Arabian Business Awards 2005: Man of the Year

HIS HIGHNESS Sheikh Mohammed Bin Zayed Al Nahyan was presented with the ‘Man of the Year’ award at the Arabian Business Awards ceremony last week. The Sheikh was chosen for his outstanding leadership as Abu Dhabi’s Crown Prince and Deputy Supreme Commander of the Armed Forces.

  • E-Mail
By  Arabian Business staff Published  November 13, 2005

Arabian Business Awards 2005: Man of the Year|~|MAN-OTY-200.jpg|~|(L-R) Sheikh Mohammed Bin Zayed, Sheikh Mohammed Bin Rashid and ITP CEO Walid Akawi. |~|HIS HIGHNESS Sheikh Mohammed Bin Zayed Al Nahyan was presented with the ‘Man of the Year’ award at the Arabian Business Awards ceremony last week. The Sheikh was chosen for his outstanding leadership as Abu Dhabi’s Crown Prince and Deputy Supreme Commander of the Armed Forces. The ceremony took place at Dubai’s Jumeirah Beach Hotel, and the event was held under the patronage and presence of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai and UAE Minister of Defence. The Arabian Business Awards are now in their fifth consecutive year, and were sponsored by Etisalat. Sheikh Mohammed Bin Rashid Al Maktoum has attended the event for several years, presenting awards to prominent Arab leaders. These have included H.H. Prince Al Waleed Bin Talal, H.H. King Abdullah II of Jordan and H.M. King Mohammed VI of Morocco. This year’s winner of the ‘Man of the Year’ award, Sheikh Mohammed Bin Zayed Al Nahyan, became Abu Dhabi’s Crown Prince in November 2004. He was appointed Deputy Supreme Commander of the UAE Armed Forces in January of this year. Since December 2004, he has also been Chairman of the Abu Dhabi Executive Council. Sheikh Mohammed has held many positions of authority and draws upon wide-ranging experiences. In January 1993, he was appointed Chief-of-Staff of the UAE Armed Forces and held the rank of Lieutenant-General from January 24, 1994 to January 2005, when he was promoted to full General. On November 30, 2003, he was appointed Deputy Crown Prince of Abu Dhabi. On January 6, 2004, the Sheikh was appointed Deputy Chairman of the Abu Dhabi Executive Council. His military experience has included the command of an armour troop, a Gazelle helicopter squadron, the Air School and Air College, and he has held the posts of Commander of the UAE Air Forces and Air Defence, Deputy Chief-of-Staff of the UAE Armed Forces, and Chief-of-Staff of the UAE Armed Forces. In addition to his military role, Sheikh Mohammed is also heavily involved in the social and economic development of Abu Dhabi and the UAE as a whole. For example, he was behind the establishment of a group of investment bodies, including the Abu Dhabi Investment Authority, which manages an estimated US$150 billion in overseas projects. Abu Dhabi’s investments abroad are critical in the diversification of the emirate’s economy away from oil. A recent, high-profile example was the Mubadala Development Company’s purchase of a 5% stake in luxury car maker, Ferrari. Mubadala is wholly owned by the Abu Dhabi Government, and chaired by Sheikh Mohammed. He has also been the driving force behind other diversification programmes, including the establishment of real estate and tourism development companies. Alongside that work, the Sheikh recently extended the reach of the Abu Dhabi National Oil Company (ADNOC) into East Asia and signed the Dolphin agreement — the Middle East’s first major cross-border gas pipeline venture. He has also worked tirelessly to improve the rights of women in business — in August, for example, female entrepreneurs in Abu Dhabi were granted commercial licenses to develop small and medium-sized projects. The Arabian Business Awards are given in recognition of outstanding achievement, by a panel of distinguished judges. Beginning next week, we will publish extended profiles of this year’s other winners. ||**||

Add a Comment

Your display name This field is mandatory

Your e-mail address This field is mandatory (Your e-mail address won't be published)

Security code