Dubai, October 1st 2009: CORECAP is proud to announce that its Founder and Chief Executive Officer, Mr. Khaled Hassan Rashed has achieved the CEO of the Year - Entrepreneurship 2009 Award at ITP's CEO Middle East esteemed ceremony, held on Monday night at Grosvenor House. This recognition is a tribute to Mr. Rashed's impeccable entrepreneurial track record in the MENA financial sector.
The CEO Awards 2009 are an independent and prestigious endorsement of quality business professionals, companies and organizations and rewards industry leaders, high achievers and innovators. They are known as the most significant annual awards of recognition to CEO's and their companies within the Middle East Region. Mr. Rashed was one of 14 achievers of business excellence recognized this year, with nominees and winners chosen by ITP Executive Publishing Directors and Chief Editors.
While receiving the award, Mr. Rashed said, "I would like to thank ITP the organizers, for this award; it is an honor to be recognized for entrepreneurship in Dubai, "the land of entrepreneurs". It is a tribute to the Government of Dubai under the visionary leadership of His Highness Sheikh Mohammed bin Rashid al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai for building and nurturing the center of entrepreneurship in the Middle East. I would like to attribute this award to my family, our shareholders and directors and my team. Thanks to them, CORECAP has become a recognized entrepreneurial success".
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About CORECAP
CORECAP Limited is an alternative investment firm with operations in Dubai and Qatar focusing on the Middle East and Asia. CORECAP MERCHANT BANK LLC, the firm's financial arm, is amongst the first specialized private equity firms to be regulated by the Qatar Financial Centre Regulatory Authority. CORECAP's pioneering track record includes advising on the US$ 100M CERT, the first government venture capital fund in Abu Dhabi, structuring the US$ 150M world's first Sharia'a compliant mezzanine fund and deploying one of the Region's first event-driven hedge funds. CORECAP has been recognized as a New Champion by the World Economic Forum and selected as a member of the community of Global Growth Companies for its unprecedented growth, innovation and leadership. The founders have a long history of working together and a preeminent track record in the merchant banking domain in the Middle East. CORECAP's board of directors and management team combine over 270 years of investment experience in diversified industries across the region and have participated in some of the region's most innovative and sophisticated venture capital and private equity transactions.
© Press Release 2009
