The traditional industry leaders and fast growing younger companies walked away as winners in the annual AIWA Awards for Best Performing Companies, held on August 28. This year marked the seventh edition of the annual AIWA Awards. Top five best performing companies, based on their performance on select seven financial parameters in the financial year 2016, were felicitated in three different categories – large cap, mid cap and small cap.
The red carpet awards ceremony was held at Hotel Sheraton Oman. HE Eng Ahmed bin Hassan al Dheeb, Undersecretary of the Ministry of Commerce and Industry, was the chief guest, for the evening. It was attended by over 150 industry leaders and senior bureaucrats.
Leading brands in the Sultanate had joined hands with Alam al-Iktisaad Wal A’mal (AIWA), the leading Arabic business publication from United Media Services, in bringing the AIWA Awards for Best Performing Companies to life. BMW and Voltamp were the associate partners; ACWA Power was the support partner for the event. Gulf Baader Capital Markets (GBCM) was the knowledge partner whereas KPMG was the validation partner for the ranking process used for the awards. Times of Oman and Al Shabiba were the media partners and Ruwi Modern Printers was the print partner.
In the large cap segment, Oman Flour Mills topped the list of winners. It was followed by four other winners including Shell Oman Marketing, Omantel, ACWA Power Barka and Ooredoo. In the mid cap segment, Oman United Insurance emerged on top. The other winners in the segment included Oman Investment & Finance, Voltamp Energy, Oman Orix Leasing and Muscat Finance. The small cap category had Oman Chromite taking up the pole position among the winners. Majan College, Sahara Hospitality, Port Services and National Detergent were the other winners in the small segment.
Furthermore, achievements that go beyond the balance sheet were also recognised through special awards. Eng. Hassan MJ Abduwani, CEO, Voltamp was felicitated with CEO of the Year Award. Excellence in SME Development Award was presented to SME Development Fund.
The Award for Economic Impact was presented to Port of Duqm. Omantel was felicitated with Award for CSR & Community Support Investments. The Award for Excellence in Corporate Leadership was presented to Bank Sohar. The Award for Excellence in Pioneering Technology & Innovation was given to Octal. National Training Institute (NTI) walked away with Award for Excellence in Promoting & Empowering National Talent.
In addition, the Retail Brand of the Year Award was presented to Home Centre-Landmark Group. The Best Eye Clinic of the Year Award went to Muscat Eye Laser Centre. And Footwear Company of the Year Award went to Al Khamis Shoes.
COMPLETE LIST OF WINNERS:
WINNERS OF AIWA’S BEST PERFORMING COMPANIES
|LARGE CAP||MID CAP||SMALL CAP|
|Oman Flour Mills
Shell Oman Marketing
ACWA Power Barka
|Oman United Insurance
Oman Investment & Finance
Oman Orix Leasing
WINNERS OF AIWA SPECIAL AWARDS:
CEO of the Year
Eng Hassan MJ Abduwani
Excellence in SME Development
SME Development Fund
Award for Economic Impact
Port of Duqm
Award for CSR & Community Support Investments
Excellence in Corporate Leadership
Excellence in Pioneering Technology & Innovation
Excellence in Promoting & Empowering National Talent
National Training Institute (NTI)
Retail Brand of the Year
Home Centre – Landmark Group
Best Eye Clinic of the Year
Muscat Eye Laser Centre
Footwear Company of the Year
Al Khamis Shoes