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In 1989, he established Trust International Insurance Company BSC© Bahrain, Trust
Re, as one of the then few Reinsurance Companies in the region, with a Paid-up Capital of
US$15M now standing at US$100M. He has previously held the Chairman position and is
currently a Board Member and a Special Advisor to the Board. The recent upgrade of TIIC-
Bahrain rating to A- (AM Best) is one of the major achievements of Ghazi Abu Nahl and a
great pride to the Arab Reinsurance Industry.
For Ghazi Abu Nahl, Trust is not just a business tag; it is a name he has carefully chosen to
reflect the trust he has in the potential the Arab markets holds and the capabilities the Arab
Professionals enjoy; Trust that hard work and persistence definitely yield positive results.
He believes that success is achieved by building trust with all stakeholders; employees,
colleagues and business partners and he has always strived to build this trust. Trust as a
keyword is evident in the expansion in the Arab geographical scope especially in countries
where the political or legal situation was not particularly encouraging to investors and
businessmen like Palestine or Algeria (at the time of the establishment of Trust Algeria).
1989 was truly a year brimming with achievements with the establishment of Nest
Investments (Holdings) Ltd of which he is the Chairman and 100% Shareholder. The
company's net assets exceed US$300M.
1989 also came to crystallise the aspiration of creating a direct insurance arm of the group
with the establishment of Trust International Insurance Company (Cyprus) Ltd now with a
Paid-up Capital of US $31M with subsidiaries and affiliates in Algeria, Palestine, Jordan,
Lebanon, Yemen, Libya and Syria. Other expansion plans for direct subsidiary
companies include insurance market like Saudi Arabia, Tunisia, Turkey and others.
Ghazi Abu Nahl is also a Board Member of the World Trade Centre Association-New York
since April 2004 and is the Chairman of World Trade Centre Holdings (Cyprus) Ltd as well
as President of the World Trade Centre Association - New York Foundation for Peace
and Stability through Trade. The Cyprus World Trade Centre Holding Company owns
and operates 15 World Trade Centres in the MENA region.
Ghazi Abu Nahl is also the Chairman of Trade Card Holding (Cyprus) Ltd holding
exclusive licenses in 22 MENA countries. TradeCardMENA, is the leading provider of on-
demand supply chain management solutions. The TradeCardMENA Platform synchronizes
financial transactions with physical events in the global supply chain to help customers
automate trade transactions from purchase order to payment and charge-backs.
Ghazi Abu Nahl has a profound vision to see the entire Group maintaining the highest
standards of professionalism and to be a household name regionally. His colleagues and staff
unanimously agree that irrespective of the many ways in which he phrases his vision; it is the
faith and commitment he works with and the motivation he spreads that inspires them to work
up to this vision.
He has an affirmed commitment to build up and strengthen his staff calibre and professional
ability which he demonstrates in the substantial amount of time and resources dedicated to
training and development. Enhancements of the in-house training facility and internal on-the-
job training have been on-going and a new ambitious graduate trainee programme was
introduced to refine the staff expertise and ability.
Ghazi Abu Nahl is relentless in strengthening and enhancing long-term relationships with
strategic partners in select markets as well as expanding presence in new markets within the
Group's geographical scope. He is a Pro of solid non-opportunistic investment policy and in
adding value through intensified marketing and innovative underwriting philosophy.
Ghazi Abu Nahl has three sons and two daughters Kamel, Fadi, Hamad, Reem and Amal.
Having firmly differentiated the Group as a well-reputed and reliable regional player, he has
given them a strong platform to take the driver's seat, capitalise on opportunities and expand
and strengthen presence and activities towards a continued growth and profitability while
maintaining the highest level of operational ability and client satisfaction.
Described by Mr. Abdul Khaliq Raouf, the Secretary General of the General Arab Insurance
Federation, Ghazi Abu Nahl has remarkable finger-prints in the Insurance & Reinsurance
Industry through a Group of insurance and reinsurance companies that blend some of the
best technical and managerial Arab expertise with high level of professionalism and
adherence to high standards. On the personal level, he describes him as someone who has
never hesitated in lending a helping hand whenever he felt needed.
The least that can be said about the future outlook of Ghazi Abu Nahl is not bounded: more
geographical expansion, enhancing corporate risk management and corporate governance,
strengthening human resources, rating, diversifying investments, keeping up with
technological development are just some of the headlines that will keep the team of Trust
working hard towards the vision of its founder.
Despite his frequent travels juggling issues, Ghazi Abu Nahl is a family man; his perfect free
time is amidst his wife, children and grandchildren. He seems to always find the time to catch
up with the news and the occasions of his brothers and sisters and big family. He is fond of
good old times antiques and vintage.
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