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Dubai / Emirates Business
MEED has announced this year’s finalists of the only recognition scheme honouring completed projects in the Gulf region. A total of 94 projects from Bahrain, Kuwait, Oman, Saudi Arabia and the United Arab Emirates are competing for honours in 16 different categories of the annual MEED Projects Awards, in association with Mashreq.
The UAE led the region with 54 finalists followed by Oman with 16 and Saudi Arabia with 12. Kuwait is next with nine and Bahrain with three.
“Across the region, contractors, consultants and suppliers alike are expecting a better year ahead due to improved oil prices and government reforms. As headline sponsor of the MEED Projects Awards, Mashreq is very proud to support the construction sector’s key stakeholders in being recognised for quality and success in their projects. We congratulate all the finalists for delivering and contributing towards the growth and sustainability of the industry,†said Mohammad Khader Al Shouli, Senior Vice President, Mashreq Bank.
UAE-based projects dominated several categories, including Commercial Project of the Year, Hotel Project of the Year, Leisure & Tourism Project of the Year, Residential Project of the Year and Retail Project of the Year which highlight the Emirates’ robust performance in these business sectors. The UAE was also the only country which had finalists in the Industrial Project of the Year category while also dominating the Sustainable Project of the Year, in association with Al Sahel Contracting.
“The 2018 awards programme saw a 24 percent increase in short-listed organisations compared to the 2017 edition, a testament to the quality of completed projects being delivered across the GCC,†said Becky Crayman, Programme Director, MEED.
After the initial round of reviews, where judges selected the finalists out of hundreds of entries, the GCC winners will be announced on May 2 at the Westin Mina Seyahi in Dubai at a gathering of the industry’s top leaders to celebrate the success and signification contributions of the region’s top-quality projects.