du, the region’s fastest-growing telecommunications company, has been recognised by Forbes Middle East as one of the Arab World’s top 50 companies, ranked 47 out of 500. The announcement was made during Forbes Middle East Top 500 Companies in the Arab World 2014 VIP gala dinner and awards ceremony, held recently in Dubai.
Osman Sultan, CEO, du, received the honour. “It is an honour to receive such positive recognition, to be ranked so highly amongst the region’s leading companies. Since the launch of our services in 2007, we have been committed to adding life to life in the most innovative ways. We have several significant achievements and many ground-breaking first for the UAE, region and on a global scale, driving our company to be named one of the top 50 in the Arab World. This is a solid stepping stone on our journey to becoming a company that successfully marries sustainability with the realisation of our goals, in which our customers’ convenience and experience will continually be our highest priority.”
Forbes Middle East’s Top 500 Companies in the Arab World listing is based on the disclosed financial statements of publically-listed company for 2013. Ranking criteria takes into consideration total revenue, net profit, total assets and market capitalisation.