Success Stories of Bahraini Millionaires

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Self Made Entrepreneurs

• Success Stories of Bahraini Millionaires

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• Mohamed Saleh Shaban

BUSINESSES
Bahrain Technologam Gulf Strategic
Partners Shaban Building Materials
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Who am I?

• Mohammed Saleh Shaban
• Born 1966
• Father of 3 children
• Educational background
• 1985 - High School Diploma
• 1990 - University of Bahrain / BSc Math
• 2000 - Sunderland University, UK / MSc Computer
  Based Information Systems

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B.Sc. in Mathematics - University of Bahrain
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Master of Science, University of Sunderland, UK
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How I started my own business

• Worked in the family construction.
• 1990-2004 was a Mathematics Teacher.
• 2002 Joined UNIDOs Enterprise Creation
  Investment Promotion Program
• Original Business Idea Manufacturing wheel
  chairs.
• Visited Malaysian trade delegation during the
  EDP.
• Among the companies was Technologam

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EDP Certificate
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EDP Certificate Ceremony
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Bahrain Technologam

• First linked between the consumers and the
  companys offices but changed the business idea
  to Gaskets.
• Financial Linkages with Bahrain Development Bank,
  the sum of 46,000 BD in 2000.
• 2001/2002 Received Commercial Registration.
• 2002 Entered the Bahrain Business Incubation
  Centre.
• 2003 Received 5,000 BD extra finance.

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Signing Joint Venture with Malaysian
Counterparts Technologam
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Prime Minister Shaikh Khalifa bin Salman Al
Khalifa at the Opening of Technologam
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Technologam
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Commercial Registration Bahrain Technologam
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Industrial RegistrationBahrain Technologam
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Customers

• ASRI
• GPIC / Gulf Petrochemical Industrial Company
• BAPCO
• Hidd Power Station
• JUPC Jubail United Petrochemical Company

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Gulf Strategic Partners

• Company specializes in Industrial Cleaning
• Target Market Power Stations and Petrochemical
  Factories.
• 400,000 contract signed with JUPC for industrial
  cleaning services.
• Received financial assistance from Kuwait Finance
  House (KFH) for 600,000.
• Company rapidly expanded through the GCC and is
  now looking to India
• Signed a 1.2 million credit facility with KFH

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Commercial Registration Gulf Strategic Partner
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New BusinessShaban Building Materials

• Company trades in various types of building
  materials
• Target Market Bahrain.
• The Company was only recently setup.

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Future Plans

• ISO Certification.
• Be the pioneer in specialist industrial cleaning.
• Expand beyond the Gulf and the Middle-East
• Go Public!

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Participated in the Small Business Forum in
Jordon 2003
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Participated in Technology Management Workshop
Conducted by UNIDO
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Participated in Technology Management Workshop
Conducted by UNIDO
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Participated in Workshop conducted by UNIDO
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Final Comments

• After two years of working on my own business I
  decided to resign from my previous job.
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