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Expanded award categories and criteria
Dr Al-Qahtani stated that the Sharjah Public Finance Award has broadened participation opportunities at both the individual and institutional levels. This was achieved by expanding the award’s categories to 22 in total, with 11 dedicated to individuals and 11 to institutions. He noted that the initiative has led to tangible improvements in the performance of financial institutions across the region.
Encouraging regional competition
He further emphasized that over its three editions, the award has successfully fostered competition among Arab financial institutions, and expressed hope that this momentum would continue, reaching even more Arab nations in future editions.
Rigorous evaluation standards
Dr Al-Qahtani highlighted that the award employs precise evaluation standards to identify and recognize the best practices in financial management across the Arab world, thereby reinforcing its credibility and impact.