Ibrahim Khalaf & Sons Trading Co.
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Who went home happy? Read on to find out, as we profile the winners as well as the judges who selected the very best of the Gulf business community this year. Entrepreneur of the Year Sami Al Mufleh. This year's winner is a man who has managed to dominate the outdoor advertising market, by selling some of the largest outdoor signs in the world.
Sami Al Mufleh is the man who signed a major deal in Jordan to take over the outdoor advertising rights to an entire city, and this deal has added to his domination of the UAE market. His company - Hills Advertising - is now expanding across the Gulf, enjoying spectacular success and practically redefining the advertising industry in the region. It was the biggest ever deal of its type, as nobody has ever managed to buy the outdoor advertising rights to an entire city and is unlikely to ever do so again.
The Jordanian deal has been done in partnership with Aqaba, with the government taking a share of all future revenues. It will be the Cannes of the Middle East and it's not just a place where you go to the beach. It will be an amazing futuristic city that will be targeted by big multinationals and investors. It is this kind of strategic thinking that sets Al Mufleh ahead of the competition, and the very reason why he can count on clients such as the BurJuman mall, Nakheel and Jumeirah Beach Residence taking banners in London.
The stores have now replaced traditional expanded polystyrene trays with those made from PLA - an environmentally-friendly corn-based polymer. The biodegradable packaging decomposes in just weeks compared to years, or even centuries. The company is already the only chemical, pesticide and fertiliser-free food maker in the UAE, with over organic items now available across its chain of UAE stores.
The company is the only chemical, pesticide and fertiliser-free food maker in the UAE, with over organic items available in its UAE stores. Earlier this year, El Accad hit out at price dumping and the obstacles faced by smaller supermarket chains trying to expand in the UAE.
He said that larger chains have made lives harder for smaller rivals by using their financial might to sell products below cost and secure retail space with more ease at new developments. Our judges looked closely at a number of companies that have gone out of their way to devote a portion of their profits and time towards helping ordinary people in the Middle East.
There were many strong contenders, but the outright winner is Abdul Aziz Al Babtain, who has ibrahim khalaf and sons trading options a truly remarkable contribution - not just this year but over many years. Al Babtain owns many industrial and trading businesses and has cultural activities in many Arab and foreign countries. He is founder and co-founder of many councils and organisations in various fields, and the recipient of more than seven honorary Arab and foreign doctorates.
He has been awarded many decorations and medals from different governmental, academic and non- governmental institutions in recognition of his outstanding activities in supporting education, culture and Arab poetry through institutions he established and manages, including but not limited to The Abdul Aziz Saud Al Babtain Award Foundation for Poetic Creativity, The Al Babtain Central Library for Arab Poetry, the Al Babtain Centre for Intercultural Dialogue, the Al Babtain Translation Centre, and the Al Babtain Award for Andalusi studies, ibrahim khalaf and sons trading options addition to his patronage of academic delegations and chairs in Arab, Islamic and European universities.
On the business front, it has been a particularly big year for the Ibrahim khalaf and sons trading options Babtain Power and Telecommunication Company. It has been another great year for Emaar in terms of revenues and profits, and the on-schedule completion of several impressive projects. Most memorably of course, Emaar's Burj Dubai officially became the world's tallest building in Among Emaar's other notable projects are King Abdullah Economic City, the largest private sector investment in Saudi Arabia, and the Burj Dubai complex, which includes the eponymous tower.
Emaar is one of the world's largest property development companies and is rapidly evolving to become a global provider of premier lifestyles. Emaar, which has a strong presence in 36 markets globally, has also expanded into shopping malls in line with its Vision to become one of the most valuable companies ibrahim khalaf and sons trading options the world through a two-pronged approach of geographic expansion and business segmentation.
This year Deutsche Bank, through its global mutual fund arm DWS Investments, launched its first Sharia-compliant mutual fund capability. Initially, the range will be offered to retail and institutional investors in the UAE and Bahrain, with plans to expand the offering to other countries in MENA, Asia and Europe in Deutsche bank currently has employees in six countries in the Middle East and its commitment to the MENA region is over a century old.
Earlier inDeutsche Bank also announced that it plans to double the number of its employees in the Middle East over the coming two years. Jurgen Fitschen, global business head of the bank, said that he expects an increase in Middle East operations to reach the same level as South America. Deutsche bank currently has employees in six countries in the Middle East.
Its commitment in the MENA region is more than a century old, beginning with what is arguably one of the best-known events in economic history: Deutsche Bank opened its first office in Cairo infollowed in the early 70's by an office in Bahrain. InDeutsche Bank embarked on a regional expansion drive across the GCC which began with the opening of an office in Abu Dhabi infollowed by two offices in Dubai: The bank now ranks among the top two banks in Lebanon for all major ranking criteria assets, deposits, loans, shareholders' equity and profits.
Through a string of mergers and acquisitions and a dynamic expansionary policy over the years, Bank Audi sal - to give the firm's full incorporated title - now ranks among the top 20 five Arab banks for the same ranking criteria.
While the business focus remains universal banking, the push towards expanding its international operations is aimed at diversifying the asset base and earning streams within the geographic context.
Successive capital increases have significantly improved capitalisation and provided the resources for Bank Audi to continue consolidating its market position. It has maintained a presence in Switzerland for over a quarter of a century and is the largest Lebanese-owned banking institution in Switzerland, in terms of assets under management.
Professionals at Banque Audi Suisse are able to provide high net worth individuals and their families with the distinguished level of personalised service they expect, along with a full range of financial services.
The bank's philosophy is to increase its products and services sales, to boost its operating margins and to well manage its capital intensity ibrahim khalaf and sons trading options very strict control procedures. Bank Audi's chief ibrahim khalaf and sons trading options Abdo I Jeffy receives the award. Through a network of ibrahim khalaf and sons trading options distributors, Samsung MEA looks after the distribution of its digital devices across the Middle East and Africa.
The service facility has been functional for over a decade, and is among the largest within the GCC countries. It also saw over 20 new product launches in - including the region's first dual sim card mobile phone.
The regional office also houses the Customer Interaction Centre CIC and the Samsung service, part of the company's customer relationship management initiatives, which are designed to help understand customers' requirements and subsequently fulfill their expectations.
While other businesses in the region are well behind the trend in customer service - as a recent survey and anecdotal evidence revealed - Samsung has been a leader in ensuring satisfaction. By dialing the call centre, customers can avail assistance on different subjects, including obtaining product information, logging their feedback and seeking after-sales support. Furthermore, customers can offer suggestions on what additional features they would like to see in Samsung products, to ensure that upcoming products can be customised to include their wish list.
Telecommunications Company of the Year. With the arrival of competition in its main market, the United Arab Emirates, many telecom experts predicted that Etisalat's seemingly endless run of record profits ibrahim khalaf and sons trading options come to a screeching halt. The company's financials and growth in proved the analysts ibrahim khalaf and sons trading options.
Etisalat now boasts 6. This achievement has been accomplished through a combination of best-of-breed technology, a commitment to providing the best services, and the presence of a workforce with immense experience. Etisalat has played a major role at a regional level in terms of mobile services.
Today, its achievements have grown from being the first operator in the region to launch GSM mobile services into being the pioneer in launching 3G services in The company, with chairman Mohammad Omran at the helm is expanding internationally, as well as regionally. It currently operates in Pakistan and Indonesia, and has plans to enter Nigeria. Operating under the Mobily brand, the company embarked on a very aggressive rollout campaign, launching service in May By the end of the subscriber base stood at six million.
Mobily's network now covers all major cities and governorates in the Kingdom. Investcom Holdings, Etisalat, Orascom Telecom. Businessman of the Year. It is often said that the backbone of the UAE's economy is the family-owned business, so ibrahim khalaf and sons trading options is fitting that our Businessman of the Year rises from the region's economic backburner.
Khalaf Al Habtoor left his job with a local construction firm in and started his own company, Al Habtoor Engineering, the foundation of today's Al Habtoor Group. Today, Al Habtoor Group has grown with the UAE and is now internationally recognised through its construction, hotels, real estate, education, automobile distribution and leasing, and publishing.
It is one of the UAE's most successful and respected diversified business corporations operating across the Middle East and beyond. Ibrahim khalaf and sons trading options group's construction division, Al Habtoor Engineering Enterprises, has a rich portfolio having created some of world's most stunning landmarks such as the magnificent Burj Al Arab, the ultra modern Sheikh Rashid Terminal Concourse 1 and the multibillion-dollar construction of the new airport ibrahim khalaf and sons trading options.
Two major new projects - the Habtoor Grand Palm Jumeirah and a striking new storey Business Bay development will ibrahim khalaf and sons trading options added soon to the division's portfolio. The group, with Rashid Al Habtoor as one of the pillars of the family empire has shown phenomenal growth with profits up sevenfold in the last decade, revenues nearly tripled and staff up to more than 24, in The fund is intended to be deployed to usher the women of the UAE into a new era of business participation, deliver on a promise of extraordinary investment opportunities and business results for women across the region.
Ibrahim khalaf and sons trading options has obtained ibrahim khalaf and sons trading options MBA from the prestigious University of Chicago and was one of the first Emirati women to study abroad. The fund is intended to be deployed to usher the women of the UAE into a new era of business participation.
Her passion to further women development goals and their integration into the business world stems from the fact that women's participation in the booming UAE ibrahim khalaf and sons trading options has been limited. Forsa plans to ibrahim khalaf and sons trading options carefully aligned products and a focused commitment to building leadership pipeline, Forsa serves to ibrahim khalaf and sons trading options and broaden the participation of women locally, regionally and abroad. By providing a single integrated platform ibrahim khalaf and sons trading options allows women opportunities to invest, to be active business participants and to be trained in management, Forsa is the only company of its kind in the region.
The all-women board of directors offers a wealth of talent and experience with which to guide the company's initiatives and mentor aspiring businesswomen, and strategic partnerships with Nakheel and Istithmar grant Forsa priority access to pioneering real estate and investment initiatives with expedited deal flow.
Last month, Forsa announced the launch of a first-of-its-kind tailor-made programme, which brought together the Dubai-based investment company and renowned business school INSEAD to train businesswomen across the Middle East region.
Investment Bank of the Year. Investment Dar Since its inception inInvestment Dar with its chairman Adnan Al Musallam has pursued specialisation, selectivity, unique innovation and an on-going quest for development.
Under its umbrella are an integrated group of independent financial companies and establishments active in diverse economic sectors that include involvement in major financial activities such as finance, real estate, and investment. The company's success is built on a three-tier long-term strategy.
The first phase of the strategy saw Investment Dar engaged in all facets of consumer finance. In the second phase, Investment Dar developed its real estate investments and diversified its product offering. The third phase witnessed the restructuring of Investment Dar and the transformation of all its investment sectors into independent companies, as well as the establishment of new companies and the acquisition of companies engaged in various economic sectors.
On August 27,Investment Dar formally commenced business activities with investments in compliance with Islamic Sharia principles - making it one of the earlier trendsetters in the sector. On August 27,Investment Dar formally commenced business activities with investments in compliance with Islamic Sharia principles. It currently grants Sharia-compliant credit facilities to consumers; performs financial transactions, financial brokerage and trade in securities according to Islamic laws; incorporates and manage investment funds, develop clients' cash supply and has adopted Ijara Finance.
It was the first Islamic investment company in the GCC to specialise in consumer finance. Innovator of the Year. His role in the advancement and development of Arab media is undeniably remarkable. The rest was history; MBC has since become the largest media and entertainment group in the Middle East, reaching more than 75 million Arab viewers and listeners across the world.
Al Arabiya is among the most widely viewed news channels in the Arab world with an estimated 20 million viewers. Following 11 years of operating in London, MBC was attracted to the growing media hub of Dubai Media City that has become a centre for a variety of international news organisations. Al Arabiya was created as an alternative ibrahim khalaf and sons trading options Qatar's Al Jazeera in providing foreign news broadcasts. Despite the channel's coverage having been accused of being provocative by members of the Western media, Sheikh Walid's objective and belief has always been to found a channel that will move the Arab world a step closer towards freedom from repression and dictatorship in media.