Place and Date of Birth: Born in Triploi, north Lebanon, on November 24, 1955; Son of Azmi Mikati and Souad Abdallah Ghandour. Brother of Taha who helps him in his business works and philanthropic activities.
Activities and Affiliations
As a parliamentarian and a politician, Mikati developed a
reputation of being a moderately pro-Syrian politician with a good relationship with
Syrian President Bashar Assad. He was a perennial candidate for Lebanon's Prime Ministry
since 2000 before taking office in 2005 after the resignation of Omar Karami on 13 April
2005. In the negotiations to form a government, Mikati emerged as a consensus candidate.
Despite his closeness to Syria, his willingness to compromise and his promise to dismiss
the chiefs of the security forces, whom many Lebanese suspected of involvement in the
assassination of former Prime Minister Rafik Hariri on 14 February 2005, won him the
support of the anti-Syrian opposition, against the strongly pro-Syrian Minister of
Defense, Abdul Rahim Mourad. "We will be the symbol of moderation and national
unity," Mikati declared after being sworn in at the Presidential palace in Baabda.
The Mikati family Azm wa Saade Association
Azm wa Saade is a Lebanese non governmental organization that was founded in 1988 by Telecom billionaires Taha and Najib Mikati.
They named the Association after their parents Azmi Taha Mikati and Souad Abdallah Ghandour, Azm wa Saade. In doing so, they intended to honor the proper significance of their parents forenames: Azmi for strong will and resolve, and Souad for well being and happiness.
Engaged in charitable work and development activities in
Tripoli and throughout Lebanon, the Association's activities cover the fields of health,
nutrition, social, educational, cultural and humanitarian services.
Azm wa Saade objectives focus on the following:
The Association provides comprehensive health services, with full medical assistance to the chronically ill. Similarly, it offers educational support through financial aid both at school and university levels. Its charitable work covers all activities, ranging from nutrition to clothing to specific and difficult social cases and issues. Environmental, cultural, and sports activities all feature equally in the Association's daily programs and practices.
The Association also propagates Islamic culture. Workshops teaching the Holy Koran, debates and dialogues on faith, religious publications of books and pamphlets, as well as the construction, restoration, and furbishing of mosques, all contribute to raising awareness of Islam and promulgating its unique values.
Urban development in the North of Lebanon is another main concern, where local communities benefit from the Association's continuing programs for both metropolitan and rural sectors. Infrastructure works, as well as the restoration of facades in traditional neighborhoods, and the rehabilitation of leisure and work areas help preserve the social fabric in the region.
Briefly speaking, the Association's main activities center on the following fields of Medical & Healthcare, Care for the Visually Impaired, Specialized Technology, Azm Youth, Academic Support & Development, Handicraft & Cultural Training, Technical Training, Development Projects, Schools Assistance, Eradicating Illiteracy Programs, Youth Care Programs, Religious Studies, Educational Grants & Scholarships, and the Tripoli Football Club
The Mikati Family Business Profile
The most general public knowledge of Najib Mikati, Lebanon's prime minister designate as of January 25, 2011, is that he made a fortune as a telecommunications entrepreneur.
He is a major shareholder in South Africa's telecom MTN Group, owns the M1 international investment holding group, the French fashion line Faconnable, and has major real estate investments.
Forbes magazine has estimated his net worth at $2.5 billion, making him one of Lebanon's richest men. He ties for rank 374 on the Forbes list of billionaires with his brother and business partner Taha, whose net worth stands at $2.5 billion,
The Mikati corporate family, with older brother Taha at the helm, began their success in a modest and traditional Lebanese industry - construction - but things started to take off in the 1980s, when the siblings invested in telecommunications and established Investcom Holding.
As the face of Investcom, Najib Mikati rose to prominence when the company became the junior partner to one of Europe's best known telecommunications firms, France Telecom. The joint venture, in which Investcom held one third, was in ownership of the incongruously named FTML, a Lebanese company that has been defunct for some years now. In its heyday, however, FTML operated the Cellis mobile phone network. It was an effective money-making machine and key enabler in Lebanese economic growth.
Investcom's value was estimated at $30 million by the late 1990s, according to information on the website of parent company, M1 Holding. By 2000, Investcom and its subsidiaries had projects across the Middle East and Africa, in Ghana, Guinea Bissau, Benin, Syria, Liberia and Yemen, with Cyprus added in 2003. A decade after the establishment of FTML, the Mikatis' telecommunications empire had expanded to five million subscribers in the Middle East and Africa.
Panorama Building, N. Kfoury St., Verdun, Ein El Tineh
P.O.Box: 11-6876, Beirut, Lebanon. Tel:01-790111, 03-399997, 03-222828; Fax: 01-860503