Best managed companies in the Middle East 2011: Transparency key to success

In a region traditionally renowned for its political and economic opacity, companies with a deep understanding of their customers and good corporate governance top Euromoney’s survey of the best-managed companies in the Middle East this year. Kanika Saigal reports.

Transparency key to success
Overall results
Methodology

UNDERSTANDING CUSTOMERS AND transparency is fundamental to successful management in the Middle East. Companies that scored the highest in Euromoney’s recent survey of the best-managed firms in the Middle East were not just the traditionally successful oil companies. Indeed, understanding the regional market during a period of great political change has been essential to success in the Middle East within all sectors.

Sabic, the most profitable industrial conglomerate and winner in the oil and natural gas section of the survey, is one such example here.

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