Source : Khaleej Times
Dubai - Feb. 28: His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, presented 'Mohammed bin Rashid Al Maktoum Business Award' to prominent Indian businessman Dr B R Shetty in Dubai on Tuesday.
His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, yesterday honoured 13 companies and establishments that won the Mohammed bin Rashid Al Maktoum (MRM) Business Award 2006.
Dubai Chamber of Commerce & Industry (DCCI) hosted the event for the second successive year in line with its strategy that aims at enhancing the business community competitiveness.
Obaid Humaid Al Tayer, Chairman of DCCI, in his welcoming speech talked about Dubai Strategic Plan that was announced by Shaikh Mohammed a few weeks ago.
He illustrated some aspects of the plan highlighting the developing economic infrastructure of the emirate which helped raise the real GDP in the past few years to rates higher than those recorded by the GCC countries, thanks to Dubai Government's support which underlined the emirate's excellent economic performance, as well as its effort in building an encouraging business environment, developing new economic sectors and continually reacting with the private sector.
"Coping with the perspectives of Dubai Strategic Plan, DCCI is ready to spare no effort for the sake of keeping Dubai's outstanding future on the track. In the line of its own strategy, DCCI will focus on the initiatives meant to develop business sectors and enhance its competitiveness in order to enable the private sector to cope with Dubai's future vision," said Al Tayer.
The award, he added, has reported a vast response from the UAE business communities, as the number of applicants increased by 50 per cent in the second session of the award in 2006, compared to 2005 when the award was first launched.
Sultan Saeed Al Mansoori, Chairman of the MRM Award's Panel of Judges, hailed the efforts of Dubai Chamber in extending the scope of the award to cover all the emirates. He stressed the importance of the award for covering the most significant economic sectors in the country and enabling the applying companies to learn about and benefit from the outstanding business practices of other companies, in addition to getting certified reports that identify the points of strength and the areas that need to be upgraded and developed in their companies.
The MRM Business Award 2006 ceremony was attended by a large number of economic figures and dignitaries, ministers, undersecretaries, ambassadors and consuls to the UAE, as well as heads of local government departments, members of Dubai's economic and executives councils, a number of DCCI Board of Directors, representatives of business councils and trading centres registered at the DCCI and a number of businessmen, CEOs and the media.
Al Futtaim Carillion, National Petroleum Construction Company and Dutco Balfour Beatty LLC bagged the award in the category for construction companies while Abu Dhabi Islamic Bank Emirates Bank and Oman Insurance Company won in the finance category.
The awards in the Manufacturing category went to The Gulf Pharmaceutical Industries, Neopharma, and National Four Mills. Awards in the manufacturing category (free zones) were presented to National Fire Fighting Manufacturing, Master Foods Middle East and Gulf Food Industries-California Garden.
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