Arabtec Construction LLC, a subsidiary of Arabtec Holding PJSC, was announced as a winner of the prestigious Mohammed Bin Rashid Al Maktoum Business Award, in the Construction Category.
The company received the award at the award presentation ceremony, which was held last Tuesday, March 4, under the patronage of Sheikh Ahmad Bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority, and Chairman and Chief Executive of Emirates Group.
This third round of the awards presentation was a grand event, attended by VIPs, local and foreign dignitaries, Ministers and heads of Government Departments, representatives of business councils and trade centers, as well as a large number of businessmen and members of the media.
Commenting on this occasion, Sheikh Butti Bin Maktoom Bin Juma Al Maktoum, the Chairman of Arabtec Holding PJSC, said: “This award complements many awards and achievements in Arabtec history. We view this particular award as a great honour and a significant milestone for Arabtec. The Mohammed Bin Rashid Al Maktoum Business Award is a prestigious award that has special value for us as a UAE company, and it shows recognition for Arabtec’s employees and Arabtec‘s on-going commitment to achieve excellence in our performance and maintaining our leading position in the market.”
Arabtec has been nominated by the judging panel amongst 209 of top companies which are candidates for the award in different categories. The selection was based on the Business High Performance Model which was developed by the Dubai Chamber and covers issues related to the management and performance of the firms
Arabtec is the leading contractor in the Middle East and the largest UAE construction firm by market value. The company has held the strongest market presence over the last three years, despite the soaring competition among key players.