Mohamad Saif Bin Shafar is a prominent businessman and the chairman of ASGC (Al Shafar General Contracting), a leading construction company in the UAE, founded in 1989. As chairman, he has played a key role in guiding the company to become one of the top construction conglomerates in the Middle East, with a strong presence in Dubai and several other countries.
Early Days and Company Foundation
ASGC began as a civil works contractor in Dubai, founded through the vision and partnership of Mohamad Saif Bin Shafar, Emad Azmy, and Mohamed Al Sayyah. From these beginnings, ASGC grew steadily, building a reputation for quality and professionalism in construction projects across the region. Today, ASGC is part of the Al Shafar Group and stands out as a private enterprise committed to contributing to the growth of the UAE economy and the well-being of its community. The company operates in multiple countries, including Egypt, Saudi Arabia, Kuwait, Qatar, Oman, and Libya, showcasing its wide reach and influence.
Achievements and Business Growth
Under Mohamad Saif Bin Shafar’s leadership, ASGC has completed over 250 projects, ranging from residential towers to commercial complexes and special infrastructure works. The company employs around 17,000 people and achieved revenues of about $1 billion in 2020, reflecting its success and scale. ASGC’s hallmark is its commitment to quality, safety, and meeting client needs through teamwork and professionalism at all levels of the organization.
Role as Chairman
As chairman, Mohamad Saif Bin Shafar is deeply involved in setting the company’s direction and ensuring its continued growth and excellence. He works alongside key executives, including the vice-chairman Emad Azmy, who manages daily operations and project execution. Bin Shafar’s role includes strategy formulation and supporting the company’s ambition to expand its capabilities and markets. The synergy between the leadership team and the workforce is one of ASGC’s strengths, and Bin Shafar values the teamwork that drives the company forward.
About ASGC Today
ASGC’s portfolio stands as a testament to its expertise, handling complex, large-scale projects with professionalism and on-time delivery. The company is ranked among the top 103 companies in Dubai, recognized by the Dubai Chamber of Commerce and Industry. With offices in multiple countries, ASGC maintains a diversified and robust presence in the construction industry. The firm emphasizes sustainable development and upholding best industry practices, giving clients confidence in their projects and services.
Personal Side of Mohamad Saif Bin Shafar
After retiring from active duty in 2001, he focused full-time on expanding his business ventures, which now include Bin Shafar Holding along with ASGC. His leadership reflects a blend of tradition and modern vision, always aiming to leave a positive impact beyond business achievements.
The Road Ahead
Mohamad Saif Bin Shafar’s journey with ASGC is a story of vision, determination, and steady growth. From a small civil works contractor in Dubai to a multi-billion-dollar construction conglomerate, his leadership has made ASGC a trusted name in the Middle East’s construction industry. With a strong focus on quality, teamwork, and community, Bin Shafar and his team continue to build not just structures but lasting relationships and legacies across the region.
