One of the leading regional business titles, CEO Middle East, unveiled on Tuesday its annual list of the region's best performing executives. Nasser Hassan Al-Ansari, CEO of Qatari Diar Real Estate Investment Company, was a prominent name in the list recognized for his vision and leadership of Qatar's global real estate development company.
Chosen from companies headquartered in the GCC, the criteria used found the business leaders who had displayed outstanding qualities from a variety of fields.
The publication stated that "Qatari Diar has had an eventful year. The company has signed agreements to pursue development projects in Morocco and the Sudan and also managed to grab 13 acres of prime property space in central London's Chelsea district. Fully owned by the Qatar Financial Authority, the group's US$1bn capitalisation allows for a wealth of projects in the future."
Edward Poultney continues reporting that while the UAE led the list for the sheer breadth of candidates to choose from and Saudi Arabia put in an expectedly strong showing with some established regional giants, Qatar-based groups pushed the country to the fourth largest presence in the chart.
In a change from the 2006 list, the judges looked beyond share price increases to include growth, brand impact, diversification and expansion, project completion and newly-established companies.
The list also looks across industry sectors to gain a balanced insight into 2007's 'Who's Who' of the Gulf's corporate leadership.
Courting controversy, some of the companies who made the final cut are relatively new in the region, but their exceptional impact or growth over the past 12 months make the executives driving them forward worthy of inclusion.
Although it has only been established 3 years, Qatari Diar and its CEO have once again exceeded expectations and proved to be one of best performers in the entire region. Only this April under his leadership the company was also recognized as the 8th most admired company in the Gulf by Arabian Business Magazine.
Mr. Nasser Al Ansari commented "As a company we are proud to represent the people of Qatar and invest our country's resources to grow the wealth of Qatar whilst developing communities around the world. This is of course with the unlimited support and the wise leadership of HH Emir Sh. Hamad Bin Khalifa Al Thani. Moreover, our vision is to be the best in what we do and it is an honor that CEO Middle East Magazine has made this recognition."
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About Qatari Diar Real Estate Investment Company
Wholly owned by the Qatar Investment Authority, Qatari Diar Real Estate Investment Company was established in December 2004 to support Qatar's growing economy and to co-ordinate the country's real estate development priorities. Qatari Diar creates distinguished property developments with local culture and lifestyle experience to attract tourism and residents generating sustainable and tangible socio-economic benefits. Qatari Diar's vision is to become the most trusted and effective real estate investment company by focusing its value proposition on the creation of quality, well-planned and desirable sustained developments. Qatari Diar also provides local and foreign property developers with further opportunities to invest in numerous projects across the globe, including but not limited to Qatar, Morocco, Egypt and Europe.
For more information, please contact:
Nashwa El Darawy
Marketing Coordinator
Visitor Centre Building
Lusail
Doha, Qatar
Tel: + 974 497 4425
Fax: + 974 497 4333
Email: ndarawy@QatariDiar.com
Press Release 2007
