.
  73. ↑ "AXA to take major stake in UAE's Green Crescent Insurance GCIC provides health and life insurance services in the UAE". Reuters / Gulf News - Banking. 23 February 2013. Retrieved 19 October 2015.
  74. ↑ Stern, Melanie (1 March 2004). "Mishal Kanoo - "Wealth That Provides No Social Benefit Is Void"". Campden FB. Retrieved 19 October 2015.
  75. ↑ "Dubai International Film Festival and Dubai Cares present the Global Gift Gala". Dubai Film Fest. 3 December 2014. Retrieved 19 October 2015.
  76. ↑ "Many opportunities. One address, 125 years of experience". The Kanoo Group. Retrieved 2015-11-03.
  77. ↑ "Graduates honoured for academic excellence". HCT News.
  78. 1 2 "The Kanoo Group Blog: The Kanoo Group attends Sightsavers event as charity supporter". blogspot.ae.
  79. ↑ "The Kanoo Group, Johnson Arabia and AXA Gulf Lead Charity Event". bizbahrain.com.
  80. ↑ "The Kanoo Group graces cancer charity event as Platinum Sponsor". M.dubaiprnetwork.com. Retrieved 2015-11-03.
  81. ↑ "Many opportunities. One address, 125 years of experience". The Kanoo Group. Retrieved 2015-11-03.
  82. ↑ "Dubai International Project Management Forum - Sponsors". dipmf.ae.
  83. ↑ "Many opportunities. One address, 125 years of experience". The Kanoo Group. Retrieved 2015-11-03.
  84. ↑ Abraham, Megha. "A long haul". gulfnews.com.
  85. ↑ "Mishal Kanoo: Thinking Outside of the Status Quo". Haute Living.
  86. ↑ Moosa, Lena. "An ode to Middle Eastern art". insideoutmagazine.ae.
  87. ↑ "Emirates Investment Services brings fresh perspective to asset management - Business Intelligence Middle East - bi-me.com - News, analysis, reports". bi-me.com.
  88. ↑ Duncan, Gillian. "Adding to a collection can be an art in itself". thenational.ae.
  89. ↑ Seaman, Anna. "Sharjah's Barjeel Art Foundation makes a dramatic debut in Kuwait". thenational.ae.
  90. ↑ Taha, Hannan. "Global Arab Network - UAE: Barjeel Art Foundation - Interview with Sultan Sooud Al-Qassemi - Culture - Culture". globalarabnetwork.com.
  91. ↑ "Meem Gallery". gulfartguide.com.
  92. ↑ Seaman, Anna. "Abu Dhabi Art provides for an international crossroads for artists from the world over - The National". thenational.ae.
  93. ↑ Seaman, Anna. "June's best UAE art exhibitions". thenational.ae.
  94. ↑ "The Meem Gallery and Noor Library". visitdubai.com.
  95. ↑ "Dubai, UAE, November 21, 2011". gulfconnoisseur.com.
  96. ↑ Fernandez, Keith J. "Collectors take the spotlight". Emirates 24-7.
  97. ↑ "Oil Millionaires Chase Dwindling Supply of Islamic Treasures". bloomberg.com.
  98. ↑ "An ode to Middle Eastern art". gulfnews.com.
  99. ↑ "Kanoo Minute Repeater". definewatches.com.au.
  100. ↑ "Mishal Kanoo - Horology Middle East". horologyme.com.
  101. ↑ "The Kanoo Group Blog: Antiquorum together with Mishal Kanoo hosts rare watches display in Dubai". blogspot.ae.
  102. ↑ "Rare watches on display in Dubai". alphamagazine.ae.
  103. ↑ "MPP-ME LLC- Latest Business News on the Jewellery & Watch World in the Middle East". mpp-me.com.
  104. ↑ "Watch this space". gulftoday.ae. 2014-11-06. Retrieved 2015-11-03.
  105. ↑ Rahimi, Safura. "The art of big business". Emirates 24-7.
  106. ↑ "What executives from the UAE and beyond are reading this summer". thenational.ae.

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