Mohammed lauds private sector
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai attended an awards ceremony honouring private sector firms, held at the Madinat Jumeirah yesterday.
The Sheikh Mohammed bin Rashid Al Maktoum Business Awards were organised by the Dubai Chamber of Commerce and Industry. Sheikh Mohammed handed out the awards to about 18 companies and establishments, representing the industrial, financial services, construction and real estate sectors, among others.
On congratulating the winners, Sheikh Mohammed urged them to be more creative, stressing the vital role the private sector plays in boosting the national economy.
He added that the private sector complements the public sector, and acts as a major tributary to the development path.
Also present at the ceremony were Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai Deputy Ruler Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Chairman of the Mohammed Bin Rashid Al Maktoum Foundation Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, several sheikhs and senior officials.
Sultan bin Saeed Al Mansoori, Chairman of the MRM Awards Panel of Judges, praised the role of the award in the country's economic development and extended his deepest thanks to Dubai Chamber for initiating and sponsoring the award for the fourth year.
"The winners would be an example for others to follow as the participating firms will get accurate evaluation and feedback report on their performance and can come back for the award's next session with renewed zeal."
While welcoming the gathering, Abdul Rahman Al Ghurair, Chairman of Dubai Chamber, said: "The Award has acquired a massive importance due to its role in highlighting the best business practices and excellent performance of certain firms, and for appreciating its contribution to the national economy. Moreover, the Award enables the participating firms to get detailed evaluation and confidential feedback reports on the company's business performance and areas of strength and development, and that in itself is a good result and an opportunity to excel in the UAE business."
The number of participating companies over the years has been rising from 126 in the first year to 142 in the second, 209 in the third round and 234 in this fourth round of the awards.
The winners
Manufacturing
Dubai Aluminium Company, Dubai Cable Company and Al Khaleej Sugar
Finance
EmiratesNBD, Union National Bank, Sharjah Islamic Bank and Commercial Bank of Dubai
Re-export
Landmark Group
Construction
Al Shafar General Contracting Company and SS Lootah Contracting Company
Real estate
ETA Star Property Developer
Supply chain and logistics
Dubai Ports World, Al Islami Foods and Federal Express International (Dubai branch).
Corporate social responsibility
SS Lootah Contracting and Federal Express International (Dubai branch).
UAE free zones manufacturing
Unilever Gulf FZE and Eurocon Building Industries FZE
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