wasl receives Tejari Appreciation Award for 2011

Press release
Published March 25th, 2012 - 06:33 GMT

During the event
During the event

wasl Asset Management Group, the largest real estate management company in Dubai, was recognised for its online procurement efforts by Tejari, the leading B2B online marketplace for emerging markets. In a ceremony held in wasl’s own Hyatt Regency Dubai, Suhail Al Banna, CEO of Tejari, presented wasl’s Head of Procurement, Ahmed Atiq Balhelli, the Tejari Commitment Appreciation award. The ceremony was attended by senior management members of both Tejari and wasl including Ahmed Al Sheryani, General Manager of Procurement and Administration at wasl and Ahmed Atiq Balhelli, Head of Procurement at wasl. 

wasl joined Tejari in 2010 and has played a vital role in encouraging its suppliers to join Tejari’s network where tenders are conducted in utmost transparency and efficiency. 

The award acknowledges wasl’s achievements in placing all major facility management (FM) and Information & Technology (IT) tenders online during 2011, which represented one of the highest numbers of FM-related tenders placed by a property management organisation through Tejari. wasl was also recognised for completing 30% of its total procurement operations through the Tejari e-sourcing technology. 

Balhelli said: “We are very pleased to have received this significant award and to have our pledge for transparency and excellence recognised. Tejari plays a vital role in revolutionising the region’s e-commerce industry. As Dubai’s leading and largest landlord, we strive to actively pave the way for commercial evolution and to raise the bar of the Emirate’s business environment, a mission evident in our standards and clearly supported by Tejari”. 

Al Banna said: “I would like to thank wasl for their support of the Tejari application system, and for their invaluable involvement and their feedback, which was deployed to better develop the e-sourcing technology.” 

The Tejari system used across all government departments and major semi-government organisations in the UAE is a mechanism to ensure accuracy of purchases and transactions. In addition, it is a time saving method that ensures speed and transparency for all transactions undertaken by the respective government authority.

Background Information

wasl Asset Management Group

wasl Asset Management Group, one of the largest real estate management companies in Dubai, was established by the Dubai Real Estate Corporation (DREC) to oversee the management of its assets and grow its real estate portfolio. 

wasl’s operations span various sectors; from residential and commercial properties, to industrial plots of land and from leisure and entertainment to hotels and serviced apartments.​​​​​​

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