Chairman’s Mission statement

Economic growth has priority over other economics subjects in the Middle East and Africa. Moreover, long term economic growth in the Middle East and Africa has gained momentum amongst academics, economists and economic decision makers. Some reasons might be related to the fact that many countries in these regions, unlike many countries Europe, have less aggressive rivals who spare no efforts to attract foreign investments for its direct impact on individuals’ real income rate, which has prompt effect on economic growth. Also, some countries in the Middle East and Africa have adopted policies such as offering projects that yield significant returns, tax exemptions and flexible capital movement to attract investments and to gain a competitive edge over other countries. These aspects helped in formulating our company’s future economic vision for many countries in the Middle East and Africa as a virgin investment environment that is not yet dominated by greedy investments, which are associated with interest accumulation and the exploitation of usury banks.

Global Sphere Company adopts unique investing and financing strategies that are based on the principle of strategic partnership for long term investments that last for 40 years and have investment value exceeding 10 digits. The godfather of this principle is the chairman of Global Sphere Company Dr. Abdalla Alsayegh, who was awarded his doctorate degree in economics in 2011. The philosophy’s social and economic impact in addition to its high levels of investment and capital security made it popular amongst its followers and supporters including businessmen, banks and other financial institutions.

Global Sphere Company services give many countries golden opportunities for big economic growth in the next two decades. Our strategic investments help in creating massive job opportunities for all strata of society and assist in achieving higher per capita income. It’s also worth noting that economic growth involves achieving high standards of living, hence, affecting the entire society.

Achieving financial gains in an unstable and staggering social environment could expose the entire investment to risks; thus, one of the goals of our principle is to make investments achieve both its social and economic purposes. Our philosophy is based on the relationship between the financier and the applicant, which is often a long term strategic relationship relying on mutual partnership, whereas the 100% of the investment size is provided by the financier against 20% provided by the applicant. This is the financier’s guarantees that the project is real not propositional or fraud; at the same time, the policy assures that the applicant will ensure that the project is achieving the highest possible returns as a partner and a shareholder.

Furthermore, through this partnership the applicant would guarantee getting 20% of the profits against 80% to the financier, and after the payback period the applicant’s profit percentage would increase to reach 40% against 60% to the financier. Our policy ensures the applicant unprecedented long term benefits that effectively contribute to the economic growth and the social development. In addition, it aids in raising the levels of government spending which reflects positively on unemployment rates, per capita income and the standards of living in general.

In addition, our policy provides protection from the opportunistic bank interest accumulation that could reach 20% in some cases. Traditional investment policies do not take into account the need for social integration as it mainly targets profitability. The applicant’s benefits in this case are minimal tax gains along with very limited labour employment.

Our policy’s mid-term and long-term consequential outcomes cannot be stresses enough. We, as decision makers at Global Sphere Company, don’t encourage investment parties for financial gains, instead, we strive to accomplish a balanced combination that takes into account not only financial gains, but also economic, social, environmental, cultural and political gains. We guarantee the traditional fulfilment of investment purposes and we promise ultimate satisfaction resulting from economic and social integration.