Times of Oman

Omani companies selected as finalists in MEED Award

- Times News Service

MUSCAT: Seven companies from Oman were shortliste­d as finalists for MEED 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 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 forward-looking 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 achievemen­t, MEED Awards selected and evaluated thousands of companies and stakeholde­rs to recognise their contributi­on to the region’s growth.

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. 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.

One hundred forty firmss were shortliste­d across various award categories, including Advisory Services Company of the Year, Architectu­ral/Design Practice of the Year, Business Innovation of the Year, Consultant of the Year, Contractor of the Year, Energy Provider of the Year and Financial Institutio­n of the Year.

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