1.1254878-3891505730
Shaikh Maktoum hands over the award to an Abu Dhabi Islamic Bank officlal. Image Credit: Ahmed Ramzan/Gulf News

Dubai: Shaikh Maktoum Bin Mhammad Bin Rashid Al Maktoum, Deputy Ruler of Dubai, on Wednesday announced the winners for the seventh round of the Shaikh Mohammad Bin Rashid Business Award.

The annual award, which organized by Dubai Chamber of commerce and Industry, went to 16 companies in the private and public sector for their outstanding performance in fostering growth and innovation and a culture of corporate social responsibility and excellence in the country.

Sultan Bin Saeed Al Mansouri, UAE Minister of Economy and Chairman of the Panel of Judges of the Award, stated that he has seen the growing importance of the Mohammad Bin Rashid Al Maktoum Business Award, which honours institutional performance and helps create a competitive business environment in the country.

“Over the years, the award has succeeded in instilling a culture of institutional excellence as it recognises outstanding business endeavours in the country and allows a wider section of companies and institutions to compete in the award and as emerge winners, while also showcasing the competitiveness of Dubai businesses to the world,” he said.

The top scores went to Dubai Carbon Centre of Excellence PJSC, Abu Dhabi Islamic Bank, DP World, Barakat Quality Plus LLC, Drydocks World, Al Mansoori Specialized Engineering (MSE), National Fire Fighting Manufacturing, Unilever Gulf, Intercoil International Co LLC, Procter & Gamble, Palm Utilities LLC, EPPCO Aviation, Pacific Control Systems LLC, Huawei Tech (UAE) FZ-LLC, Valtrans Transportation Systems and Services LLC and Eros Group.

DP World was recognized as the ‘Most Outstanding Performance’ in 2013 for demonstrating exceptional business performance in addition to its valuable contribution to the economic development of the country.

“We have a combination of all excellent business aspects including clear strategy and well trained team work,” said Mohammad Sharaf, Group CEO of DP World.

“This recognition is another push forward to our staff and businesses. Getting this award means more responsibility and extra work.”

Another winner, Marwarn Al Naqi, CEO of Palm Utilities, said: “This honor will escalate competitiveness and enhance our business development.”

Palm Utilities already implement an advanced business model in management, strategic planning, financial scheme, employment.

“However, we need more than this, he said, adding that to get this award you have to achieve excellence performance along all business aspects.

“Meeting the criterion of Shaikh Mohammad Bin Rashid Business Award was not an easy task as it is very demanding and comprehensive.”

For Hassan Al-Hazeem, MD of Intercoil, what is really matter is not just winning the award but the journey towards getting this recognition.

“Applying for this award was an added value journey for more experience and knowledge.”

Trying to meet the criterion for this award is very good self check as well as comprehensive assessment to the business performance,” he said.

“It is the first time we have applied for such a precious award in the business market. We thank God we got it.”

He said procedures for getting the award have helped his company to look at what they are doing, and what they need to develop and excel,” he added.

Zaid Alqufaidi, Managing Director-Marketing, Enoc, said that the awards is an acknowledgement for their efforts and the services they provides to businesses.

“The awards is not a local recognition but it is a business added value in the international market.”