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Photos > In pictures: Winners of the Arabian Business Awards 2021
By Staff writer
Thu 27 Jan 2022 Thu 27 Jan 2022
Five Decades of Success
Banking: The winner’s roots date back to 1963 in that time has grown to hold assets of $190 billion, with 14 million customers in 13 countries. This home-grown UAE success story is Emirates NBD. Maurice Gravier, Chief Investment Officer at Emirates NBD, accepts the award.
Construction & Infrastructure: The winner in this category has delivered some of the most iconic and high-end projects in the UAE. According to the judges, this company has combined its 85-year legacy with commitment to contribute to the development of the construction sector in the country. The winner is Khansaheb.
Energy: Judges said the winner of the Energy category has fuelled the growth of the UAE and powered innovation not only in the nation, but across the global energy sector. The winner is ADNOC. Receiving the award in behalf of ADNOC is Matthew Amlot, Editor at Large, CEO Middle East.
Governance: Judges looked to the performance of the nation, a nation that is first globally in 152 development and economic indicators in 2022. The winner of this award had underpinned this success over the decades. And the job is not done, with a forward-looking vision to open the Emirates to the world. The winner is the UAE Ministry of Economy.
Logistics: Our winner is an icon in the industry, providing a competitive trading environment, we saw them show their connectivity and support for the global community with their quick activation and participation with the HOPE Consortium, providing humanitarian supplies to over 250 destinations around the world during the pandemic. The winner is AD Ports.
Retail: Since 1995, this winner has transformed the way that people shop, eat, rest, play and travel, and more recently where they live. It’s a huge journey that has expanded from shops to malls to cineplexes and more. The winner is Majid Al Futtaim. Receiving the award in behalf of MAF is Gavin Dickinson, Head of Revenue, ITP Media Group.
Real Estate: Judges hailed the legacy of the winner’s portfolio of iconic developments and communities, and its contribution in transforming the real estate sector in the UAE. Perhaps, if we glance up from this spot where the UAE was founded and look to the distance and see the Burj Khalifa it’s easy to understand how far the Emirates have come and why the worthy winner is Emaar. Emaar chairman Jamal Bin Thaniah receives the award.
Travel and Tourism: Judges again grappled with an incredible field of home-grown success stories, but in the end they could pick only one winner. A business that started in 1985 with just $10 million in seed funding it has since grown to ‘connect the world’ to Dubai and the UAE. The winner is Emirates Airline.
Science and Technology: Over the years, the winner of the Science and Technology award has demonstrated strong leadership and commitment towards accelerating digital transformation across multiple industries in the Middle East. As a testament to this dedication, it has launched cloud data centres in Dubai and Abu Dhabi to fuel job creation, entrepreneurship and economic growth across the UAE and the wider region. The winner is Microsoft. Roberto Croci, Managing Director – Microsoft for Startups MEA, receives the award.
Start-up: Judges were delighted with how strong the home-grown quality of this category which speaks to the innovation of the UAE. This also made it a hard choice, however the winner should be familiar to all. The winner, of course, is Careem.
Innovators of the Future
Banking: It was a difficult decision for the judges, but it was another home-grown UAE story which caught the judges’ eye, especially after a 2021 that saw them raise $15 million in a Series B led by Mubadala. The winner is Sarwa.
Construction & Infrastructure: This construction company stood out amongst our judges for its innovations in construction that has helped maintain a sustainable environment and highest quality of health and safety standards across its projects. The winner is ASGC.
Energy: The winner is a pioneer in renewable energy solutions and its drive for a cleaner energy mix that is also commercially viable has the potential to unlock the energy transition in the region and beyond. The winner is Masdar.
Governance: The winner led the way in the post-pandemic recovery, being the first in the world to return to global events, working with its sector to ensure the economic heart of its stakeholders began to beat again quickly. An integral part of Dubai’s 2040 plan, and a recent expansion of its mission, the winner is Dubai Tourism. Sultan Al Mteiri, Director of Business Stakeholders and Government Relations with Dubai Economy and Tourism, accepts the award.
Logistics: Judges said the winner seamlessly integrates AI into their decision making process, reducing human error and with a 98 percent success rate for first attempt delivery, AHOY is changing the landscape of Logistics. With over 500,000 deliveries this year alone, this once little known start-up is rethinking and reworking the supply chain. The winner is AHOY.
Retail: This home-grown success has exploded onto the online retail scene, expanding beyond its borders into Saudi Arabia in a few short years, growing its customer base to more than 4 million daily users. The winner is Noon.com.
Real Estate: Judges applauded this company for redefining real estate development in an emirate that is in the midst of a vast expansion. The winner is Arada.
Science and Technology: The winner has made significant strides toward driving the scientific and digital revolution in the UAE. Most recently, it played a crucial role in the historic Hope Probe – the nation’s first interplanetary mission. The worthy winner is AWS.
Start-up: The winner had an incredible 2021, achieving unicorn status after attracting $415 million in investment, and recently announced it was expanding out of the borders to Qatar and Bahrain. And this year it also has its eyes on Singapore and Malaysia. The winner is Kitopi.
Travel and Tourism: It’s perhaps fitting that the award goes to a marriage of international and local expertise, one that very much looks to the future. Visitors to the Expo 2020 may well have seen the simulators. And this year, the winner also launched a competition to inspire engineers of the future to imagine and create what the years ahead in the UAE could look like. Backed by its partnership with DP World, the winner is Virgin Hyperloop.
The Future Falcons winner: P4ML
The Future Falcons winner was also announced, with health tech start-up P4ML claiming a prize worth AED250,000 combining funding with mentoring and media services.
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