Mazen Sinokrot ( ar, مازن سنقرط) is a Palestinian businessman who founded

Sinokrot Sinokrot Holding is the largest family-owned business group in the Palestinian territories, established in 1982. It is based in Ramallah, operating in 20,000 m2 of buildings with 350 employees. The company sells from more than 4,000 outlets. ...

Global Group established in 1982.

Family and early life

Mazen was born in

East Jerusalem East Jerusalem (, ; , ) is the sector of Jerusalem that was held by Jordan during the 1948 Arab–Israeli War, as opposed to the western sector of the city, West Jerusalem, which was held by Israel. Jerusalem was envisaged as a separ ...

on 30 November 1954. In 1980, Sinokrot received a BSC in Industrial Engineering and Production Management with honors from

The University of Nottingham , mottoeng = A city is built on wisdom , established = 1798 – teacher training college1881 – University College Nottingham1948 – university status , type = Public , chancellor ...

in the United Kingdom.

Business career

Sinokrot is the founder of

Holding, the leading family owned business in Palestine with regard to investment size and number of employees. SGG focuses its investments in Food and Agro-Industries, Agriculture, Tourism and Hospitality, Trade and Consumable products, and Information Technology. He led the national effort to establish a number of private sector institutions including the Federation of Industries which he chaired for a full term. He was the founder and first chairman of the Palestine Trade Center (Paltrade), and continues to serve on the boards of a number of these institutions. He also serves on the boards of foundations that promote youth development, public participation and social responsibility, he is the chairman of the EFE, a member of the board of trustees of

Al-Quds University Al-Quds University ( ar, جامعة القدس) is a Palestinian university with campuses in Jerusalem, Abu Dis, al-Bireh, and Hebron. Overview The idea of establishing an institution of higher learning in the outskirts of Jerusalem was con ...

, a member of the board of

Al-Quds chamber of commerce and industry Jerusalem (; he, יְרוּשָׁלַיִם ; ar, القُدس ) (combining the Biblical and common usage Arabic names); grc, Ἱερουσαλήμ/Ἰεροσόλυμα, Hierousalḗm/Hierosóluma; hy, Երուսաղեմ, Erusałēm. i ...

. Sinokrot serves on the board of directors of the

Palestine Investment Fund The Palestine Investment Fund (PIF) was established in 2003 as an independent investment company aiming to strengthen the local economy through strategic investments, while maximising long-run returns for its ultimate shareholder; the people of P ...

and has along with the PIF and other Jerusalem entities and leading individuals, who like him are residents of Jerusalem, established the first holding company, Al-Quds Holding, to serve the area. He is also the chairman of the

Palestine British Business Council The Palestine British Business Council (PBBC) is a British private-sector body designed "to facilitate and promote investment opportunities in Palestine __NOTOC__ Palestine may refer to: * State of Palestine, a state in Western Asia * Palestine ...

Political role

Sinokrot, who is politically independent and non-partisan, served and held the post of Minister of National Economy between 2005 and 2006. He is a frequent participant and speaker at a number of local, regional, and international conferences seeking to promote national Palestinian interests and economic development. He is a major promoter of the Public/Private partnership in formulating laws and legislations leading to a competitive economy.

References

{{DEFAULTSORT:Sinokrot, Mazen 1954 births Palestinian businesspeople Living people