Chairman of MAG Group Honoured with ABLF Business Excellence Award
November 25, 2017
The Chairman of the multinational conglomerate MAG Group, Mr. Moafaq Al Gaddah, has been honoured with the Asian Business Leadership Forum (ABLF) Business Excellence Award. The award was presented to Mr. Al Gaddah at the Armani Hotel in Dubai by His Highness Sheikh Nahayan Mabarak Al Nahayan, Minister of Tolerance, and His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority, Chairman and Chief Executive of the Emirates Airline and Group, and Chairman of Dubai Airports.
The ABLF Business Excellence Awards recognises and celebrates business leaders who take a holistic approach to propagating and sustaining business excellence and innovation to enhance the performance levels of their teams. Winners of the award are individuals who continually channel their energy toward creating outstanding work environments that promote commitment, reinforce best business practices, and consistently sharpen the skill sets of co-workers to ensure optimum utilisation of both human resource potential and opportunity capital.
Commenting on the award, Mr. Moafaq Al Gaddah said: “At MAG Group, we believe that our people are our greatest asset, and we make significant efforts to support their development, enhance their skills and make them the champions of our business vision. We also foster innovation among our team members as introducing new concepts is central to MAG’s value proposition. I am honoured to receive this award because it shows that we are succeeding in this area and giving our team and company what they need to thrive.”
Mr. Gaddah has taken the MAG Group from its humble beginnings to the giant empire it is today, driven by his entrepreneurial spirit and incredible foresight. Under his dynamic leadership and direction, MAG Group has diversified to all sectors of the economy, making it an integral force in the progress of the region. It now includes 50 companies employing over 2,000 people around the world. Mr. Al Gaddah attributes his success to hard work, perseverance and vision. It is also a result of his incredibly high ethical standards that is fully integrated into group and its stakeholders. Throughout its expansion and movement into new industry sectors, MAG Group has developed a reputation for integrity, transparency and financial probity in all its operations.
The ABLF, an influential business leadership event series held annually in the UAE, celebrated its 10th anniversary at its latest event, which brought together powerful influencers and global leaders who are invested in the future of Asia. The ABLF promotes corporate governance, excellence, innovation and social responsibility – all of which support an organic socio-economic transformation in Asia. The organisation is committed to upholding excellence, transparency, accountability, integrity, sustainability, innovation, philanthropy and entrepreneurship in the business world. Amongst the winners were at this year’s awards ceremony were: H.E. Dr Amal Abdullah Al Qubaisi, president and Speaker, Federal National Council, UAE, H.E. Dr Sultan Al Jaber, Minister of State, UAE and CEO, Abu Dhabi National Oil Company (ADNOC), H.E. Hussain Jassim Al Nowais, Chairman, Waha Capital and Chairman, Khalifa Fund for Enterprise Development, H.E. Majid Saif Al Ghurair, Chairman, Dubai Chamber of Commerce & Industry and H.E. Matter Mohammed Al Tayer, Director General, Chairman of the Board Of Executive Directors, Roads and Transport Authority – Dubai – The ABLF Outstanding Business Citizen Award.