Feb 13 2012 |
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Omani entrepreneur to be part of global award event
By Kaushalendra Singh MUSCAT -- Ernst & Young yesterday announced the finalists of the Omani 'Entrepreneur of the Year' (EOY) and 'Emerging Entrepreneur of the Year' awards. The winner of the 'Entrepreneur of the Year' award will be part of the global Ernst & Young Entrepreneur of the Year Award event to be held in Monte Carlo in June. There will be participants from not less than 50 countries at the world EOY event in Monte Carlo.The idea behind both the awards is to encourage young Omani entrepreneurs while giving global exposure to big business houses and recognition to emerging entrepreneurs for adopting good business practices and achieving success in their areas of business. The finalists were announced jointly by Ernst & Young's Sridhar Sridharan, Managing Partner; Rajiv Singh, Partner; and Nader Nasser Hamood al Rawahy, Associate Director Advisory Services and Head of Government and Public Sector.
The finalists in the Omani Entrepreneur of the Year Award are: Dr Mohammed al Barwani, Samir J Fancy, Hussain Salman al Lawati and Maqbool Hameed Mohd al Saleh. In the local award category for the Emerging Entrepreneur of the Year, there are three finalists: Jinesh Ashwin Dharamsey, Abdulla Ahmad Sulaiman al Hadi and Nabeel Abdullah al Riyami and Mohammed Said al Marjabi (as joint entry).
Deliberating upon the awards, Rajeev Singh said: "We are delighted to launch this global award programme for the first time in Oman, this year. Having launched this programme in the first week of January 2012, we are encouraged by the strong interest. The quality of applications received is really impressive, and strong testimony to the track record of entrepreneurs in Oman. I have no doubt that these awards will be closely contested between the finalists."
He elaborated that each finalist will be submitting a detailed Information Pack by the end of this month, which will be submitted to an independent panel of judges. After an initial evaluation of the Information Pack, the judges will meet the finalists briefly on the day of the gala award programme on March 17.
The award event will take place on the same day (March 17) at the Ritz Carlton Al Bustan Palace Hotel.
For over two decades the Ernst & Young Entrepreneur of the Year Award has celebrated entrepreneurship in all its forms, all over the world. It is one of the most prestigious global business awards and recognises the contribution of individuals who inspire others with their vision, leadership and achievements.
"The EOY award programme in Oman has been run at two levels, with one award each for the Entrepreneur of the Year and the Emerging Entrepreneur of the Year. The primary award, Entrepreneur of the Year, is for well-established individuals running successful companies. The winner in this category will be the Omani entry for the World Entrepreneur of the Year Award, in June 2012 at Monte Carlo. The Emerging Entrepreneur of the Year is a local competition restricted to Oman," said Sridharan.
Individuals who have best demonstrated entrepreneurial spirit, innovation and strategic vision are the finalists in both these competitions. Other criteria included financial performance, their impact on the local community and/or international arena as well as their personal integrity and influence.
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