Msheireb Properties awarded the international ISO 31000:2009 Risk Management Standard

Doha, Qatar; March 16, 2013: Msheireb Properties, a subsidiary of Qatar Foundation, hosted its 3rd annual Risk Management Forum in Doha at the Four Seasons hotel.

The theme of this year’s forum was Risk Management in Practice which involved taking a more in-depth look at the practical aspects of risk management while focusing on the global experience relevant to the Gulf region.

Attending the forum was a diverse mix of experts from a range of industries, such as auditors, consultants, engineers, contractors, healthcare and IT experts, oil & gas professionals, project and program managers, real estate developers. The forum featured a rich agenda where a number of industry experts spoke on key issues including, mitigating project risk, safeguarding national information and communications systems, managing cyber risks and getting to grips with the human factor in risk.

“Msheireb Properties is very proud of this forum as it not only highlights an area of great importance, that of risk management, but also represents an opportunity for people who have expertise in the field to come together and share their insights and experiences. Our hope is that, in time, this forum will become the flagship regional platform for high-level discussions and decision-making on risk management,” said Eng. Abdulla Hassan Al-Mehshadi, CEO, Msheireb Properties.

During the forum, Theuns Kotzé- Regional Managing Director – BSI Middle East and Africa said: “Risk Management is a critical component in the most organisation’s operations and one that has major cost implications. The ISO 31000: 2009 Risk Management provides the principles and guidelines for managing any form of risk in a systematic, transparent and credible manner and within any scope and context. On behalf of BSI, Congratulations to Senior management’s Drive and Vision with the implementation and maintenance of the risk management framework in accordance with this International Standard.”

“We are delighted and extremely proud to have achieved compliance with this risk management standard. As a major milestone in the evolution of our young company, it reflects our commitment to pursuing excellence in all areas of our business and our determination to attain the very best in international standards,” said Al-Mehshadi.

“The ISO 31000 certification will ensure a proactive approach to management in every aspect of our operations, thereby improving efficiency, governance and stakeholder confidence,” Al Mehshadi added.

Msheireb Properties has incorporated the latest risk management procedures as part of a broader effort to incorporate industry best practices into its operations. Msheireb Properties is already certified in ISO 9001:2008 for quality management; ISO 14001:2004 for environmental management; and BS OHSAS 18001:2007 for occupational health and safety management systems.

Msheireb Properties ’ mission is to support the wider aims of Qatar’s Economic Vision for 2030 by changing the way people think about urban living and improving their overall quality of life through innovations that encourage social interaction, respect for culture, and greater care for the environment.