Barwa wins Construction & Development Award

Press release
Published May 17th, 2012 - 04:56 GMT
Abdulla Abdulaziz Al Subaie, Barwa CEO receiving the award
Abdulla Abdulaziz Al Subaie, Barwa CEO receiving the award

Barwa Real Estate Group, one of Qatar’s leading international real estate and investment groups was named winner of the prestigious Organizational Leadership Award in the Construction & Development Sector and the group’s CEO, Abdulla Abdulaziz Al Subaie was named recipient of the high-profile Master Class CEO Award. The awards were presented to Mr. Al Subaie by His Excellency, Khalid bin Abdulllah Al-Khonji, Chairman of Oman Chamber of Commerce and Industry and President of the Federation of GCC Chambers and Industry, at the 3rd Middle East Business Leaders Summit & Awards 2012 on 15th May at the Armani Hotel – Burj Kalifa, Dubai, UAE. 

Al Subaie’s award comes in recognition of his exceptional executive efforts, as demonstrated in his leadership of SMEET, Qatar Rail and Barwa Real Estate group, which strives to contribute to the sustainable development of Qatar, through its business investments and development of iconic projects. 

Al Subaie commented, “We are honored to receive these awards, which are a testament to Barwa’s impressive growth over the last few years. The challenge for all organizations today is to welcome change and use it as a catalyst for being creative and proactive. To be successful, leaders must have an inspirational vision and should stimulate people to make it their vision too. This will create a climate and culture that supports strong team work and collaboration made up of people who think together to create innovative solutions. The fact that change is constant calls us to continuously create the future through anticipation, innovation, flexibility and excellence. When you understand how change works, you can chart the course you want to follow by evaluating where you are now, seeing where you want to go, and creating practical strategies for getting there. ” 

The 3rd Middle East Business Leaders Summit & Awards 2012 discussed the challenges faced by today’s organizations, whereby, Al Subaie conducted a presentation that touched on the latest developments in the business sector. He also highlighted the importance of teamwork in the development of communities, through concerted efforts that achieve sustainable development for Arab people. 

The summit provides a unique platform for the exchange of insight between decision-makers, executive leaders, dignitaries, officials and executives in the business sector, in addition, to regional and international organizations. 

The event aims to showcase best practices and strategic initiatives from market leaders, while enhancing the quality of human capital in institutions and the establishment of new human capital leadership. It also seeks to honor regional business leaders by awarding companies and individuals, in recognition of their contributions towards the continuous development of their organizations. In addition, to recognizing their contribution towards transforming the Middle East into a leading investment and business hub. The awards cover the GCC, Jordan, Egypt, Malaysia and ASEAN countries. 

With an ever expanding portfolio of projects, Barwa has built a solid track record of taking on major and complex domestic and international projects and completing them to the highest standards. Barwa's real estate portfolio currently includes iconic projects such as, the QAR 7 billion Barwa Commercial Avenue, a mixed-use development that runs along an 8.5km stretch of road; Barwa Al Sadd, a QAR 2.4 billion project that is considered one of Qatar’s major real estate developments, the project features three office towers, a five star hotel, a commercial center, three residential towers and ample parking spaces; Barwa Al Baraha, designed to be an integrated workers’ city, with facilities to accommodate 53,000 workers and employees, making it the largest workers’ accommodation in the Gulf; and Barwa Al Doha, a mixed-use development that covers an estimated built-up area of 324,000 square meters that is located on the intersection between Muntazah Street and Ahmed bin Mohamed Al Thani Street, in addition to other projects. 

Barwa Real Estate Group currently operates across 13 countries, including the UK, Turkey, Egypt, France and Russia.

Background Information

Barwa

Barwa's foundations were laid on 15 November 2005, when it obtained its commercial license. The group's name derives from an important principle in Qatar's commercial heritage - the concept of a reliable and trustworthy agreement or contract. These values form the core of our corporate personality. 
Since its establishment, Barwa has proven to be a dynamic and powerful contributor towards the development of Qatar. We seek to contribute to the government's over-arching development plan for Qatar as set out in the Qatar National Vision 2030 which has been launched and is being sponsored by His Highness Sheikh / Tamim bin Hamad Al Thani – The Emir.

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