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WAM ABU DHABI: Abu Dhabi University is scheduled to host the "Top 100 Abu Dhabi Companies" ceremony on the 26th of January, to recognize the best companies throughout the Emirate ranked by market value, profits and total assets. Organized by "Alliance Capital" and in collaboration with Abu Dhabi Media as the strategic partner, the "Top 100 Abu Dhabi Companies" ceremony is part of the "Business in Abu Dhabi" initiative, and aims to recognize the cr?me de la cr?me of companies and businesses in Abu Dhabi from both the public and private sector based on their economic performance during 2011.



Commenting on the importance of this event, Dr. Terry Motiuk Vice Chancellor of Abu Dhabi University expressed the University's keenness in playing host to such a unique event, which will honor and recognize government, semi-government and private companies from different industries based on their 2011 annual reports in three categories; market value, totals assets and net profits. "As part of its strategic vision, Abu Dhabi University is always keen on establishing links with leading businesses and organizations from a wide range of industries including: health, petroleum, environment, tourism, hotels, banking, information technology, consulting and real estate, accounting, communications, engineering, commerce and many others. Honoring the top 100 Abu Dhabi Companies, is a great opportunity for us to look into prospects of joint collaboration with the candidates who will be acknowledged as industry leaders for their outstanding economic performance", added Dr. Motiuk.



Dr. Motiuk explained that as one of the only three Universities in the United Arab Emirates to enter the ranks of the world's top 550 universities in Quacquarelli Symonds (QS) world university rankings of 2012 -2013, Abu Dhabi University is committed to excellence and to contributing to the national development process which meets the needs and requirements of the policy agenda of the Government of Abu Dhabi and its economic vision 2030. He pointed out that this awards ceremony will enable us to honor companies and businesses that share the University's vision and play a positive role in the economic advancement of the Emirate of Abu Dhabi and contribute to national development.



On his part, Eisa Al Shamlan Chairman of "Alliance Capital Group" said: "We are planning to make The Top 100 Companies in Abu Dhabi initiative an annual event, which will enable us to increase categories of the competition. Participation to be considered among the list is free of charge and is open to Government, Semi-Government and private companies. Applicants should send us figures from their company's 2011 audit annual report specifying Market Value, Net Profit and Total Assets.



On the importance of highlighting the "Top 100 Abu Dhabi Companies", Mohamed Al Hammadi Director of Abu Dhabi Media's Public Service Department commented: "In line with our continuous support for the Abu Dhabi government and the Emirates' initiatives, Abu Dhabi Media is delighted to be the strategic partner for an initiative of such importance, set to recognize the excellence of Abu Dhabi's leading companies. Through our media arms, we aim to highlight these success stories to the public and provide them with an opportunity for exchange of expertise, knowledge and ideas".



WAM/MMYS



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