Mohammed Alshaya named Kuwait's businessman of the year for the second successive year

Arabian Business Awards recognise outstanding retail growth and dynamic business success of one of the largest groups across the Middle East

Kuwait, 08 June 2011 – Mohammed Alshaya, Executive Chairman of M.H. Alshaya Co., was last night named Businessman of the Year at the Arabian Business Kuwait Awards for the second year in a row, in recognition of his outstanding contribution to growth and innovation in the retail sector, and success in establishing one of the largest and most dynamic business groups in the Middle East.

Anil Bhoyrul, Editorial Director of ITP, the publishing house which organises the awards, says; “When it came to the award for Kuwait’s Businessman of the Year, there was only ever one winner. Mohammed Alshaya is not just a highly respected retailer but a true legend in the business world, who continues to show leadership, innovation and passion in every field of business.”

Mohammed Alshaya said, “I am honored to be selected for this prestigious award, even more so for the second time, but it is important to stress that this is a reflection of the hard work, dedication and loyalty of all of our staff who are the real contributors, day in and day out, to the success of the business. In the last year, we have focused on further expanding our business; adding new stores, new brands and creating new jobs. This remains our clear focus as we work to meet the growing demand for international brands from the region’s increasingly cosmopolitan and discerning customer base.”

In the first part of this year M.H. Alshaya Co. has introduced two new brands into the region; Shake Shack and Potbelly Sandwiches. It has also signed partnership agreements with further leading international brands including The Cheesecake Factory and Kidzania.

M.H. Alshaya Co. is one of the Middle East’s leading retailers and has built a business which owns and operates 2,000 franchise stores in 15 countries and employs more than 20,000 people from 80 nationalities.