Logistics Middle East Power List 2010
Position 21: Mahmood Sakhi Al Balushi, CEO of Al Madina Logistics Services
At a time when the global recession has raised alarm bells for the logistics sector in developed markets such as the United States and Europe, it seems Oman has been identified as a hidden gem in the Middle East freight sector, with Business Monitor International (BMI) forecasting an average growth of 4.5% per annum between 2006 and 2010. Such reports are welcome news for 43-year old Mahmood Sakhi Al Balushi, CEO of Al Madina Logistics Services (AMLS) and graduate of St. Edward’s University in Texas, who has grand ambitions to establish a warehousing network throughout the Sultanate, which will measure 275,000m2 in total and host a complete range of supply chain solutions, including storage, transportation and consultancy services. Al Balushi’s multi-million dollar strategy will also be complemented by a fleet expansion, technology overhaul and entry into other Middle East markets over the coming year.