Arap Ekonomik ve Sosyal Kalkınma Fonu İNGİLİZCE.. & TÜRKÇE
*_TÜRKÇE TERCÜMESİ GOOGLE TRANSLATE İLE AŞAGIDADIR..
Ghiyath F. Nakshbendi, Ph.D.
P O Box 608, Glen Echo, MD 20812
Tel: 240.476.3006 Fax: 301.229.4789
E-mail: gnakshbendi@yahoo. com
__________________________________________________
Academic Teaching:
Full Time:
2008- Present: Executive-in-Residence. Kogod School of Business, American University, Washington, D.C. (www.american.edu)
Courses: IBUS 300: Fundamental of International Business, IBUS 408: Export-Import Management , IBUS 596: Microfinance in Business Development, IBUS 705: Export-Import Management, IBUS 740: Project Finance: Developing and Transitional Economies
1975-1976: Professor of Business Administration, King Saud
University, Riyadh, Saudi Arabia. (www.ksu.edu.sa)
King Saud University is a leading Saudi university and offers almost all-major courses of study. Teaching, consulting, training and research. Participating in two major consulting assignments performed by the College of Administrative Science (on a Hajj-pilgrimage-as a business model, and university management). Teaching, executive training and research.
Courses: Organizational Behavior.
1970-1978: Assistant Professor, (Tenured). Montgomery College, Rockville, Maryland, USA. (www.montgomerycollege.edu)
Courses: Principles of Accounting, Introduction to Business and Economic Geography. Personal Finance (Continuing Education).
Adjunct:
2007- 2008 : Professorial Lecturer, Kogod School of Business, American University, Washington, D.C., USA. (www.american.edu)
Courses: IBUS 200: The Global Marketplace, IBUS 300: Fundamental of International Business, IBUS 596: Microfinance in Business Development, IBUS 705: Export-Import Management.
2005-Present: Adjunct Professor, University of Maryland University College, Adelphi, MD, USA. (www.umuc.edu)
Courses: BMGT 392: Global Business Management. BMGT 496: Business Ethics. Teaching both f2f and online
1977 Lecturer, George Mason University, Fairfax, Virginia, USA.(www.gmu.edu)
Courses: Principles of Management.
Business:
2003-Present President, Sangamore Group, Bethesda, Maryland. USA
(www.sangamoregroup.com)
Sangamore Group serves as a special representative for foreign investors seeking a cost effective and discreet means of managing corporate and personal business activities in the United States. Through its institutional affiliates and professional associates, Sangamore Group oversees all aspects of the business venture including legal, accounting, public relations, and financial management needs. Focus on commercial real estate investment, assessment and management
2006-Present Senior Consultant, GMD Solutions, Inc., Alexandria, Virginia. (www.gmdsinc.com). GMD Solutions, Inc. Provides a full range of professional marketing and consulting services to the aerospace/defense, health care and industrial sectors — domestically and internationally.
1997-2003 Financial Advisor, Arab Fund for Economic and Social Development, Kuwait. (www.arabfund.org)
The Arab Fund for Economic and Social Development (AFESD) is a regional Pan-Arab development finance organization with a paid-in capital and reserves of $8.1 billion and $17.8 billion in loan commitments. It provides developmental lending for infrastructure projects, offers technical and financial assistance, and in 1997, started commercial lending to projects in the private sector.
As a financial adviser, I was responsible for assessing proposed project’s cost and profitability. Also, preparing financial forecasts to assess the borrower’s ability to repay the loan. Assessing the borrower’s organizational systems and procedures was part of the required due diligence. During the said period, I have appraised a total of 19 projects with an estimated cost of $ 2.9 billion by which the Arab Fund financed $ 1 billion of their cost. The projects were in the following sectors: electricity, water/sewerage, housing, social funds, airports and hospitals.
1994-1997 Principal, Sangamore Group, Bethesda, Maryland.
Sangamore Group serves as a special representative for foreign investors seeking a cost effective and discreet means of managing corporate and personal business activities in the United States. Through its institutional affiliates and professional associates, Sangamore Group oversees all aspects of the business
venture including legal, accounting, public relations, and financial management needs.
1993-1994 Chief Operating Officer, Newfield Enterprises International, (NEI), Los Angeles, California.
Acquiring properties through bankruptcies, and negotiated with banks on rescheduling of loans. Managed the completion of a 5-star hotel in Aspen, CO, a signature golf course in Orlando and a US$30 million renovation programs for two major hotels in Washington, DC and New York City. The total market value of the portfolio was about $800 million.
1990-1993 Vice President, Newfield Enterprises International, (NEI), Los Angeles, California.
NEI is an asset management firm with a large real estate portfolio throughout the USA. Including 10 hotels (4 of them are 5 stars), apartment complexes, office buildings (one with 1.9 million sq. ft), land under development and a Golf course (Seralago, Orlando, FL.)
1990-1994 Financial Advisor, a Saudi Arabian Investor Group, Los Angeles, California
Mainly investment in the USA, Egypt and Tunisia. Important real estate portfolio which is mostly in hotels, office buildings and apartment buildings.
1985-1990 Financial Advisor, Kuwait Investment Authority, Kuwait.(www.kia.gov.kw)
Kuwait Investment Authority (KIA) is responsible for the management of the State of Kuwait investment worldwide ($85 billion under management-in 2008 it is around $250 billion-). Advisor to the Deputy Managing Director (DMD). Evaluation of investment proposals, negotiations, follow up on the performance of the portfolio, assessment of financial performance of direct investment, preparation of special studies, assessment of varied economic, financial and investment issues.
Also, providing technical support to the DMD through his involvement as a board member of four international banks including the Central Bank of Kuwait. Member of a small operational committee to restructure 35 local companies which is partially owned by KIA. Member of an ad-hoc operational committee to assess the viability of establishing a hotel industry to oversee all of KIA’s hotel investment worldwide which totaled 75 hotels and resorts. Training selected group of financial analysts on the financial analysis by using the personal computer (in 1985, PC was just introduced to the Gulf region).
1983-1985 Senior Financial Analyst, Kuwait Real Estate Investment
Consortium, Kuwait. (www.kreic.com.kw)
Kuwait Real Estate Investment Consortium (KREIC) is a leading Kuwaiti consortium. Its investment is mainly in real estate in Egypt, France, Malaysia, Morocco, Syria, Tunisia, USA and Yemen.
Advisor to the Chairman/Managing Director. Evaluating and recommending investment proposals that were submitted to the Consortium. Assessment and follow up on current investments including group of hotels in Tunisia (Abu Nawas Chain), Morocco (Farah Chain), Egypt (Safir Chain) and Yemen, with a total of 25 hotels, commercial and residential complexes. Also, training financial analysts and accountants within the Consortium. Representing KREIC on the board of Directors of some affiliated companies.
In addition to the above, I also acted as:
Director. IIG Company, London. A holding company of hotels interest in London (Churchill and Montcalm).
Consultant. Public Institution for Social Security, Kuwait. (www.pifss.gov.kw). PIFSS manages its own funds locally and internationally. It is the anchor investor in Kuwait. (Specifically, I managed a team from PIFSS, to update the investment accounting procedures by using the main frame computer).
Consultant. Kuwait Investment Authority, Kuwait.
I planned and implemented a system for assessing local listed companies to evaluate their performances. Designing the related financial analysis models on the PC, and training personnel to run them. Also, I participated in drafting an important economic report dealing with the closed companies in Kuwait which was submitted by the Minister of Finance to the Kuwaiti House of Parliament.
Consultant, Ministry of Finance-Ministry of Commerce/Kuwait Investment Authority, Kuwait. (www.mof.gov.kw) and (www.moci.gov.kw). Head of a team to evaluate the financial statements of Kuwaiti companies (255 companies), before approving their request to hold their annual stockholders meeting. Also, designing a model to do the analysis and training personnel to run it.
Consultant, Kuwait Real Estate and Management Company, (Wafra Now), Kuwait. (www.kreic.com.kw). Drafted the company’s operational guidelines including its financial and administrative systems. Modifying the personal computer system for managing the real estate portfolio and training the assistants on the real estate and financial operations.
1977-1983 Senior Financial Analyst. Arab Fund for Economic and Social
Development, Kuwait. (www. arabfund.org).
The Arab Fund for Economic and Social Development (AFESD) is a regional Pan-Arab development finance organization with paid-in capital and reserves of $8.1
billion and $17.8 billion in loan commitments. It provides developmental lending for infrastructure projects, offers technical and financial assistance.
As a financial advisor, I was responsible for assessing the proposed project’s cost and its profitability. Also, preparing financial forecasting to assess the borrower’s ability to repay the loan. Assessing the borrower’s organizational systems and procedures was part of the required due diligence. During the said period, I have appraised a total of 28 projects with an estimated cost of $1.3 billion by which the Arab Fund financed $ 266 million of its cost. The projects were in the following sectors: Transport, water and sewerage, Telecommunications (inter-Arab projects in 12 countries), Electricity and Ports.
Education:
BCS Accounting, University of Aleppo
MBA Mays Business School, Texas A&M University
Ph.D. Kogod School of Business, Business Administration, American University
Languages:
Arabic (Mother tongue) and English.
Business Field Experience:
Algeria, Bahrain, Djibouti, Egypt, England, France, Jordan, Kuwait, Mauritania, Morocco, Oman, Saudi Arabia, Somalia, Sudan, Switzerland, Syria, Tunisia, USA and Yemen.
Recent Papers Accepted at International Conferences:
“Financing Water Projects in the GCC countries: Possible and Rewarding Alternatives”, the 8th Gulf Water Conference, Manama, Bahrain, March 3-6, 2008.
Recent Papers delivered at International Conferences:
“Financing Urban Water Sector in the United States of America with Possible Implementation in the Sultanate of Oman”, International Conference on Economic Incentives & Water Demand Management, Sultan Qaboos University. Oman, 18-22nd March, 2006. (A Keynote Address)
“Public-Private Partnership: Trends and Experiences GCC Perspective and Pragmatic Approach”, the 7th Gulf Water Conference, Kuwait City, Kuwait, November 19-24, 2005.
“Government Regulation and Incentives for Investment in the Persian Gulf:
The Case of Kuwait”, the Persian Gulf: A Region in Transition, Southern New Hampshire University, Manchester, N.H., USA, and September 23-24, 2005.
Recent Presentations Delivered:
“Investment in the MENA region with reference to the prevailing excess of liquidity among the oil export countries.” Southern Mediterranean University. Tunis, Tunisia. February 4, 2008.
“Free Trade Agreements”. Centre des Jeunes Dirigents d’Entreprise- CJD. Tunis, Tunisia. February 5, 2008.
“The Impact of high raw materials price on emergent economies like Tunisia”. Institute Arabe des Chefs d’entreprises (IACE). Tunis, Tunisia. February 5, 2008.
“Sharia and its impact on Islamic Financing”. HEM (Ecole des Hautes Etudes de Management). And Mohamed V University. Rabat, Morocco. February 6-7, 2008.
“Democracy and Economic Prosperity”. ESCA (Ecole Superieure de Commerce et d’Administration). Casablanca, Morocco. February 8, 2008.
“An Aggie looks at the MENA Region, Live & Up-Close”. Texas A&M University. College Station, Texas . November 13, 2007.
“Water and Oil in MENA Region-Causes of Conflict?”. U.S. Department of State’s Foreign Service Institute. Washington, DC. April 27, 2007.
“Water in the MENA Region: Scarcity and Challenges”. The American University of Kuwait. Kuwait, March 14, 2007.
“Oil and Water Issues in MENA Region”. U.S. Department of State’s Foreign Service Institute. Washington, DC, August 30, 2006.
“Impact of Globalization on MENA Region”. U.S. Department of State’s Foreign Service Institute. Washington, DC, June 28, 2006.
“Project Appraisal”. College of Business Administration, University of Kuwait. Kuwait. March 25, 2006.
”Public-Private Partnerships: Potential and Assessment in the Sultanate of Oman”. Oman Chamber of Commerce and Industry. Muscat, Oman. March 22, 2006.
Recent Press/Media Interviews :
HOT 102 FM Station, “TODAY with Beverley Anderson Manley”, a live program produced by the former First Lady of Jamaica, from Kingston, Jamaica. The 15- minute’s interview was conducted on September 24, 2009, and it focused on the G-20 Summit..
Alhurra Television (The Middle East Broadcasting Networks, Inc.” (MBN) “Free Hour”, an hour long live interview on September 24th, on the day of the G20 Summit in Pittsburgh, PA. His role was to provide insight and analysis of the Summit and what this will mean to the Middle East and North Africa Region in terms of G20’s agenda.
Atlantic Radio of Morocco (La Première Radio "Musique, Info, Eco" Au Maroc), at Kogod on September 15, 2009. . The interview was focused on the global financial crisis and its impact on developing countries, the current status of the stimulus package and the recovery process.
HOT 102 FM Station. ”TODAY with Beverley Anderson Manley”, a live program produced by the former First Lady of Jamaica, from Kingston, Jamaica on The 15- minutes interview was conducted on July 28, 2009, and it focused on the U.S.-China Strategic and Economic Dialogue.
Alhurra Television (The Middle East Broadcasting Networks, Inc.” (MBN), “TODAY” show in a live interview on July 8th, 2009 , on the eve of the G8 Summit in L’Aquila, Italy. His role was to provide insight and analysis of what this will mean to the Middle East and North Africa Region in terms of G8 Climate talks, Iran, and the shoring-up the global economy.
HOT 102 FM Station “TODAY with Beverley Anderson Manley”, a live program produced by the former First Lady of Jamaica, from Kingston, Jamaica on. The 20- minutes interview was conducted on April 1, 2009, and it focused on the G 20 meeting in London on April 2nd, 2009.
Alhurra Television (The Middle East Broadcasting Networks, Inc.” (MBN). on “TODAY” show, on April 1, 2009, a live program produced by, which broadcast from Dubai, UAE. On the eve of the G20 Summit in London, his role was to provide insight and analysis of what this will mean in terms of Obama's economic stimulus plan and the effect it will have on a global scale (specifically with regards to business in the Arab World).
Professional Memberships:
• Academy of International Business. USA
• American Society for Training & Development (ASTD). USA
• Arab Bankers Association of North America. USA
• Arab Organization for Certified Public Accountants (Honorary Member). Lebanon
• Center for Middle Eastern Studies of Canada. (Member of the Board of Trustees). Canada
• The Arab Academy for Banking and Financial Sciences. (Fellow). Jordan
• Water Science and Technology Association (WSTA). Bahrain
Listed:
Worldwide Directory of Finance Faculty. http://www.cob.ohio-state.edu/fin/findir/supportForm.html
Riba (noun) : Excessive interest rate
This transaction could be labeled as riba
Submitted by: Ghiyath Nakshbendi from Maryland on Jan. 06, 2007 23:13
http://www3.merriam-webster.com/opendictionary/newword_display_alpha.php?letter=Ri
Community Involvements:
• Montgomery County, MD: Committee for Ethnic Affairs (CEA) . Chair. Appointment Expires 4/2009
• United States Institute of Peace: Member: Advisory Committee for the Muslim World Initiative on “the Role of Muslim Americans in Bridging the US-Muslim Divide”
• Montgomery County, MD: Language Bank, Volunteer
• Montgomery County, MD: Connection Resources Bank, Volunteer
• PSI-(Population Services International).YouthAIDS: Volunteer
• COUNTY EXECUTIVE ISIAH LEGGETT'S SENIOR SUMMIT, November 20, 2008. University of Maryland at Shady Grove, Rockville, Maryland
Personal Data:
Married with two children.
Citizenship:
American
Rev. 01/10
.............................
Arap Ekonomik ve Sosyal Kalkınma Fonu.,
* TÜRKÇE ÇEVİRİSİ;
Ghiyath F. Nakshbendi, Ph.D.
P O Box 608, Glen Echo, MD 20812
Tel: 240.476.3006 Faks: 301.229.4789 E-posta: gnakshbendi @ yahoo. com
__________________________________________________
Akademik Öğretim:
Tam zamanlı:
2008- Halen: Yurt İçi Yönetici. Kogod İşletme Fakültesi, Amerikan Üniversitesi, Washington, D.C. (www.american.edu)
Dersler: IBUS 300: Uluslararası İşletmeciliğin Temelleri, IBUS 408: İhracat-İthalat Yönetimi, IBUS 596: İş Geliştirmede Mikrofinans, IBUS 705: İhracat-İthalat Yönetimi, IBUS 740: Proje Finansmanı: Gelişmekte ve Geçiş Ekonomileri
1975-1976: Misafir İşletme Profesörü, Kral Suud Üniversitesi, Riyad, Suudi Arabistan. (www.ksu.edu.sa)
Kral Saud Üniversitesi, önde gelen bir Suudi üniversitesidir ve neredeyse tüm önemli dersleri sunmaktadır. Öğretim, danışmanlık, eğitim ve araştırma. İdari Bilimler Fakültesi tarafından gerçekleştirilen iki büyük danışmanlık görevine katılmak (bir hac modeli-bir iş modeli olarak ve üniversite yönetimi). Öğretim, yönetici eğitimi ve araştırma.
Dersler: Örgütsel Davranış.
1970-1978: Yardımcı Doçent, (Tenured). Montgomery College, Rockville, Maryland, ABD. (www.montgomerycollege.edu)
Dersler: Muhasebe İlkeleri, İşletme ve Ekonomik Coğrafyaya Giriş. Kişisel Finans (Sürekli Eğitim).
Yardımcı:
2007-2008: Profesör Öğretim Görevlisi, Kogod İşletme Fakültesi, Amerikan Üniversitesi, Washington, D.C., ABD. (www.american.edu)
Dersler: IBUS 200: Küresel Pazar, IBUS 300: Uluslararası İşletmeciliğin Temelleri, IBUS 596: İş Geliştirmede Mikrofinans, IBUS 705: İhracat-İthalat Yönetimi.
2005-Halen:
Yardımcı Doçent, Maryland Üniversitesi Üniversite Üniversitesi, Adelphi, MD, ABD. (www.umuc.edu)
Kurslar:
BMGT 392: Küresel İşletme Yönetimi. BMGT 496: İş Etiği. Hem f2f hem de online öğretimi 1977 Öğretim Görevlisi, George Mason Üniversitesi, Fairfax, Virginia, ABD. (www.gmu.edu) Dersler: Yönetim İlkeleri.
İş:
2003-Halen Başkan, Sangamore Group, Bethesda, Maryland. Amerika Birleşik Devletleri(www.sangamoregroup.com)
Sangamore Group, Amerika Birleşik Devletleri'nde kurumsal ve kişisel iş faaliyetlerini yönetmek için uygun maliyetli ve gizli bir yol arayan yabancı yatırımcılar için özel bir temsilci olarak hizmet vermektedir. Kurumsal bağlı kuruluşları ve profesyonel ortakları aracılığıyla Sangamore Group, iş girişiminin yasal, muhasebe, halkla ilişkiler ve finansal yönetim ihtiyaçları dahil tüm yönlerini denetler.
Ticari gayrimenkul yatırım, değerlendirme ve yönetimine odaklanma
2006-Halen Kıdemli Danışman, GMD Solutions, Inc., İskenderiye, Virginia. (www.gmdsinc.com). GMD Solutions, Inc. Havacılık ve uzay, savunma, sağlık ve endüstriyel sektörlere yurtiçi ve yurtdışında çok çeşitli profesyonel pazarlama ve danışmanlık hizmetleri sunmaktadır.
1997-2003 Mali Müşavir, Arap Ekonomik ve Sosyal Fonu
Kalkınma, Kuveyt. (www.arabfund.org)
Arap Ekonomik ve Sosyal Kalkınma Fonu (AFESD), ödenmiş sermayesi ve 8,1 milyar dolar ve 17,8 milyar dolar kredi taahhüdü bulunan bölgesel bir Pan-Arap kalkınma finansmanı kuruluşudur. Altyapı projeleri için gelişimsel kredi sağlar, teknik ve finansal yardım sunar ve 1997 yılında özel sektördeki projelere ticari kredi vermeye başlamıştır.
Bir finansal danışman olarak, önerilen projenin maliyetini ve karlılığını değerlendirmekten sorumluydum. Ayrıca, borçlunun krediyi geri ödeme
kabiliyetini değerlendirmek için finansal tahminler hazırlamak. Borçlunun örgütsel sistemlerini ve prosedürlerini değerlendirmek, gereken özen gösterme nin bir parçasıydı. Söz konusu dönemde, tahmini 2,9 milyar dolarlık maliyeti olan toplam 19 projeyi, Arap Fonu'nun maliyetlerinin 1 milyar dolarını finanse ettiği değerlendirdim. Projeler şu sektörlerde gerçekleşti: elektrik, su / kanalizasyon, konut, sosyal fonlar, havaalanları ve hastaneler.
1994-1997 Müdür, Sangamore Grubu, Bethesda, Maryland.
Sangamore Group, kurumsal ve kişisel işleri yönetmek için uygun maliyetli ve gizli bir yol arayan yabancı yatırımcılar için özel bir temsilci olarak hizmet vermektedirABD'deki faaliyetler. Kurumsal bağlı kuruluşları ve profesyonel ortakları aracılığıyla Sangamore Group, işletmenin tüm yönlerini denetleryasal, muhasebe, halkla ilişkiler ve finansal yönetim ihtiyaçlarını içeren girişim.
1993-1994 Operasyon Şefi, Newfield Enterprises International,
(NEI), Los Angeles, Kaliforniya.
İflas yoluyla mülk edinme ve kredilerin yeniden planlanması konusunda bankalar la müzakere edilmesi. Aspen, CO'da 5 yıldızlı bir otelin tamamlanmasını, Orlando'da imzalanmış bir golf sahasını ve Washington, DC ve New York'taki iki büyük otel için 30 milyon dolarlık bir yenileme programını tamamladı. Portföyün toplam piyasa değeri yaklaşık 800 milyon dolardı.
1990-1993 Başkan Yardımcısı, Newfield Enterprises International, (NEI),
Los Angeles, Kaliforniya.
NEI bir varlıktır
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