Mashreq celebrates the region’s construction leaders and best projects

Press release
Published May 24th, 2016 - 09:38 GMT

John Iossifidis, Head of Corporate & Investment Banking Group, Mashreq
John Iossifidis, Head of Corporate & Investment Banking Group, Mashreq

Mashreq, one of the UAE’s leading financial institutions, is sponsoring the MEED Construction Leadership Summit (MCLS) and MEED Quality Awards for Projects 2016 for the fourth consecutive year. This year’s event taking place in Dubai brings together industry leaders to debate the challenges and discuss solutions to maintain the performance of the industry.

Today, the GCC’s construction industry is a multi-billion dollar business; to pay tribute to its strategic importance for international competitiveness, Mashreq is a headline sponsor of the MEED Quality Awards for Projects 2016.

John Iossifidis, Head of Corporate & Investment Banking Group, Mashreq said: “We are proud to support the awards programme for the past four years now. The awards have definitely shed the spotlight not just on excellence and quality, but also on the award-winning projects’ valuable contribution to the economic development of the Region; and the long-term viability of the projects sector by sending a clear message to the market, that quality is essential in all parts of the project management process; from design planning to engineering and construction. We wish all participants all the very best.”

This year’s MEED Quality Awards for Projects ceremony, in association with Mashreq, a total of 50 projects from Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates were honored for their highest quality projects.

To work towards market equilibrium, Mashreq has continuously sponsored industry events which promote an open dialogue between thoughts leaders. The bank has worked with the MCLS organiser, MEED, on a number of previous conferences, including this year’s Arabian Hotel Investment Conference (AHIC). The MEED Construction Leadership Summit (MCLS) is the GCC’s premier summit and awards programme, connecting the region’s construction leaders, design consultants and clients behind the GCC’s multi-billion dollar construction industry. 

Background Information

Mashreq

Mashreq has provided banking and financial services to millions of customers and businesses since 1967.

We are one of UAE's leading financial institutions with a growing retail presence in the region including Egypt, Qatar, Kuwait and Bahrain. We focus on providing our customers access to a wide range of innovative products and services.

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