Early Life
Taha Mikati was born in Tripoli, North Lebanon, in 1944. His academic journey began at the International College, followed by a Bachelor's degree from the American University of Beirut.
Rise to Success
Mikati's entrepreneurial career began in 1979 with the founding of the Arabian Construction Company (ACC) in Abu Dhabi. ACC grew into a major construction firm in the Middle East. In the 1980s, he co-founded Investcom with his brother Najib Mikati, a pivotal move that shaped his future. Investcom played a key role in the development of the telecommunications sector in Lebanon and the region. The company expanded operations across Africa and the Middle East. Investcom went public on the London Stock Exchange in 2005 and was later acquired by MTN Group in 2009.
Key Business Strategies
Mikati's success stems from his strategic approach to business. His early focus on construction and engineering laid the foundation for his later ventures. Co-founding Investcom during the Lebanese civil war showcased his ability to identify and capitalize on opportunities. Investcom's expansion into Africa was a crucial step in building a substantial customer base and increasing revenue.
Philanthropy
Taha Mikati is recognized for his philanthropic efforts through the Mikati Foundation. The foundation focuses on improving welfare and development in the developing world, particularly in the Arab World and Africa. These initiatives highlight Mikati's commitment to social responsibility and community development.