Billionaire Mohamed Mansour believes the way the Mansour Group operates reflects on the family name, and the way family members conduct themselves reflects on the company. 'The link is inextricable,' he says. Bloomberg via Getty Images
Billionaire Mohamed Mansour believes the way the Mansour Group operates reflects on the family name, and the way family members conduct themselves reflects on the company. 'The link is inextricable,' he says. Bloomberg via Getty Images
Billionaire Mohamed Mansour believes the way the Mansour Group operates reflects on the family name, and the way family members conduct themselves reflects on the company. 'The link is inextricable,' he says. Bloomberg via Getty Images
Billionaire Mohamed Mansour believes the way the Mansour Group operates reflects on the family name, and the way family members conduct themselves reflects on the company. 'The link is inextricable,'

Conservative treasurer Mohamed Mansour on his patriotic triggers


  • English
  • Arabic

The beating heart of our empire started on home soil in my father’s country of birth, where I had ridden horses across the sand hills and desert landscapes in the shadow of the Pyramids.

I carry Egypt in my blood and heart but am also a citizen of the world whose home in London makes me feel grateful and is a place to which I can also say I belong.

What I own and run today stretches from Cairo to California. It started from watching my father work without pause in Alexandria.

Reputation was everything. He was very proud of our family history as well as our country’s heritage. He was patriotic to his core and, of course, Egyptian cotton was a defining part of him as well as his signature – making and exporting the finest quality cloth all over the world.

The identity of Egypt for most people is defined by the Pyramids, which I saw with wondrous eyes growing up. They are the pinnacle of what an extreme vision and enormous hard work, thought up by the pharaohs and the people who built them, can result in. That incredible wonder has never left me, and never will.

Their proud silhouettes are seared into my mind as a tribute to family and fortune, to past and future, that honours the dead and feeds the imagination of the living. They represent both hope and glory.

Mohamed Mansour remembers gazing as a child with wondrous eyes on the pyramids at Giza. 'That incredible wonder has never left me, and never will,' he says. Photo: The Mansour Family
Mohamed Mansour remembers gazing as a child with wondrous eyes on the pyramids at Giza. 'That incredible wonder has never left me, and never will,' he says. Photo: The Mansour Family

Egypt has a way of casting a spell and enabling me to do things. As a boy I was taken to those ancient stone symbols of genius and power. A true wonder of the world, and on my doorstep. Impossible things that were built. What did Egyptians do all those millennia back? They created legacy. Egypt was my beginning and will continue to define me until the very end.

Our regal past is potent: pharaohs, Cleopatra, sarcophagi and jewels unmatched in aesthetic glamour, a heritage that catches the imagination of the world. Many of the artefacts and narrative of several millennia today are displayed afresh in the Grand Egyptian Museum, the largest and, surely, the greatest museum of ancient times in the world.

I say this with particular pride as I play a small part as one of the only trustees on its board from the private sector. The museum is destined to be one of the most popular on the planet.

I see Egypt as a place defined by its historic uniqueness and, also, as a place for building dreams and taking opportunities: like the ebb and flow of the Nile, my family’s life has seen great lows and highs, from creation to destruction and back again.

The Grand Egytian Museum, on the board of which Mansour is honoured to sit as a trustee, is destined to be 'one of the most popular on the planet'. Photo: Grand Egyptian Museum
The Grand Egytian Museum, on the board of which Mansour is honoured to sit as a trustee, is destined to be 'one of the most popular on the planet'. Photo: Grand Egyptian Museum

In the more recent past we have seen that on an epic scale with Covid-19 impacting the two countries I love most. Both, fortunately, survived great difficulties during the pandemic.

As with all crises, it brought reflection and reactions. We learned how to inspire, survive and prosper when the world was in danger of grinding to a halt. It was a period to test character and values. To decide what you protect, and how you value all you do and want.

My family and I knew we had to give. We have been so fortunate and have always gained strength from giving just as we gained opportunities when people gave to us in our early days.

Second chances are a theme of my life. I was given one at university. My father was even given a third chance to build a business after twice having it taken from him. When Covid-19 hit Egypt, my brothers and I gave $11.5 million to support the fight against the virus.

A young Mohamed and his brothers Ismail and Youssef, with their father Loutfy and driver, exploring one of his many classic cars. Photo: The Mansour Family
A young Mohamed and his brothers Ismail and Youssef, with their father Loutfy and driver, exploring one of his many classic cars. Photo: The Mansour Family

We made donations to help African countries. As a family company, in times of difficulty, you look after your people and do all that you can to support your communities.

I was also moved to give in the UK as I saw the strangulation on the economy as the country closed down and struggled to reopen. I love Britain: its people, way of life, strong safe-guarding legal system, landscapes and cities. I love its traditions and sense of humour, and the candour and straight-dealing of the people.

The UK has given me a second home and security, as well as a sanctuary and base to foster a global business. And it has given me a third chance in my life. This is why it fills me with such pride to be able to do whatever I can to serve the country.

I was so honoured to be appointed as senior treasurer of the UK Conservative Party in December 2022. The party of Churchill is a great political movement and one of the oldest political parties in the world.

The Covid-19 memorial at St Paul's Cathedral, London, is digital as well as the first new stone structure added since Christopher Wren laid its foundation stone in the 17th century. Photo: Graham Lacdao / St Paul's
The Covid-19 memorial at St Paul's Cathedral, London, is digital as well as the first new stone structure added since Christopher Wren laid its foundation stone in the 17th century. Photo: Graham Lacdao / St Paul's

Another moment of clarity was when I was approached to contribute to a national memorial at St Paul’s Cathedral in London for the people who had died due to Covid-19 complications in the UK. I felt an immediate desire to help mark this historic pandemic, and I liked that this was a digital memorial as well as the first new stone structure added since Christopher Wren laid its foundation stone in the 17th century.

Two epic monuments in two great countries: the Pyramids and St Paul’s. They are emblematic and glorious icons known across the globe. They trigger patriotic faith and belief, and are able to take death while elevating us all to a higher plain of thought, philosophy and prayer.

Contributing to the St Paul’s memorial linked to my gratitude to Britain and marked my shared grief over the losses that had left Britain mourning on a scale not seen since World War II.

It was a coalition of people of different faiths – Muslims, Jews, Christians and atheists – that touched the soul in combination with the overwhelming need for people to put other people first.

Mohamed Mansour and his wife, Fafy, with the then-Prince of Wales, now King Charles III, at a reception. Photo: The Mansour Family
Mohamed Mansour and his wife, Fafy, with the then-Prince of Wales, now King Charles III, at a reception. Photo: The Mansour Family

I returned to my memory as a boy of seeing the Pyramids when I took my family to the memorial at St Paul’s. Its dome, framed by the spires of Wren’s architectural design, has dominated the city skyline for over three centuries and has borne witness to the funerals of Lord Nelson and Winston Churchill; the jubilee celebrations of Queen Victoria; and the wedding of Charles and Diana.

The cathedral was a project that took leadership, as well as money, to succeed and prosper. In our own ways, we are all Christopher Wrens; trying to build and make something worthwhile. They wanted things to last. They wanted to celebrate what people can do when they come together. They had vision and were lucky enough to be able to fulfil it.

I am one of the luckiest people on the planet, having overcome huge medical challenges before being able to achieve wealth and construct a business empire that is still expanding. Hard work, and an insatiable, never-quenched thirst to succeed, grow and create opportunities for my family and others are so important, too.

The official photo taken of Mansour as Minister of Transport for Egypt (December 2005 to October 2009). Photo: The Mansour Family
The official photo taken of Mansour as Minister of Transport for Egypt (December 2005 to October 2009). Photo: The Mansour Family

I have always taken a values-driven approach. Integrity, honesty and transparency are the roots that underpin our empire. Our logo shows two hands: cradling and nurturing.

It is not because we were lucky and struck oil that we were able to be so fortunate and have more than I ever dreamed of as a young man. It’s been a hard slog: it’s been never giving up. Caring for people. Fighting for what is right. Having a vision. Knowing what really matters.

I have dedicated my working life to preserving the honour and dignity of the Mansour name. The way the business operates reflects on our name, and the way we conduct ourselves reflects on the company. The link is inextricable.

Life has been a road of many challenges, myriad obstacles that I have had to overcome, which shaped my character and personality. When I was a younger man, people told me I could be difficult but, like everyone, you adjust over time, your priorities mature and you realise what is important.

A hand-written note by Mohamed Mansour's father, Loutfy, in 1975, in which he promises to serve his family and Egypt and help the poor, found within the pages of his Quran after he died. Photo: The Mansour Family
A hand-written note by Mohamed Mansour's father, Loutfy, in 1975, in which he promises to serve his family and Egypt and help the poor, found within the pages of his Quran after he died. Photo: The Mansour Family

I recently came across, through a friend of mine, one of the shortest poems ever written and it amused me, not least due to my love of tea, but because it made me think. It is an elegant seven-word poem written by Samuel Menashe, a New Yorker, who also fell in love with Britain:

A pot poured out

Fulfills its spout

Though not as grand or totemic in stature as, say, St Paul’s or the Pyramids, it is a simple call for everything in life to be purposeful and have some meaning. It takes the image of something that a great majority of us use every day, and unearths a beauty, a perfection and aspiration.

Even the smallest things can mirror the greatest ambitions and achievements. I think of it as a farewell sign of what we must all do: to do all we can, to give all we can, to work as hard as we can and to take opportunities at every turn and use them. They are often God-given but man-made.

This is an edited extract of ‘Drive to Succeed: The Making of an Egyptian Titan’, by Mohamed Mansour with Andrew Cave (Ebury Press, £25), available in hardback now.

What can victims do?

Always use only regulated platforms

Stop all transactions and communication on suspicion

Save all evidence (screenshots, chat logs, transaction IDs)

Report to local authorities

Warn others to prevent further harm

Courtesy: Crystal Intelligence

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
Greatest of All Time
Starring: Vijay, Sneha, Prashanth, Prabhu Deva, Mohan
Director: Venkat Prabhu
Rating: 2/5
SOUTH%20KOREA%20SQUAD
%3Cp%3E%0D%3Cstrong%3EGoalkeepers%3A%20%3C%2Fstrong%3EKim%20Seung-gyu%2C%20Jo%20Hyeon-woo%2C%20Song%20Bum-keun%0D%3Cbr%3E%3Cstrong%3EDefenders%3A%20%3C%2Fstrong%3EKim%20Young-gwon%2C%20Kim%20Min-jae%2C%20Jung%20Seung-hyun%2C%20Kim%20Ju-sung%2C%20Kim%20Ji-soo%2C%20Seol%20Young-woo%2C%20Kim%20Tae-hwan%2C%20Lee%20Ki-je%2C%20Kim%20Jin-su%0D%3Cbr%3E%3Cstrong%3EMidfielders%3A%20%3C%2Fstrong%3EPark%20Yong-woo%2C%20Hwang%20In-beom%2C%20Hong%20Hyun-seok%2C%20Lee%20Soon-min%2C%20Lee%20Jae-sung%2C%20Lee%20Kang-in%2C%20Son%20Heung-min%20(captain)%2C%20Jeong%20Woo-yeong%2C%20Moon%20Seon-min%2C%20Park%20Jin-seob%2C%20Yang%20Hyun-jun%0D%3Cbr%3E%3Cstrong%3EStrikers%3A%20%3C%2Fstrong%3EHwang%20Hee-chan%2C%20Cho%20Gue-sung%2C%20Oh%20Hyeon-gyu%3C%2Fp%3E%0A
UAE rugby season

FIXTURES

West Asia Premiership

Dubai Hurricanes v Dubai Knights Eagles

Dubai Tigers v Bahrain

Jebel Ali Dragons v Abu Dhabi Harlequins

UAE Division 1

Dubai Sharks v Dubai Hurricanes II

Al Ain Amblers v Dubai Knights Eagles II

Dubai Tigers II v Abu Dhabi Saracens

Jebel Ali Dragons II v Abu Dhabi Harlequins II

Sharjah Wanderers v Dubai Exiles II

 

LAST SEASON

West Asia Premiership

Winners – Bahrain

Runners-up – Dubai Exiles

UAE Premiership

Winners – Abu Dhabi Harlequins

Runners-up – Jebel Ali Dragons

Dubai Rugby Sevens

Winners – Dubai Hurricanes

Runners-up – Abu Dhabi Harlequins

UAE Conference

Winners – Dubai Tigers

Runners-up – Al Ain Amblers

The years Ramadan fell in May

1987

1954

1921

1888

FIGHT%20CARD
%3Cp%3EAnthony%20Joshua%20v%20Otto%20Wallin%2C%2012%20rounds%2C%20heavyweight%3C%2Fp%3E%0A%3Cp%3EDeontay%20Wilder%20v%20Joseph%20Parker%2C%2012%20rounds%2C%20heavyweight%3C%2Fp%3E%0A%3Cp%3EDmitry%20Bivol%20v%20Lyndon%20Arthur%2C%2012%20rounds%2C%20light%20heavyweight%3C%2Fp%3E%0A%3Cp%3EDaniel%20Dubois%20v%20Jarrell%20Miller%2C%2012%20rounds%2C%20heavyweight%3C%2Fp%3E%0A%3Cp%3EFilip%20Hrgovic%20v%20Mark%20de%20Mori%2C%2012%20rounds%2C%20heavyweight%C2%A0%3C%2Fp%3E%0A%3Cp%3EArslanbek%20Makhmudov%20v%20Agit%20Kabayel%2C%2012%20rounds%2C%20heavyweight%C2%A0%3C%2Fp%3E%0A%3Cp%3EFrank%20Sanchez%20v%20Junior%20Fa%2C%2012%20rounds%2C%20heavyweight%C2%A0%3C%2Fp%3E%0A%3Cp%3EJai%20Opetaia%20v%20Ellis%20Zorro%2C%2012%20rounds%2C%20cruiserweight%3C%2Fp%3E%0A
Expert advice

“Join in with a group like Cycle Safe Dubai or TrainYAS, where you’ll meet like-minded people and always have support on hand.”

Stewart Howison, co-founder of Cycle Safe Dubai and owner of Revolution Cycles

“When you sweat a lot, you lose a lot of salt and other electrolytes from your body. If your electrolytes drop enough, you will be at risk of cramping. To prevent salt deficiency, simply add an electrolyte mix to your water.”

Cornelia Gloor, head of RAK Hospital’s Rehabilitation and Physiotherapy Centre 

“Don’t make the mistake of thinking you can ride as fast or as far during the summer as you do in cooler weather. The heat will make you expend more energy to maintain a speed that might normally be comfortable, so pace yourself when riding during the hotter parts of the day.”

Chandrashekar Nandi, physiotherapist at Burjeel Hospital in Dubai
 

Have you been targeted?

Tuan Phan of SimplyFI.org lists five signs you have been mis-sold to:

1. Your pension fund has been placed inside an offshore insurance wrapper with a hefty upfront commission.

2. The money has been transferred into a structured note. These products have high upfront, recurring commission and should never be in a pension account.

3. You have also been sold investment funds with an upfront initial charge of around 5 per cent. ETFs, for example, have no upfront charges.

4. The adviser charges a 1 per cent charge for managing your assets. They are being paid for doing nothing. They have already claimed massive amounts in hidden upfront commission.

5. Total annual management cost for your pension account is 2 per cent or more, including platform, underlying fund and advice charges.

Fixtures

50-over match

UAE v Lancashire, starts at 10am

Champion County match

MCC v Surrey, four-day match, starting on Sunday, March 24, play starts at 10am

Both matches are at ICC Academy, Dubai Sports City. Admission is free.

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%203S%20Money%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202018%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20London%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Ivan%20Zhiznevsky%2C%20Eugene%20Dugaev%20and%20Andrei%20Dikouchine%3Cbr%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20FinTech%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20%245.6%20million%20raised%20in%20total%3C%2Fp%3E%0A
The five pillars of Islam

1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat 

The candidates

Dr Ayham Ammora, scientist and business executive

Ali Azeem, business leader

Tony Booth, professor of education

Lord Browne, former BP chief executive

Dr Mohamed El-Erian, economist

Professor Wyn Evans, astrophysicist

Dr Mark Mann, scientist

Gina MIller, anti-Brexit campaigner

Lord Smith, former Cabinet minister

Sandi Toksvig, broadcaster

 

The specs

Engine: 1.5-litre 4-cylinder petrol

Power: 154bhp

Torque: 250Nm

Transmission: 7-speed automatic with 8-speed sports option 

Price: From Dh79,600

On sale: Now

UAE currency: the story behind the money in your pockets
In numbers: China in Dubai

The number of Chinese people living in Dubai: An estimated 200,000

Number of Chinese people in International City: Almost 50,000

Daily visitors to Dragon Mart in 2018/19: 120,000

Daily visitors to Dragon Mart in 2010: 20,000

Percentage increase in visitors in eight years: 500 per cent

RIDE%20ON
%3Cp%3EDirector%3A%20Larry%20Yang%3C%2Fp%3E%0A%3Cp%3EStars%3A%20Jackie%20Chan%2C%20Liu%20Haocun%2C%20Kevin%20Guo%3C%2Fp%3E%0A%3Cp%3ERating%3A%202%2F5%3C%2Fp%3E%0A
Lexus LX700h specs

Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor

Power: 464hp at 5,200rpm

Torque: 790Nm from 2,000-3,600rpm

Transmission: 10-speed auto

Fuel consumption: 11.7L/100km

On sale: Now

Price: From Dh590,000

UAE currency: the story behind the money in your pockets
Listen here

Subscribe to Business Extra

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The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.

Part three: an affection for classic cars lives on

Read part two: how climate change drove the race for an alternative 

Read part one: how cars came to the UAE

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

Read part one: how cars came to the UAE

BMW M5 specs

Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor

Power: 727hp

Torque: 1,000Nm

Transmission: 8-speed auto

Fuel consumption: 10.6L/100km

On sale: Now

Price: From Dh650,000

Infiniti QX80 specs

Engine: twin-turbocharged 3.5-liter V6

Power: 450hp

Torque: 700Nm

Price: From Dh450,000, Autograph model from Dh510,000

Available: Now

Specs
Engine: Electric motor generating 54.2kWh (Cooper SE and Aceman SE), 64.6kW (Countryman All4 SE)
Power: 218hp (Cooper and Aceman), 313hp (Countryman)
Torque: 330Nm (Cooper and Aceman), 494Nm (Countryman)
On sale: Now
Price: From Dh158,000 (Cooper), Dh168,000 (Aceman), Dh190,000 (Countryman)
Difference between fractional ownership and timeshare

Although similar in its appearance, the concept of a fractional title deed is unlike that of a timeshare, which usually involves multiple investors buying “time” in a property whereby the owner has the right to occupation for a specified period of time in any year, as opposed to the actual real estate, said John Peacock, Head of Indirect Tax and Conveyancing, BSA Ahmad Bin Hezeem & Associates, a law firm.

Scoreline:

Barcelona 2

Suarez 85', Messi 86'

Atletico Madrid 0

Red card: Diego Costa 28' (Atletico)

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20SupplyVan%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%2C%20UAE%3Cbr%3E%3Cstrong%3ELaunch%20year%3A%3C%2Fstrong%3E%202017%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%2029%3Cbr%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20MRO%20and%20e-commerce%3Cbr%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20Seed%3C%2Fp%3E%0A
Long read

Mageed Yahia, director of WFP in UAE: Coronavirus knows no borders, and neither should the response

The Sand Castle

Director: Matty Brown

Stars: Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea

Rating: 2.5/5

Updated: January 24, 2024, 11:51 AM`