CEO Middle East Magazine, part of the ITP Group today awarded Al Qudra Holding, one of the biggest investment companies in the region “The Outstanding Achievement Award 2007” in recognition of its major achievements in all its different subsidiaries, the diversity of its investments, rapid growth, and success attained in regional and international markets.
Every year, CEO Middle East Magazine’s awards for outstanding achievements are awarded to the top companies and CEO’s that have accomplished great milestones within the region. Winners are selected by an expert arbitration committee which consists of a number of specialized economic and media icons from various Arab and foreign countries.
Walid Akkawi, CEO of ITP said: “CEO Middle East Magazine is one of the leading business magazines in the region. It has gained this statue by comprehensively covering prominent CEOs as well as companies which have achieved significant milestones in key sectors. Without doubt, Al Qudra under the leadership of H.E. Eng. Salah Salem Bin Omeir Al Shamsi, has been able to gain a significant lead position in the Arab world through diversification and excellence of relevant projects. It is an award well deserved.”
The announcement was made during a gala dinner held by the magazine at
Madinat Jumeirah (Mina Salam) in Dubai. Commenting on the award, H.E. Eng. Salah Salem Bin Omeir Al Shamsi, Chairman and Managing Director of Al Qudra Holding said: “We would like to express our gratitude to ITP for this recognition. Al Qudra will continue to strive for excellence locally, regionally and internationally. The company was able to prove itself through a steady, sustainable and long term growth plan backed by milestone achievements.”
“From the beginning, Al Qudra Holding’s performance is tribute to a well-tailored growth plan. Our unique strategy is mirrored in our achievement. We have been able to expand throughout the Middle East and North Africa, continually proving our ability to innovate.” added Al Shamsi.
About Al Qudra Holding
Al Qudra Holding is the leading private joint stock investment company based in the United Arab Emirates. Established in May 2005 with a capital of AED 550 Millions increased subsequently to AED 600 Million, the company has focused on contributing to the development of the Emirates and has quickly become one of the fastest growing companies in terms of performance, as well as market capitalization.
Today the company has a large group of specialized subsidiaries that operate under its umbrella in important sectors such as education; tourism; industry; health care; agricultural, energy; infrastructure development; sports management and the entertainment industry. Furthermore, Al Qudra Holding has put forward unique investment opportunities and facilitated the development of various projects that meet the local and regional market needs.
The company is considered the ideal strategic partner for many leading regional companies looking to invest in the United Arab Emirates, and Abu Dhabi in particular. This has been achieved through the trust, expertise and competencies that the company has acquired through the successful foundation of project and investment strategies that have attracted strategic and specialized partners in all fields from across the globe. Al Qudra Holding is currently investing in the development of various projects in Morocco, Yemen, Algeria, and Senegal with future plans to invest in Egypt, and Syria and other international economies.
