Happy New Year and warm greetings as we begin 2018!

Looking back at the world situation over the past twelve months, 2017 was a relatively stable year. However, geopolitical risks and global uncertainties increased. To this effect, our operating environment is expected to change dramatically over the coming years, but our overriding philosophy of placing clients at the heart of everything we do will remain unchanged. Diversity and inclusion of thought, skill, knowledge and culture make Suhail Al Mazroui Group more competitive, more resilient and better able to navigate the complex and constantly changing global energy business. Multiplicity strengthens us by promoting unique viewpoints and challenging each of us, every day, to think beyond our traditional frames of reference.

As a result of our prudent approach, we have grown steadily and remained resilient despite challenging market conditions. We have accomplished this through adapting to an evolving competitive landscape, relentless commitment to quality, and fiscal discipline, making impressive progress in a short period of time. Suhail Al Mazroui Group is committed to building a talented and diverse workforce, and to creating an environment in which every employee has the opportunity to excel based on his or her performance. These are the core principles upon which we have operated for many years.  

The global economy is expected to grow at 3.7 percent this year, similar to 2017 and it is my sincere hope that 2018 is the year of new accomplishments that prepare us for the next leap.  In addition, we need to go beyond the conventional model of business collaboration among affiliates. This means building a smart business model that can create new competitiveness by adding smart solutions to our existing expertise in all our business segments. We must strengthen our efforts to develop new business that enables the next leap for the Group’s future. 

In order to successfully achieve our 2018 goals, it is critical to establish an innovation-driven culture that is unique to Suhail Al Mazroui Group by developing fresh and creative ideas and continuously improving the way we work. Finally, we must ensure creativity in the way we work and pursue joint growth with our business partners and clients in the industry. 

I would like to urge all our employees to look above and beyond with an optimistic mindset and unique sense of pride and mission.

I wish you all great health, happiness, and prosperity.

Happy New Year. 

Rashed Suhail Helal Al Mazroui 

Group CEO