- The Group was selected as the Winner of the Middle East Procurement Team of 2024 category.
7 February 2024, Dubai, United Arab Emirates: Al Ghurair Investment, one of the leading diversified UAE family businesses, earned the coveted Middle East Procurement Team of 2024 title at the 2nd Middle East Procuretech Summit & Awards. This prestigious honour validates their bold approach to redefining the standard for the region's procurement sector through innovative and sustainable practices.
Al Ghurair Investment's journey to this accomplishment was fuelled by their commitment to embracing digital procurement solutions and their proactive efforts to implement international best practices, aiming for excellence in procurement. By harnessing the power of technology, they've consistently transformed challenges into opportunities, solidifying their position as a leader in innovative procurement practices.
The award was received by Stephen Rea, Chief Procurement Officer and Chief Enterprise Excellence Officer, Al Ghurair Investment, who remarked: “We are delighted to be recognised for our efforts in integrating procurement tech and innovation. It further strengthens our resolve to continuously redefine the standards for efficient, sustainable, and ethical procurement practices across the region."
The annual Middle East Procuretech Summit & Awards celebrate excellence in procurement, supply chain, and logistics across the region. This year's event took place on February 6th, 2024, at Grosvenor House in Dubai, and focused on Digital Procurement, offering a platform for industry discussions on topics such as Cloud procurement, E-Procurement Solutions, and Supplier Relationship Management (SRM).