September 2015

Abdallah Massaad Awarded Industry CEO of the Year by Arabian Business

Ras Al Khaimah, 16 September 2015

RAK Ceramics P.S.C. (Ticker: RAKCEC: ADX), a global hi-tech manufacturer of lifestyle ceramics solutions, is delighted to announce that Abdallah Massaad, the company’s Chief Executive Officer, has been awarded Industry CEO of the Year by Arabian Business publication. The award was presented to Mr. Massaad during the CEO Middle East Annual Awards 2015, which took place last night at the Intercontinental Hotel in Dubai.

The award recognises Mr. Massaad’s outstanding success in driving the company to new heights ever since he took over as CEO at RAK Ceramics in 2012. He has quickly earned the reputation as a pioneer in the global ceramics world, and continues to position RAK Ceramics as a premium international brand known for its innovative product range, technological advancement and high quality production.

Mr. Massaad spoke of the pillars of success, which revolve around ambition, vision and trust by the leadership of RAK Ceramics. He said: “in less than 20 years RAK Ceramics took fantastic strides and made it on the world map. To this day, the company continues to be upheld by these principles of success. We never settle for the status quo and always find a way to overcome obstacles that naturally block our path as a global company. Reputational capital is our true wealth and we will work hard on maintaining this. I would also like to take this opportunity to thank the whole RAK Ceramics team, as without their hard work and commitment, we would not have become the successful company we are today.”

RAK Ceramics remains vigilant for opportunities that maintain the position of RAK Ceramics as a global provider of lifestyle ceramics solutions and continuously increase capacity of the existing 117 million square metres of tiles, 4.6 million pieces of sanitaryware, and 24 million pieces of porcelain tableware, year on year.