'Middle East Business Leaders Summit and Awards 2011' urges private sector to live up to challenges of recovering from downturn
Rapid population growth, the continued depletion of natural resources and the need to drive in economic development have been identified as the three biggest challenges that the Middle East and North African (MENA) region will be facing in the next ten years, according to My Events International, organizers of the Middle East Business Leaders Summit and Awards (MEBLSA) 2011. In line with this, the region's leading business leaders forum is calling on the local business community to live up to the challenges and demands brought about by current efforts in the move to recover from the recent economic downturn. The call is one of the many challenges that the forum is issuing to the region's industry and business leaders who will be attending the event, which will be held on April 17 to April 18, 2011, at the Armani Hotel, Burj Khalifa. The theme for this year's event is 'Thriving Leadership and Sustainability of Business in the Middle East' and will include key business networking sessions, presentations, and workshops aimed at promoting the adoption of best practices across various industry verticals and to help promote better leadership skills.
According to My Events International, the recent upturn has raised new ways of looking at leadership dynamics, capitalism and human resource management, which has altogether raised a series of challenges that the region should learn to address. These challenges include the pressure on resources brought about by the region's growing population and rapid economic development; the emergence of a new capitalist model; the need for more quality education and healthcare and the need to maintain and develop human capital. Recent studies have shown that the MENA region's population is posed to grow by 40 percent over the next two decades - highlighting an increased demand for education resources, healthcare services, water, sanitation services, housing, and energy.
"A fast growing population, the depletion of natural resources and the need to drive in more economic development are three of the top challenges that the MENA region will be facing in the next decade," said Shahul Hameed, Group Chief Executive Officer, My Events International. "In line with this, the Middle East Business Summit and Leaders Awards 2011, aims to provide the region's business leaders with key insights on how to face these challenges. We have invited some of the region's most distinguished business and thought leaders to lead and facilitate discussions that can address these challenges we have presented. Further, MEBLSA remains steadfast in its commitment to develop new ways of looking at leadership dynamics, the evolving nature of capitalism and human capital development."
One of the key concerns to be raised in the summit is the region's growing population and rapid economic development and the impact it has left on resources, which has so far led to socio - economic implications like the depletion of water supplies, environmental pollution and an increased demand for public services. Another challenge that will be addressed in the forum is the advent of a new capitalist shift, which shows the momentum being gained by public - private partnerships and corporate citizenship. In addition, other issues to be raised and discussed include the need to address the demand for more quality education in the region and the development and maintenance of human capital.
"The chief objective is to help in the development and training of the region's new breed of business leaders. In line with this, the forum is encouraging both the private and public sector to equip themselves with new technology, business strategies and programs as a means to be more globally competitive. We look forward to seeing increased participation in this year's edition of MEBSLA and help realize meet our objective of developing a stronger business community for the Middle East region, "concluded Shahul Hameed.
MEBLSA 2011 is firmly established as a strategic platform for the region's top corporate leaders and officials to discuss and share important and essential breakthroughs in today's business world. The event, which is now in its second year, also aims to facilitate the development of business leaders by providing opportunities for its members and guests. Attending the leaders forum will help create business advantages like learning best practices strategies and initiatives from outstanding practitioners in the market; increased quality of human capital in your organization or company and the creation of new human capital leadership, One of MEBSLA's main attractions is the Master Class and Organization Leadership Awards, which honors and pays tribute to the region's best business leaders. The awards aim to serve as a catalyst for the growth of new leaders and entrepreneurs to spur the industrial growth, apply best practices and to drive the region's economy. Previous winners have included Mohammad Hassan Omran, CEO, Etisalat; Osman Sultan, CEO, Du; Dr. Khater Massaad, CEO, RAK Ceramics; and Prabissh Thomas, Managing Director, PTL Solar.
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About MEBLSAMiddle East Business Leaders Summit and Awards (MEBLSA) is a standout event that recognizes and honours the achievements of Mid-East Asia's niche business visionaries and their contributions towards Arab Gulf region's economic region and also globally, through 30 different award categories. Established in 2010, the event serves as a platform for the members of business community to interact with each other, share their valuable experiences and provide insights into the business world. This year, it runs from 17-18 April in the Armani Hotel at Burj Khalifa, Dubai. The event is jointly organised by The Leaders International and Federation of GCC Chambers and endorsed by Dubai Chamber.
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© Press Release 2011
