29 April - 01 May 2024
Al Faisaliah Hotel, Riyadh
Chief Business Development Officer
Michael joined Al Khozama in 2015, bringing more than 20 years of expertise in real estate development and private equity investment banking to his role. He leads the Investments and Business Development function in order to maximize the efficiency of each of all assets and ensure they all produce solid IRR & ROI metrics along with strong revenue, profitability & growth YoY. He oversees the company transition from an equity-based business to a leveraged one with constant evaluation and review of economic and fiscal shift to protect the business and to continuously assess and evaluate the core fundamentals both at a Macro and Micro Economic level. Michael has been responsible for the negotiation and bringing to KSA multiple international renowned brands, such as Hakkasan, La Petite Maison, MAMO, Mandarin Oriental Hotel, Todd English Food Hall, Mastro’s, Cipriani, Richemont and Apples Head Office in the Kingdom. He has extensive contacts and links with major retailers across US, Europe and Asia. During his time in KSA, Michael has raised over SR 3.5 Billion of capital, and works closely with banks, both local and international, private equity firms and hedge funds to evaluate investment opportunities across multiple asset classes, with a predominant focus on F&B, Hospitality and Health Care. Michael earned his degree in Aeronautics and Mathematics in Warwick University and worked at Morgan Stanley.