Satisfying the judges' criteria of innovation, adaptation to the UAE market, overall performance, investment in people and contributions to the UAE economy, Bayt.com staved off competition from a number of other local and regional companies, emerging the clear winner in the "Company of the Year" category.
Among the facets of the company that the judges looked at was the fact that Bayt.com offers a tri-lingual job matching service to Middle East employers and job seekers seeking employment in the Middle East, and that it augmented its technologies in2008 to offer a significantly more sophisticated and effective level of service, via the pioneering and industry-leading proprietary InstantMatch Search tool.
In terms of innovation, the judges were impressed by Bayt.com's unique and groundbreaking Virtual Job Fair (VJF) series across the Middle East - a series of highly respected and well attended job fairs conducted entirely online. Employers, who were given fully branded 'virtual booths' reduced their costs by50% compared to a physical fair, and each participating company could measure their success with Bayt.com's advanced and accurate reporting tools. Job seekers meanwhile had easy access to thousands of jobs, the option to interact in real-time with potential employers and could access the job fair from the comfort of their desk - saving the significant time and costs associated with visiting a physical job fair.
Other factors contributory to Bayt.com's award win were the company's75% growth for2008, the company's success in attracting the highest number of jobseekers on the website (growing at more than3,000 daily), and the fact that the site offers the highest number of jobs: more than6,000 fresh jobs on a typical day.
“We are of course thrilled to have been recognised as company of the year at such a respected awards forum, that recognises the hard work and ongoing achievements of businesses in the UAE - both in terms of their individual success and in terms of their contributions to the local economy,” Akram Assaf, CTO Bayt.com commented on the win.
“We are hugely proud of our business' achievements to date in terms of our ever evolving and always innovative tools, technologies and service platforms; and the fact that we have been recognised empowers us to strive even harder for the further growth and development of the region's labour market."
In previous years, Bayt.com has won a series of other prestigious awards, including the 'e-Entrepreneur of the year' at the e-Achievement Awards; the 'Sheikh Hamdan Bin Rashid Al Maktoum Award Web Of The Year,' 'Golden Awards In The Services Category' and 'Special Award For The Best Strategy Website' at the UAE Web Awards; and the 'Best Arab Recruiting Site' at the CLIC awards.
The annual TECOM Investments Pearl Awards aim to celebrate and recognize the success of TECOM Business Partners and further distinctive achievements within Dubai in general and the TECOM community in particular.
Bayt.com serves the entire Middle East, North Africa and Indian subcontinent region from its11 regional offices in Abu Dhabi, Kuwait, Amman, Beirut, Casablanca, Doha, Dubai (Head Office), Jeddah, Manama, and Riyadh.