GWC officials receiving 'Qatar Success Award', at the St. Regis Hotel in Doha yesterday.
GWC, Qatar’s leading logistics provider, was recognised as one of the top business leaders in Qatar during Forbes Middle East’s inaugural “Celebrating Qatar’s Success” event, held at the St. Regis Hotel Doha yesterday.
The “Celebrating Qatar’s Success” event shines a light on the top companies and individuals bringing continued success to Qatar, and the award list was constructed on the basis of assets, revenues, profits, and market capitalisation, with each of the criteria given equal weight.
GWC is among the top listed companies in Qatar, and the company’s achievements in developing the nation’s leading logistics infrastructure and providing fully-integrated supply chain solutions was highlighted at the event. During the award ceremony, Director of Public Relations Abdulaziz Mohammed Al Sahlawi received the award on behalf of the company.
“Qatar’s road to success, though challenging, lies in constantly reinvesting in our own people and infrastructure, while remaining constant and true to the values and aims stated in the Qatar National Vision 2030,” stated GWC Chairman Sheikh Abdullah bin Fahad bin Jassem bin Jabor Al Thani.
“Partnering with Qatar in its drive to become a sustainable and diverse economy is GWC’s reason for existence, with every aspect of our varied solutions, operations, and infrastructure conceived to make it a future-ready logistics powerhouse and give our nation a vital edge.”
GWC witnessed a year of achievement, as the company had registered an increase of 11 percent in its net profits in 2016. The company has maintained its growth by increasing its operational efficiencies, improving its profit margins, and actively seeking new revenue streams, drawing in gross revenues of QR849.5m at the end of 2016, representing 8 percent increase from QR787.9m in 2015. The company’s assets continued to develop, with the GWC Bu Sulba Warehousing Park, the first of the nation’s public-private partnerships to bear fruit, completing construction on schedule and with handover procedures in process.
“GWC is proud that, through the combination of our people’s efforts, our commitment to safety, and our development and implementation of the latest technology and industry standards, we as a collective group have been recognized as a contributor to Qatar’s success,” stated GWC Director of Public Relations Abdulaziz Mohammed Al Sahlawi.
