KAEC’s group CEO honored at Business leadership forum

Updated 05 January 2015
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KAEC’s group CEO honored at Business leadership forum

Fahd Al-Rasheed, group CEO and managing director of King Abdullah Economic City (KAEC), was presented with the Trailblazer of the Year Award at the Asian Business Leadership Forum (ABLF) in Dubai.
It was held with the support of Sheikh Nahayan Mabarak Al-Nahayan, minister of culture, youth and community development, UAE.
 The ABLF brought together prominent leaders, policy-makers, academia, media and opinion leaders of core industries from across the Middle East and Asia to discuss progress, developments and trends across a wide range of sectors under the theme “Asia Rising: Sustainable Leadership and Development in the 21st Century.”
The ABLF Awards are a highlight of the event and are presented for nine categories, in which the Trailblazer of the Year Award is given for the most impressive individual who had secured a leading position at the vanguard of the world of business achievers with an unprecedented record of powerful, original and innovative business strategies.
Some of the other notable ABLF Award winners this year were Sheikha Fatima bint Mubarak “Umm Al Emarat”, Reem Al-Hashmy, UAE minister of trade in the cabinet, Abdul Aziz Al-Ghurair, CEO and director, Mashreq Bank and R. Seetharaman, group CEO of Doha Bank.
The ABLF awards were presented by H.E Sultan bin Saeed Al Mansouri, UAE Minister of Economy.
The selection criteria for the Trailblazer Award also require that the winner embodies immense talent and has achieved a meteoric rise that is a testament to quality and excellence.
The winner is also recognized for sparking a trend with a successful business model that has been an inspiration for others to follow.


Huawei honored for CSR initiatives

King Salman with Charles Yang, president of Huawei Middle East.
Updated 18 November 2018
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Huawei honored for CSR initiatives

Huawei, a global provider of ICT infrastructure and smart devices, has won first prize of the King Khalid Responsible Competitiveness Award. This announcement was made during the annual awards gala, which took place on Nov. 12 at Al-Faisaliah Hotel in Riyadh. During the event, King Salman recognized Huawei for its excellent sustainability practices and responsible competitiveness leadership, as well as its management capabilities and innovative social and environmental initiatives. 

Launched in 2008, the King Khalid Responsible Competitiveness Award is the first and only award focused on responsible competitiveness and corporate social responsibility (CSR) in the Kingdom, and Huawei is the first ICT company to win first place in the award’s history. 

As digital transformation sweeps across the globe, ICT technologies like artificial intelligence (AI), Internet of Things (IoT), 5G, cloud computing and
more will unlock new values of growth and innovation and uplift societies and organizations to great heights of prosperity. 

The award recognized Huawei for its transformative impact in driving forward the Kingdom’s ICT sector as a whole in line with the government’s digitization goals, the National Transformation Program and Vision 2030. In particular, Huawei was celebrated for deploying their most advanced technologies, high-quality products and secured networks in the Kingdom.

Charles Yang, president of Huawei Middle East, said: “We are deeply humbled to receive such recognition from Saudi Arabia’s leadership. In the Kingdom, Huawei is determined to bring digital to every person, home and organization for a fully connected, intelligent world. The improvement is endless on the road to providing customers with high-quality products and services. Today’s award is a milestone for us to continue to surpass ourselves. We will continue to play an active role in driving Saudi Arabia’s ICT sector development and grow together with our local partners, openly collaborating to build an ever deeper pool of ICT talent empowered to enable digital transformation.”