As Oman continues to grow as a world class capital of business and finance new methods of ranking the best businesses are being established to help investors and businessmen make their crucial financial decisions.
One such important innovation is the upcoming awards ceremony sponsored by the Alam al-Iktisaad Wal A’mal (AIWA.) The awards ceremony will recognize Oman’s highest achievers in the business world.
The event is going to be highly publicized, targeting the very top echelons of the Arabic speaking business community in the Sultanate of Oman. New indicators are being established for the industry, and for the first time Omani corporations will be singled out according to qualitative indicators of performance. Performance was assessed using a transparent survey according to the highest of international standards.
Alam al-Iktisaad Wal A’mal (AIWA) is Oman’s leading Arabic monthly business magazine, and is published by United Media Services, (UMS.)
Ceremony at Al Bustan Palace
The event, billed in English as “Awards for Oman’s Best Performing Companies” will take place at the Al Bustan Palace on May 30, 2011. Oman’s minister of commerce and industry, HE Sheikh Sa’ad bin Mohammed al Mardhoof al Sa’adi, will be the guest of honor at the awards.
It is expected that the event will be attended by the most influential of Muscat’s corporate businessmen, offering all those interested a remarkable chance for networking among Oman’s best and brightest. Predictions estimate about 250 of Oman’s top business leaders, senior government officials and CEOs from a wide variety of ministries, business sectors and government agencies.
Pinnacle of Performance Awarded
In addition to AIWA there are several finance companies sponsoring the awards event, including Muscat Securities Market (MSM) and Gulf Baader Capital Markets SAOC (GBCM.)
“Achieving the pinnacle of corporate performance is the dream of every CEO. But very few CEOs manage to convert their dream into a reality. Alam al-Iktisaad Wal A’mal Awards for Oman’s Best Performing Companies endeavors to recognize and celebrate the excellent performance of the listed companies who have made it to the top,” says Sandeep Sehgal, CE of UMS.
A total of 15 awards will be distributed to Oman’s top ranking companies. AIWA will also recognize two of Omani’s most successful citizens who have shown outstanding achievement in business and economic growth. The two awards for individuals will be in the categories of AIWA Global Omani of the Year and AIWA Life Time Achievement.