Al Qudra Holding looks to build efficiency through using Microsoft Business Solution Navision, implemented by Columbus IT Middle East

Abu Dhabi, July 9, 2006: Al Qudra Holding, the leading general investment company, announced plans to implement and operate Microsoft Navision across the growing investment institution. Partnering with the largest Microsoft Business Solutions partner, Columbus IT Middle East, Al Qudra Holding plans to use the rich functionality and competence of Navision Version 4 to enhance operational capabilities in servicing traders and investors at the Abu Dhabi Securities Market (ADSM) and the Dubai Financial Market (DFM).

"With the implementation of this new software, we aim to harness the full potential of the Enterprise Resource Planning solution and enable our subsidiaries and business units to achieve our vision of being the leading investment company in the region," said Eng. Salah Salem bin Omeir Al Shamsi, Chairman, Al Qudra Holding. "We have undergone various tests and analysis for Navision and we are confident that their solution best suits the advancements taking place in our organization."

"It has been a great pleasure to sign up with Al Qudra Holding for the implementation of our Navision-based vertical solution for the asset management industry. Through this unique ERP implementation, we will deliver an ERP system focusing on the critical needs of asset management and treasury management-related financial services. Using the open source flexibility offered by Navision, the current project will meet the operational needs at Al Qudra while integrating with the back-office as well. The industry solution from Columbus IT will definitely provide Al Qudra with a competitive edge through advanced forecasting and reporting options," said Manjeet Singh, Regional Manager, Columbus IT Middle East.

Al Qudra Holding aims to maintain its standards of adopting state of the art technologies to assist in the rapid flow of business that is fueling the company's growth. Al Qudra Holding's recently relocated to the Meena Towers in Meena Road, Abu Dhabi, a contemporary office venue equipped with high-tech conference rooms.

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About Al Qudra Holding
Al Qudra Holding was established in May 2005 with a capital of AED 550 Million. Today, the company has become the 'mother company' of a large group of specialized subsidiaries that operate under its umbrella in important sectors of the country's education, tourism, industry, energy, infrastructure development, sports management and the entertainment industry to name a few.

The company is considered the ideal strategic partner for many leading regional companies looking into investments in the United Arab Emirates, and Abu Dhabi in particular. This was achieved through the trust, expertise and competencies that the company has acquired through the foundation of projects, investment strategies and companies that cover a wide range of sectors of development, thus attracting strategic and specialized partners in all fields.

About Columbus IT
Columbus IT is a global technology consulting company, specializing in implementing ERP, BI and CRM systems. The company's industry specializations include retail, manufacturing, distribution, and professional service with over 5000 implementations. Further, Columbus IT is the most experienced company in the world for Microsoft Business Solutions implementation and support, with over 900 employees who speak 22 languages in over 27 offices around the world, and customers in 57 countries.

For more information please contact:
Sama Alaghbar
Senior PR Account Executive
Viola Advertising & Public Relations
T: 02 644 9444
F: 02 645 1199
Email: sama@viola.ae

© Press Release 2006