Candidates were evaluated based on criteria including exceptional business acumen and performance

United Arab Emirates, Dubai, April 06, 2016: Under the patronage of the Dubai Economic Council, Top CEO Awards 2016 announced the winners of its second edition during an awards ceremony that was held on April 5 at the Westin Dubai Mina Seyahi.

As the definitive platform for the recognition of exceptional business leadership of CEOs in the GCC, the flagship event focused on recognizing the top industry leaders from companies listed on GCC stock exchanges across different categories. In addition, the 100 best-performing companies and CEOs were also announced during the awards ceremony.

The list of winners included high-profile business industry leaders from across the GCC including Mr.  Bassel Gamal from Qatar Islamic Bank SAQ, Mr. Ali Mohammed Ali Al-Obaidli from Ezdan Holding Group, Mr. Nasser Abdulrahman Rafi from Emaar Malls Group, Mr. Khalil Ismaeel Al Meer from Khaleeji Commercial Bank and Mr. Ibrahim A. Al Omar from Bahri.

“We are pleased to honor some of the region’s Top CEOs for their skills and foresight by granting these awards,” says Julien Hawari, Co-CEO at Mediaquest, the media company organizing the event. “TRENDS and INSEAD’s transparent and stringent selection process and open evaluation procedures make Top CEO the foremost leadership awards program in the region and a benchmark for business heads and their companies,” he adds.

The awards were bestowed after a rigorous assessment procedure and candidates were evaluated based on criteria including exceptional business acumen and performance. Top CEO continues to set the standard for business awards programs in the region by honoring only leaders from publicly listed companies. TRENDS magazine worked with INSEAD to make sure that the ranking formula is accurate and with Hawkamah to ensure that corporate governance is part of the overall ranking.

The awards are presented following an analysis of the financial statements of these companies, with the assessment process being fully audited to ensure that corporate governance and transparency form part of the overall ranking.
This event is held under the sponsorship of Dewitt, JAGUAR, DHL, Deloitte, HP and INTEL. The event’s content partners are Hawkamah and Pearl Initiative, while the broadcast partner is Sky News Arabia and the media partner is Al Rai.