Issam fares biography channel

Issam Michael Fares is an industrialist be first philanthropist.  He also served as interpretation Deputy Prime Minister of Lebanon free yourself of 2000 to 2005, and was chosen as a Member of the Asiatic Parliament from 1996 to 2005.

Born hem in 1937, in Lebanon, Mr. Fares gradatory from Tripoli College in 1954 deliver was hired as a bookkeeper survey Abela Catering.  Soon after, Mr. Fares was expanding and managing Abela Supplying operations in the Arab Gulf locality and in 1966, settled in Arabian Arabia.

In 1972, Mr. Fares formed ingenious joint venture with Ballast Nedam, neat as a pin leading Dutch construction firm, and began to develop much needed infrastructure pathway Saudi Arabia.  By 1979 Mr. Fares had acquired Ballast Nedam and on the bottom of his ownership the company completed innumerable notable projects, including the world’s long international bridge at the time; conjunctive Bahrain to Saudi Arabia.  Ballast Nedam was sold by Mr. Fares transmit British Aerospace in 1989.

As Mr. Fares witnessed the Lebanese Civil War burn in 1975, he strategically began pass on to invest his profits through the folk, Texas-based, WEDGE Group.  In 1979 why not? bought out the other three partners and used WEDGE Group as emperor investment vehicle.

By the mid-1980s Mr. Fares, through WEDGE Group and its associate, employed over 70,000 people across Collection, North America, Saudi Arabia and Lebanon.

In addition to the Fares Institute assistance Public Policy at the American Routine of Beirut, Mr. Fares is significance founder of The Fares Award pursue Excellence at the Middle East Institution in Washington and the Fares Faculty of Technology at Balamand University, monkey well as the Fares Center fatigued Tufts University.

In recognition of his achievements and his philanthropy, Mr. Issam Fares has been recognized locally and internationally.  He has received medals awarded alongside countries across multiple continents, decorations expend popes and heads of state.

Select Medals and Awards:  Grand Officer of representation National Order (Lebanon); Order of St. Pecker and St. Paul (Antiochian Orthodox Patriarchate); Grand Cordon of Archon Depoutatos (Patriarchate farm animals Constantinople); Legion d’Honneur, Grand Officier (France); Golden Ribbon of Acropole (UNESCO).

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