The 34th international finals for the Global Management Challenge (GMC) started yesterday in Doha, the Qatar Finance and Business Academy (QFBA) announced.
In a press conference held in co-operation with Adnar Group, QFBA said the 2016 edition of GMC’s International Final will see strong competition between teams from Angola, Brazil, Cape Verde, Czech Republic, Estonia, France, Greece, Hong Kong, India, Kenya, Kuwait, Macao, Mexico, Morocco, China, Poland, Portugal, Qatar, Russia, Senegal, Slovak Republic, Spain, and the UAE.
The GMC was founded in Portugal in 1980 and is now the world’s largest strategy and management competition hosted in more than 30 countries. The GMC was launched in Qatar in 2013 and was organised by Adnar Group in partnership with QFBA.
The competing teams in the three-day event have previously won the championship title in their respective countries or regionally, and are now participating in Doha to compete for the international title.
Adnar Group managing director Randa Haidar said: “As an enterprise, we realise the different aspects of the requirements and needs of international and local businesses, which is why Adnar Group will make every effort to transform this exceptional event into an extraordinary success.”
QFBA CEO Dr Abdulaziz al-Horr said: “QFBA aims to deliver a global event that brings added value to the previous GMC International Finals that took place in some of the world’s largest capitals, and we are very excited to welcome the winning national teams in Doha.”
Global Management Challenge founder Luis Alves Costa said: “We are very interested in setting up the International Finals in Doha, which marks the first time this event has been held in an Arab country, and is something we are delighted about and proud of. As the founders of the Global Management Challenge, we are pleased to invite the winning national teams from 23 countries from around the world to compete in Doha. We hope that this event will contribute to the personal development and growth of future business leaders in Qatar.”
Global Management Challenge - International CEO Jo?o Matoso Henriques said: “Through this competition, we aim to contribute to the development of leadership skills to create competencies that simulate the requirements of the modern labour market and contribute to the achievement of sustainable development based on the refinement of talent and skills by making decisions that will guide ‘the company’ based on its investment performance and according to a simulated stock market system.”