RIYADH – Maskan Arabia Real Estate Development Company has recently received the International Star for Leadership in Quality Award (ISLQ) 2014 granted by Business Initiative Directions (BID) to companies of outstanding performance in quality management under the QC100 TQM Model (Total Quality Management), economic growth, leadership, technological development and innovation. The award reaffirmed the company's position as one of the most prominent and leading real estate development companies in the region and as one of the best real estate development companies in Saudi Arabia. Eng. Hossam Rashoudi, CEO of Maskan Arabia, received the Golden Award during the Quality Excellence Award Ceremony held in Paris, France recently attended by the presidents and CEOs of major companies in the world. “We are extremely proud that the quality and performance of Maskan Arabia and its projects are globally recognized. This manifests the company's commitment to provide the Saudi market with development projects of international quality,” Al Rashoudi noted. He emphasized “Maskan Arabia applies concepts of quality in order to improve further the quality of residential districts and their real estate components to be role models in urban development in Saudi Arabia.” Moreover, Al Rashoudi reiterated that Maskan Arabia's winning of the International Star for Leadership in Quality Award is a confirmation of the high quality and excellence pursued by Maskan Arabia to serve its customers. Business Initiative Directions (BID) is the most important among four international organizations concerned with quality. It comprises engineers, physicists, mathematicians, economists, sociologists and journalists and is associated with leading companies in 173 countries. — SG