Business & Money | Monday 18 September, 2017 5:20 am |

CEO of MAG Property Development (MAG PD) Talal Moafaq Al Gaddah has been awarded the coveted ‘Young CEO of the Year’ title at the CEO Middle East Awards 2017, which recognises top CEOs that have delivered outstanding results and made a vital contribution to the vibrancy of business across the region. The award was presented during a ceremony that was hosted at the Four Seasons Hotel, Jumeirah Beach, and attended by senior level executives and local dignitaries from across the Middle East.

From thousands of applicants, Al Gaddah was selected by the expert panel of judges for his exceptional accomplishments with MAG PD, where he has been instrumental in building a real estate project portfolio that is now worth in excess of AED 10 billion. Al Gaddah’s instinctive experience of the property sector has allowed the company to identify strategic gaps in the market while also spearheading innovative new real estate concepts and an impressive series of firsts.

Talal Al Gaddah commented: “I am honoured to have been recognised at the CEO Middle East Awards 2017. Since I joined MAG PD, I have been driven by a mission to fuel the UAE’s real estate market by attracting customers with developments that carefully meet their needs and convert their dreams into reality. Receiving this award is above all a great motivator, as it confirms that with my ongoing efforts and dedication, MAG PD is succeeding in this mission.”

Under Al Gaddah’s stewardship, MAG PD became the first company in the region to address the need for wellness inspired housing via the formation of the MAG of Life division. The division’s MAG Creek Wellbeing Resort now stands as the first and only wellness inspired real estate project in the region, which is complemented by the world’s largest wellness centre – WorldCare Wellness Village. Another first is the unique set of projects offered under the MAG of Value division, which provides value homes that blend affordability and quality.

Al Gaddah’s long-term vision is to consolidate MAG PD’s position as one of the top five real estate developers in the UAE, with the ultimate goal of expanding internationally to the Far East, USA and Europe. Under his leadership, the company is well on its way to becoming one of the most respected and awarded real estate developers in the region.