Nizar Assaad
{{Short description|Canadian engineer}}
{{Multiple issues|
{{BLP primary sources|date=December 2021}}
{{Notability|Biography|date=January 2022}}
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| name = Nizar Assaad
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| native_name = نزار أسعد
| native_name_lang = Arabic
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| birth_date = {{Birth year and age|1948}}
| birth_place = Syria
| nationality = Canadian
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| occupation = Businessman
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| organization = LEAD Contracting & Treading Ltd. (former founder and chairman)
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Nizar Assaad ({{langx|ar|نزار أسعد}}) is a Canadian construction engineer of Syrian origin residing in Beirut, Lebanon and Dubai, UAE. He was the Founder and Chairman of LEAD Contracting & Treading Ltd until his retirement in March 2020.{{Cite web|title=Lead official website|url=https://lead-ae.com/Announcements/Details?id=Chairman-to-Retire|access-date=2022-01-08|website=lead-ae.com}}
Biography
Assaad was born in Syria in 1948. He was the Founder and Chairman of LEAD Contracting & Treading Ltd until his retirement in March 2020.
LEAD specializes in building infrastructure of oil and gas. This includes treatment plants, power plants, pipelines and other oil and gas and petrochemical facilities, with strong expertise in electro-mechanical construction services and large-scale civil construction and engineering projects. The company is registered in Jebel Ali Free Zone in UAE.{{Cite web|title=Lead official website|url=https://lead-ae.com/About/Details?id=dfe59da3-9a19-4d09-8ba7-b3ebd0670f26|access-date=2022-01-08|website=lead-ae.com}}
In 2023, the EU lifted sanctions against Nizar Assaad. The General Court of the EU ruled that the sanctions were not factually justified and breached general principles of EU law.{{Cite web |last= |first= |date=2023-12-18 |title=EU Council reimburses Nizar Assaad's legal costs after EU Court annuls unlawful sanctions |url=https://www.eureporter.co/politics/european-council/2023/12/18/eu-council-reimburses-nizar-assaads-legal-costs-after-eu-court-annuls-unlawful-sanctions/ |access-date=2025-05-28 |website=EU Reporter |language=en-GB}}
Personal life
He has been residing between Beirut and Dubai since late 2011. He is married and has four children.