Dr. Badr bin Hamoud Al Badr, CEO of Dur Hospitality, was ranked 65 on the list of top 100 CEO in the GCC for the year 2016. Organized by TRENDS magazine and INSEAD – international business school, Top CEO awards ceremony was held in Dubai in the presence of the region’s leading CEOs.
TOP CEO Award has stood out as a distinctive ceremony, as only the CEOs of listed GCC companies are evaluated. The awards are bestowed following an analysis of the financial statements of these companies, with the assessment process being fully audited and transparent. TRENDS magazine works with INSEAD to make sure that the ranking formula is accurate and with Hawkamah to ensure that corporate governance is part of the overall ranking.
To accurately and fairly judge leadership success for Top CEO, market reports are sourced from the GCC stock exchanges, with parameters including revenues, earnings per share, profits, EBITDA (earnings before interest, taxes, depreciation and amortization) and corporate governance (i.e. transparency, timely submission of financial reports and shareholder communication). The ranking is finalized using quantifiable statistics and figures that are readily available to external auditors
This award reflects the outstanding efforts of Dur Hospitality for elevating the hospitality industry in the Kingdom, and fulfilling its promises to its partners by being there preferred hospitality partner having outstanding local, regional and international experience in the field of developing operating and managing hotels. Dur Hospitality’s outstanding performance and effective contribution, have added to the growth of economic factors in the region, thus making it the focus of attention in the Saudi and the Gulf market.
