Prod Dr Muhammad Yunus has been selected for another prestigious award. The Nobel laureate microeconomic pioneer has been picked up for the second Global Entrepreneurship Award (GEA), under the umbrella of the Centennial Fund (CF), for his distinguished efforts at highlighting the culture of entrepreneurship. The GEA-2014 award will be given to its recipient at a function in November, secretary-general of the award, Abdulaziz Al-Mutairi, announced on Monday. He said the GEA-Award committee’s decision was based on Yunus’ distinguished efforts at highlighting the culture of entrepreneurship globally. As many as 600 candidates from 42 countries had submitted their entries in six different categories this year for the best action plan, the best feasible project idea, the best pioneering project, the best mentor and guide, the best existing project and the best leading figure. Yunus won the award for the best leading figure. Last year, there were 18 winners from four countries – Saudi Arabia, Egypt, Jordan and Yemen. However, Al-Mutairi did not disclose the names of the other winners this year. Al-Mutairi, who is also CF’s head, said the awards presentation ceremony, will be held in Jeddah on Nov 3. It will be attended by a large number of economists from Gulf states and across the world. Prince Abdulaziz will give away awards totaling Saudi Riyal 1 million for the distinguished works, according to Arab News.