Al Qadi attributes the honour to management team's vision and commitment
Dubai, UAE, 8th November, 2012: HE Mohamed Sultan Al Qadi, MD & CEO of RAK Properties, was presented with the Forbes Middle East CEO award which recognizes the effort that the region's leading CEOs put into strengthening the financial performance of their respective sectors, as well as their own company's performance in good fiscal management over the past five years. The awards ceremony was hosted in Atlantis The Palm, recently, under the patronage and in presence of H.E. Eng. Sultan bin Saeed Al Mansoori, UAE Minister of Economy and the presence of H.E. Dr. Rashid Ahmad bin Fahad, the Minister of Environment and Water.
Forbes Middle East celebrated the success of top management executives and CEOs in the Arab World through the event. Mr. Al Qadi received the award based on his outstanding achievement in taking RAK Properties to a leadership position not only in the UAE but across the region. Al Qadi attributed this award to the management team of RAK Properties that has shown far-sighted vision and commitment to the execution of projects and plans.
Expressing his delight at winning this award, Al Qadi praised the forum for highlighting the leadership stories of the region and said it was a matter of pride that the success attained by RAK Properties is being noticed by business leaders and organizations in the MENA region.
Al Qadi has succeeded in adopting a smart and conservative supply strategy for RAK Properties while maintaining a flexible approach to growth and enhancing readiness for new phase of the company's development, while ensuring that supply is in tune with actual demand.
Al Qadi added that behind RAK Properties success is a great team that has made the company a leading real estate brand and created sub-brands to go under this solid corporate umbrella, including Mina Al Arab, Julfar Towers and RAK Tower.
Al Qadi said that forums like this one are important to share ideas and expertise as well as to showcase success stories and practices for the benefit of other organizations in the region.
The Forbes Middle East Forum presented an opportunity for industry leaders to look ahead to new inspirations and progressive ideas which could be leveraged for more effective leadership in their respective organisations.
This event which was supported by S P Jain School of Global Management and PBI Aqaba attracted over 350 C-suite executives, high net-worth individuals, government representatives and leaders from the Arab business world.
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© Press Release 2012
