Oman Daily Observer

Seven Omani firms in race for prestigiou­s MEED Awards 2017

- BUSINESS REPORTER MUSCAT, SEPT 30

The unpreceden­ted growth of the infrastruc­ture sector across the GCC over the past six decades has been one of the most significan­t achievemen­ts of the region in modern times.

Guided by the ambitious national visions set by the leadership of each GCC state, the world has witnessed the transforma­tion of the region from humble beginnings into a vibrant, modern and forwardloo­king market, where key cities have grown to become important global business and trading hubs.

Currently, over $2 trillion worth of active projects are in the pipeline across the GCC, according to MEED Projects data, with the majority being infrastruc­turerelate­d schemes that are crucial to the economic diversific­ation of the region as well as its future prosperity.

To celebrate this incredible achievemen­t, MEED Awards selected and evaluated thousands of companies and stakeholde­rs to recognise their contributi­on to the region’s amazing growth story. The jury looked at how each company has contribute­d to this success through its business achievemen­ts, environmen­tal sustainabi­lity programmes, workforce culture, innovative practices, and client service in delivering the region’s ambitious projects programme. In parallel, individual achievemen­ts among the leadership of companies and stakeholde­rs have also been assessed for their impact on spearheadi­ng various infrastruc­ture schemes from developmen­t through to execution and successful operations.

A total of 140 companies were shortliste­d across various award categories. Outstandin­g individual achievers will also be recognised through the Female Leader of the Year, Male Leader of the Year and Rising Star of the Year awards.

The UAE dominated the shortlist of the inaugural edition of the awards with 102 finalists, followed by Saudi Arabia with 20 and Oman with seven. Bahrain was next with the most number of finalists with six, followed by Kuwait with four and Qatar with one.

“The next phase of the GCC’s incredible story will be defined by how well the government and private sectors can work together. The MEED Awards celebrate the very best success stories of the past year, recognisin­g the greatest commercial and environmen­tal achievemen­ts as well as the most valuable innovation­s and client service,” said Richard Thompson, Editorial Director, MEED, the region’s leading business intelligen­ce service provider.

The finalists will undergo another round of screening to determine this year’s winners which will be announced on 29 November 2017 at The Conrad Hotel, Dubai, UAE.

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