Yousef Al Nowais is the Chairman and Managing Director of Arab Development (ARDECO), a company he founded in his home city in Abu Dhabi, United Arab Emirates. ARDECO is large diversified business and a leading player in the oil & gas and petrochemical sectors, as well as power generation and distribution and other engineering and infrastructure project services. Its large repertoire of partners and principals include such names as GE Oil & Gas, Tecnimont SpA, Linde AG, Daewoo Engineering, and many others.
He is also the Co-Chairman of Al Nowais Investments LLC, a leading investment company based in Abu Dhabi, with local and international holdings in a broad range of strategic investments and actively managed subsidiaries, including:
In the UAE and GCC:
- Emircom LLC (ICT and Telecom)
- Pharmatrade LLC (pharmaceuticals and health care)
- Danway Electrical and Mechanical Engineering LLC
International:
- Archirodon NV
- National Petroleum Services
- Carbon Holdings
- AMEA Power
Prior to setting up his own business, Mr. Al Nowais had joined Abu Dhabi National Oil Company (ADNOC) after graduating from the University of Arizona in 1979 and held many senior positions in the ADNOC group including Finance Director and Managing Director of ADNOC’s subsidiary FERTIL.
He is also currently Chairman, Vice Chairman or Member of the Board of several private institutions including:
- Archirodon NV
- Carbon Holdings
- Rotana Hotel Management Corporation PJSC
- International Mechanical and Electrical Company (IMECO) LLC
- AlDhafra National Insurance Company PSC
- Technical Metal Industries LLC,
- Al Ain Sports Club (Honorary Member)
Key previous appointments include Managing Director (2007-2013) of Al Maabar International, a leading UAE organization investing internationally in real estate projects in the MENA region, which was formed as a joint venture between Al Dar Properties, Mubadala, Al Qudra Holdings, Reem Investment and Reem International.
