Ayed Al Qahtani, one of the most prominent businessmen and investors in real estate in Saudi Arabia, has been named Businessman of the Year at the annual Arabian Business Saudi Achievement Awards.
Held at the Intercontinental Hotel in Riyadh on Monday night, Kahtani was one of 12 award winners at the ceremony which hailed the achievements of businessmen and companies in the kingdom.
Al Kahtani, chairman of Sumou Holding, is also currently a member of the board of directors of the Chamber of Commerce in the eastern province.
Sumou Holding invests in existing companies in the MENA region. It also aims to establish new companies within a variety of sectors, including real estate, energy and financial services.
Last year the company launched the kingdom’s first Islamic Real Estate Investment Trust (REIT) in association with Geneva based Encore Management.
List of winners:
Technology Company of the YearApplied Technologies Company
Logistics Company of the Year The National Shipping Company of Saudi Arabia
Investment Bank of the YearFalcom Financial Services
Fastest Growing Company Construction Products Holding Company
Healthcare Company of the Year International Medical Centre
Best Industrial Company Saudi Ceramics
Best Residential DeveloperEwaan
Special CSR Award National Commercial Bank
Best in AviationNational Air Services
Hospitality Company of the YearAl Khozama Management
Telecom Company of the Year in customer serviceSaudi Telecom Company
Businessman of the Year Mr. Ayed Al KahtaniChairman Of Sumou Holding
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