Our Team

Board of Directors

• Mr. Nawaf Musaid A. Al-Osaimi
  Chairman
• Mr. Hamad Humod H. Al-Roumi
  Vice Chairman
• Mr. Bassam Abdulrahman S. Al-Asousi
  Independant Board Member
• Mr. Bader Khalifa M. Adsani
  Board Member
• Mr. Muhammad Sami Al-Kulaib
  Board Member

 

Company Departments

 

Every individual working for Munshaat has a different set of strengths that makes each one of us unique. As a Company, we are building a strengths-based organization that taps into these differences, and we believe that this makes us better and different from other investment and real estate companies.

Munshaat focuses on choosing people with a passion for their work and the right strengths to help achieve our vision and placing them in positions that allows them to put these strengths to work everyday. We strive to create an environment that allow employees to fully engage their talents in advancement and professional growth - and which in turn allows Munshaat to leverage these strengths to contribute to our Company's growth. Engaged employees work with passion, integrity and respect, the three key values that are the driving force behind achieving the Munshaat vision.

Engineering Department

The Department undertakes the execution and follow-up of the Company's construction works, using all its technical, control and administrative capabilities. Engineering Department expresses opinion, undertakes periodic supervision and continuous follow-up with respect to such projects, in addition to ensuring its compliance with the agreed engineering specifications. It also prepares the reports of financial needs, estimates financial claims, and ensures its compliance with the contracts' articles. The Department maintains a technical database for all technical documents related to the projects' parties.

Operations Department

Operation Department plays a very important and vital role in the process of following up and monitoring the operation of the Company's projects in order to achieve its specified investment goals. The Department uses all scientific and technical means in the execution and follow-up operations, in cooperation with the Company's departments. The operations management department plays a vital role starting from the project's initial studies, and continues with its control role during the project's execution phases, to the operation after the project's completion. Furthermore, it plays an important role in managing and monitoring the product of Sukuk Al-Intifa.

IT Department

Munshaat Real Estate Projects Co. pays highest attention to its IT Department; whose role is represented in the protection, development and coping with rapid changes in this field. Information Technology Department prepares and maintains the technological infrastructure of the Company>s projects. It also has a vital role in the preparation and maintenance process of the security and protection systems of residential units of the Company's projects.

HR Department

The Company never disregarded the role of human element from which all distinction and creative abilities emerge. Therefore, this Department plays an essential role in soliciting most qualified individuals, work to ensure their professional satiability, and promote human cadres through a set of distinguished business policies and regulations. Moreover, It applies a continuously competitive wage structure, undertakes accurate supervision over the preparation process of salaries and wages in a way that ensures the rights of personnel and establishes a well-organized and smooth work pattern. The Company never spares any effort to offer its personnel training or education courses thought to develop their abilities. Also the Administrative Affairs plays an effective role in fulfilling all the personnel's and Company's needs and requirements so as to render the Company an active and dynamic workshop facing no obstacles of any kind.

Legal Department

The role of the Legal Department is following up the external lawyers, inside and outside the Company, by preparing and reviewing all contracts and agreements related to the transactions concluded by the Company with local, regional and international parties. In addition, it conducts the required studies requested by the Board of Directors in relation to the Company's legal standing as well as coordinates with the Company's shari'a advisor for verifying the compliance of contracts and agreements with the principles of the Islamic Shari'a, sends and receives legal-related correspondences for parties involved with the Company and follows up on all required legal procedures for companies' incorporation.

Financial Department

Prepare financial and regulatory reports required by laws, regulations, and boards of directors. And also, develop and analyze information to assess the current and future financial status of the firm. Oversee the flow of cash and financial instruments, and Coordinate the approval and rejection of, lines of credit and commercial loans. In addition, analyze and classify risks and investments to determine their potential impacts on companies.

Evaluate financial reporting systems, and investment activities, and make recommendations to develop the procedures, operating systems, budgets, and other financial control functions, also, the financial department plan, direct, the activities of financial departments' employees in subsidiaries, and coordinate with other departments.

For any inquiries or contact email at info@munshaat.com