Zamil Industrial Investment Company (ZIIC), an international manufacturing and fabrication group focused on growth segments of the global construction industry, has won the silver trophy in the ‘industrial’ category at this year’s UAE Web Awards for its ziic.com website. The awards recognize excellence in web design and development skills.
Said F. Al Daajani, Director of Corporate Communications and Investor Relations at ZIIC, accepted the award jointly with Arshad Mulla from BuzinessWare, the developers of the website, at a ceremony held on 9 December 2006 at Al-Bustan Rotana Hotel in Dubai, in the presence of dignitaries and senior government officials.
“At ZIIC we are committed to deploying the latest technologies and aligning them with our business strategies to ensure we create maximum value for our four group businesses. IT is a shared service function within ZIIC and is essential to our Group’s performance, and part of this includes our online presence. It is my pleasure to accept this award on behalf of ZIIC as this recognition underscores the successes we are achieving through our technology capabilities and, of course, also reflects the strong credentials of our Dubai-based developer, Buzinessware.”
There are five main objectives of the UAE Web Awards. These are to promote a spirit of innovation and creativity, raise the standards of web design and websites, advocate growth and development of local talent, promote intellectual property awareness, and encourage all sectors to become involved in the digital economy.
The criteria for the awards considered concept and creativity levels; technical, user and navigation friendliness; content and structure; visual design and aesthetics and interactivity. Judges comprised university professors and specialists who voted on the best websites according to international standards. The winners of the “UAE Web Awards” will compete with other winners from other Arab countries for the prestigious Pan Arab Web Awards competition.
This year’s Web Award adds to a growing number of accolades received by ZIIC’s IT function. These include acknowledgement in 2005 - for the second consecutive year - at the 25th GITEX exhibition in Dubai for the strategic role of ZIIC IT as an enabler of business needs. During the event ZIIC was recognized by the Arabian Technology Awards for “Outstanding Achievement in the use of IT in Manufacturing”.
About the UAE Web Awards
The UAE Web Awards serve as an inspiration, archive and at the same time rewards creators for their skills so that they continue to improve. The awards also promote the innovative spirit of web designers to meet professional and international standards, promote intellectual and production opportunities, and aim to develop an interactive proactive and reactive community that provides recognition in the most superlative way. Furthermore, UAE Web Awards are encouragement for all sectors to showcase their websites and be more involved in IT. Through UAE Web Awards participants have the opportunity to widen contacts and networks, foster co-operation, enhance knowledge, build capabilities and exchange information. The Awards are a platform for creative people to showcase their work and attain market recognition. More information is available at www.uaewebawards.org.
About Zamil Industrial Investment Company
Zamil Industrial Investment Company (ZIIC) was founded in 1998. It is headquartered in Dammam, Kingdom of Saudi Arabia, and employs more than 6,500 people in 55 countries. As an international manufacturing and fabrication group, it provides leading air conditioning, pre-engineered steel buildings, structural steel products, process equipment, transmission and telecommunications towers, open web joists and decks, architectural glass processing and fiberglass insulation solutions to meet the requirements of the global construction industry through its four sector businesses: Zamil Air Conditioners (www.zamilac.com), Zamil Steel Industries (www.zamilsteel.com), Zamil Glass Industries (www.zamilglass.com) and Arabian Fiberglass Insulation Co. Ltd. (www.afico.com.sa).
During the first nine months of 2006 net profit after Zakat contributions were SAR 154.7 million/USD 41.3 million, an increase of 76% over the same period in 2005. Total turnover was SAR 2.11 billion/USD 563.6 million, representing a 15.2% growth. Shareholders’ Equity also increased by 24.3% to SAR 709.4 million/USD 189.2 million. While Post Zakat Earnings Per Share as at end of September 2006 grew to SAR 3.44/USD 0.92. Total exports amounted to SAR 778.1 million/USD 207.5 million, representing 37% of turnover.
For the year ended 31 December 2005, ZIIC posted turnover of SAR 2.4 billion/USD 631.9 million, a growth of 20.5% over 2004, with net profit, after Zakat contribution, of SAR 106.4 million/USD 28.4 million. Post Zakat Earnings Per Share also grew by 51.6% to SAR 15.19/USD 4.05, up from SAR 10.02/USD 2.67 during the same period in 2004. Shareholders’ equity grew by 18.7% to SAR 587.5 million/USD 156.7 million. Export sales accounted for SAR 934 million/USD 249 million representing 39% of total revenues and 5% growth over 2004. ZIIC exports to more than 80 international markets.
ZIIC shares are actively traded on the Saudi Stock Market. More information can be found at www.ziic.com
