Ensuring a sustainable corporate future
Ali Zaid Al Quraishi & Brothers (AZAQ) has built an important legacy since its modest beginnings over 50 years ago. Moreover, the founders and management have always been cognizant of the fact that creating a success takes more than mere building, it takes the ability to preserve achievements and ensure continuity. Acting upon this understanding, in 2006, AZAQ successfully completed a handover from the first generation of founders to the second generation. The impact of such a handover was beyond continuity; it transformed the Group by rejuvenating the organization on strategic and operational levels.
Furthermore, continuity in AZAQ is synonymous with sustainability. It is a wide-reaching concept which ensures that the organization and decision making are not confined to narrow commercial targets and do not fall into short-termism. By acting sustainably, the Group’s commercial targets and good citizenship are well aligned for many years to come. At AZAQ, ethics, giving back to the community and preservation of the environment are core to its strategy, operations and corporate identity.