Makhzoumi Fouad

Mr. Fouad Makhzoumi was born in Beirut, Lebanon. He received his preliminary and secondary education at the International College in Beirut and then he obtained undergraduate (1974) and Master of Science degrees (1975) in Chemical Engineering from Michigan Technological University, in Michigan, United States of America. Mr. Makhzoumi was appointed a Commander of the Order of Merit of the Republic of Italy in 2013.
In 1975, Mr. Fouad Makhzoumi, a new graduate and confident young man, sought an opportunity to make his fortune in the Kingdom of Saudi Arabia. In the world of business, he has shown imagination, initiative, a readiness to take bold steps and to undertake adventurous projects. In Saudi Arabia, Mr. Makhzoumi played a strategic role in developing one of largest private industrial group of companies.
In 1984, a company controlled by Mr. Fouad Makhzoumi, acquired a substantial interest in a UAE based pipe manufacturing and trading business. Under Mr. Makhzoumi's leadership and industrial expertise what became the Future Pipe Industries Group, which is now wholly owned by Future Group Holdings, has grown into one of the world’s largest producers of composite pipe systems and is now global in its scope of activities with specialized subsidiaries throughout the world.
As well as Future Pipe Industries, Mr. Makhzoumi controls a diverse portfolio of investments including: engineering; industrial; commercial; research; real estate; security; information; multimedia and publishing businesses. Together, these companies employ more than 3,500 people across the world, in countries including: Lebanon, United Arab Emirates, Egypt, Oman, Qatar, Saudi Arabia, Italy, France, The Netherlands, Germany, UK, Spain, Morocco, U.S.A., Thailand, India, Indonesia and Singapore.
Mr. Makhzoumi has been the Executive Chairman of Future Pipe Industries since 2003 and he is also currently its Chief Executive Officer. He has also been the Executive Chairman of Future Group Holdings since 1982.
In addition to his achievements in the world of commerce, Mr. Makhzoumi has throughout his career participated in a wide range of public and political activities. He believes his economic and business experience gives him particular insight as to political and social situations, not only in Lebanon but also in the Arab World in general and he has long been a prominent figure in international, political and diplomatic circles. His involvement in public affairs intensified after the Lebanese civil war ended and in 2004 he founded the National Dialogue Party in Lebanon, of which he has acted as its Secretary General since its foundation.

Last update: 19/08/2015