Ranked at 388 on this prestigious list, the announcement was made at the Forbes Middle East Top 500 Companies in the Arab World awards dinner held under the patronage of H.E Sheikh Nahayan Mabarak Al Nahayan, UAE Minister for Culture, Youth & Community Development, at The Ritz-Carlton Abu Dhabi, Grand Canal, on Tuesday, 14 May 2013.
Following a comprehensive analysis of the companies listed on the stock exchanges of 10 countries across the Middle East region, Forbes Middle East formulated the ranking of the leading public listed companies across all industries. The criteria for the selection process were set by independent financial experts that were based on financial statements for the year 2012 including profits, revenues, assets and market values.
The award was presented by H.E. Sheikh Nahyan Mubarak Al Nahyan, UAE Minister for Culture, Youth & Community Development, and received by Mr. Osama Abdeen, Chief Executive Officer of Abu Dhabi National Takaful Co. PSC.
Mr. Osama Abdeen, Chief Executive Officer of Abu Dhabi National Takaful P.S.C, commented, “This prestigious recognition by Forbes Middle East is a further proof of the success of Takaful’s business model. It is an honor for us to be acknowledged for our fast and sustainable growth. Having being listed on the Abu Dhabi Securities Exchange (ADX) in 2005, Abu Dhabi National Takaful has been recognized for its rapid & swift growth over the years in a short span of time and is now ranked among older well-established entities within the insurance sector.”
He said, “This achievement is a result of the invaluable support of our board of directors, the vision & leadership of our executive management team, the dedication & hard work of all Takaful employees and the confidence & loyalty of our valued customers and partners.”
Takaful received several accolades during the year 2012. It was recognized amongst the best insurance companies in the Middle East region, having ranked second in the list of “Top Executive Management in the Arab World in 2012″ within the insurance sector. In July, it was proclaimed as the ‘Best Bancatakaful Operator Middle East 2012’ at the International Takaful Awards 2012 held in London, United Kingdom. In October, Takaful was declared as the “Takaful Operator of the Year 2012” at the 9th INSUREX Middle East Insurance Awards held in Dubai, United Arab Emirates.
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