Abu Dhabi University has recently been awarded the recognition of "Inspirational Company" at the Bizz Awards 2012. Organized by the World Confederation of Businesses (WORLDCOB), the prestigious Bizz award recognizes companies and organizations for innovation, business excellence and outstanding management performance, making Abu Dhabi University the only higher education institution to ever receive the Bizz award in the Middle East region. The announcement was made during a ceremony held in Doha in presence of the UAE's Ambassador to Qatar Juma Rashid Saif Al Dhaheri, and Chancellor of Abu Dhabi University Dr. Nabil Ibrahim. Winners of the Bizz 2012 were chosen by the WORLDCOB's Evaluation Committee and a specialized research team that compiled various data on organizations that are compatible with the award's business excellence criteria, including: managerial leadership, management systems, quality of goods and services, creativity and innovation, social responsibility, and results, certifications and other recognitions. On receiving the award, Dr. Nabil Ibrahim Chancellor of Abu Dhabi University expressed the University's pride and gratitude in being recognized for its excellence among the winners of the Bizz Award 2012; a feat that positions the University in a class of its own as it is the only university to ever receive this award in the Middle East region. He also expressed the varsity's interest in contributing to the national development process which meets the needs and requirements of the policy agenda of the Government of Abu Dhabi and its economic vision 2030