Osama Ali and Omar Ali of Petra Engineering Industries Co. participate in EY World Entrepreneur Of The Year™ 2018 in Monaco

Petra Engineering Industries was founded in 1987 by Osama Ali with a singular vision: to produce high-quality HVAC equipment

  
Osama Ali and Omar Ali of Petra Engineering Industries Co. participate in EY World Entrepreneur Of The Year™ 2018 in Monaco

AMMAN: EY Jordan’s 2017 Entrepreneur Of The Year winners, Osama Ali and Omar Ali of Petra Engineering Industries Co., joined more than fifty EY Entrepreneur Of The Year country winners to compete for the title of EY World Entrepreneur Of The Year™ 2018 in Monaco.

The theme of this year’s Forum revolved around how the radical collision of industries is creating opportunities for entrepreneurs to reshape businesses in ways never before imagined. Entrepreneurs from 47 participating countries joined forward-thinking business leaders in an event that was both a celebration of entrepreneurship and an interactive program aimed at inspiring new ideas. The event helped the entrepreneurs build new connections with others from both within and outside their respective industries, and ended with the announcement of the EY World Entrepreneur of The Year 2018 Award winner.

Petra Engineering Industries Co. was founded in 1987 by Osama Ali with a singular vision: to produce high-quality HVAC equipment that meets a diverse range of application requirements, with the ultimate goal of expanding into major international markets. Over thirty years, Osama and his son Omar used shrewd business strategies to position Petra at the forefront of its respective sector, as a flourishing company recognized globally for its high-caliber products. The company employs more than 2,000 highly competent professionals, and has completed an expansion program of a production facility in the Governorate of Mafraq, Jordan and a new facility in Saudi Arabia.

Waddah Barkawi, Partner and Entrepreneur Of The Year Award Country Leader for EY Jordan, said,

“We are delighted to have our EY Jordan 2017 Entrepreneur Of The Year award winners, Osama and Omar Ali of Petra Engineering Industries Co., represent Jordan at the prestigious EY World Entrepreneur Of The Year 2018. This gives us the opportunity to showcase to the world our very own homegrown brand of innovation and ingenuity in business.”

“For over 31 years since the launch of the award, EY has contributed to nurturing an entrepreneurial environment worldwide by giving successful and creative entrepreneurs the recognition they deserve, all while inspiring new business leaders to pick up the mantle of their predecessors. Our aim is to continue to serve our global mission of building a better working world,” continued Waddah.

Finalists at the EY World Entrepreneur Of The Year were assessed by an independent panel of judges from around the world. The Award was granted based on six criteria, comprising entrepreneurial spirit, value creation, strategic direction, national and global impact, innovation and personal integrity/purpose-driven leadership.

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About EY World Entrepreneur Of The YearTM  

EY World Entrepreneur Of The Year is the world’s most prestigious business award for entrepreneurs. The award makes a difference through the way it encourages entrepreneurial activity among those with potential, and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 145 cities in more than 60 countries.

© Press Release 2018

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