100 Most Powerful Arab Businesswomen

The 100 Most Powerful Arab Businesswomen 2016 1

Four years ago, FORBES MIDDLE EAST launched its first ranking of powerful Arab women in the business world.

Compared to 2012, more are in top positions this year—which explains why 15 names fell off the list, 12 are new, and three are back again. For example, Khawla al-Asadi became director general of Iraq’s largest bank, Rafidain Bank, this past June. Nezha Hayat has been overseeing Morocco’s capital markets since February 2016.

Others have been promoted, namely Eaman Al Roudhan. She was previously in charge of regulatory affairs at Zain Group, and is now CEO of its Kuwait operations. That landed her at number 13, up from 85 a year ago.

The top slot still belongs to Saudi Arabia’s Lubna Al Olayan, who’s at the head of a family empire. Al Olayan also appears on FORBES’ list of the World’s 100 Most Powerful Women.

Of the 100 businesswomen on our list, 54 are corporate executives, 23 are at the helm of family businesses, 12 are entrepreneurs, and 11 work in government organizations.

In addition, we have two smaller rankings, 10 each, of women who hold ministerial posts, and women of Arab origin who have made a mark on the world stage.

To rank them, we applied the following metrics: position, size of company or organization (2015 revenues, assets, employees, or GDP), and sphere of impact.

View the full list of The 100 Most Powerful Arab Businesswomen

View the full list of The 10 World’s Most Powerful Arab Women

View the full list of The 10 Most Powerful Arab Women In Government

1Lubna S. OlayanCEOOlayan FinancingDiversifiedSaudi Arabia
2Lobna HelalDeputy GovernorCentral Bank of EgyptGovernmentEgypt
3Raja Easa Al GurgManaging DirectorAl Gurg GroupDiversifiedUAE
4Fatima Al JaberGroup CEOAl Jaber GroupConstructionUAE
5Sheikha Al Mayassa bint Hamad Al ThaniChairQatar MuseumsMuseumsQatar
6Maha Al GhunaimVice Chair and Group CEOGlobal Investment HouseBanking and Financial ServicesKuwait
7Shaikha Al BaharDeputy Group CEONBKBanking and Financial ServicesKuwait
8Mona AlmoayyedManaging DirectorYK Almoayyed & SonsDiversifiedBahrain
9Nezha HayatChairMoroccan Capital Market AuthorityGovernmentMorocco
10Khawla al-AsadiDirector GeneralRafidain BankBanking and Financial ServicesIraq
11Henadi El SalehChairAgilityLogisticsKuwait
12Dalya Al MuthannaPresident and CEOGE GulfDiversifiedUAE
13Eaman Al RoudhanCEOZain - KuwaitTelecommunicationsKuwait
14Nabilah Al-TunisiChief EngineerSaudi AramcoPetrochemicalsSaudi Arabia
15Mona El-GarfChairEgyptian Competition AuthorityGovernmentEgypt
16Sheikha Bodour Al QasimiChairSharjah Investment & Development AuthorityGovernmentUAE
17Suzanne Al AnaniCEODubai Aviation Engineering ProjectsConstructionUAE
18Muna Al HashemiCEOBatelcoTelecommunicationsBahrain
19Randa SadikDeputy CEOArab BankBanking and Financial ServicesJordan
20Rasha AlroumiChairKuwait AirwaysAviationKuwait
21Mona ZulficarFounding Partner; Chair,Zulficar & Partners; EFG HermesLawEgypt
22Amal BahwanManaging DirectorSuhail Bahwan GroupDiversifiedOman
23Maysa JalboutCEOAl Ghurair Foundation for EducationEducationUAE
24Nadia Al-RawabdehGeneral ManagerSocial Security CorporationGovernmentJordan
25Majida Ali RashidHead, Real Estate Investment ManagementDubai Land DepartmentGovernmentUAE
26Sarah Al SuhaimiCEONCB CapitalBanking and Financial ServicesSaudi Arabia
27Suha KarzoonCFOBahrain Mumtalak Holding Co.InvestmentsBahrain
28Marwa El-AyoutiCFOVodafone EgyptTelecommunicationsEgypt
29Farah FoustokCEO, Middle EastLazard Asset ManagementBanking and Financial ServicesPalestine
30Elham MahfouzCEOCommercial Bank of KuwaitBanking and Financial ServicesEgypt
31Najla Al ShirawiCEOSecurities & Investment Co.Banking and Financial ServicesBahrain
32Iman MutlaqCEOSigma InvestmentsBanking and Financial ServicesJordan
33Mira Al AttiyahCEOQNB Capital (subsidiary of QNB Group)Banking and Financial ServicesQatar
34Maryam Al SuweidiDeputy CEO (Licensing, Supervision, Enforcement)Securities & Commodities AuthorityGovernmentUAE
35Rita Maria ZniberCEODiana HoldingFood and BeveragesMorocco
36Saida LamraniAssociate Vice PresidentSafari GroupDiversifiedMorocco
37Nevine LoutfyCEO, Managing Director, Acting ChairAbu Dhabi Islamic Bank-EgyptBanking and Financial ServicesEgypt
38Reem AsaadCEORaya Data CenterInformation TechnologyEgypt
39Hind BahwanFounder and ChairBahwan CyberTekInformation TechnologyOman
40Nadia Al SaeedGeneral ManagerBank Al EtihadBanking and Financial ServicesJordan
41Maitha Al DossaryCEOEmaar EntertainmentRetailUAE
42Hend El SherbiniGroup CEOIntegrated Diagnostics HoldingsHealthcareEgypt
43Hania SadekCOOHSBC Bank EgyptBanking and Financial ServicesEgypt
44Sahar FarahatSenior Executive Vice PresidentEgypt Kuwait HoldingBanking and Financial ServicesEgypt
45Haifa Al KhaifiCFOPetroleum Development OmanPetrochemicalsOman
46Huda Al LawatiChief Investment OfficerSavola GroupFoodOman
47Hetaf KhajjahChief Investment OfficerNational Industries GroupInvestmentsKuwait
48Sara AkbarCEOKuwait EnergyPetrochemicalsKuwait
49Nisreen ShoucairPresident and CEOVirgin Megastore MIddle East & North AfricaRetailSyria
50Amina Al RustamaniGroup CEOTecom GroupGovernmentUAE
51Shahla Abdul Razak BastakiDeputy CEODubai Silicon Oasis AuthorityGovernmentUAE
52Miriam Bensalah ChaqrounCEO; Board MemberLes Eaux Minerales d'Oulmes; Holmarcom GroupDiversifiedMorocco
53Sheikha Hessa Al KhalifaChairAl Salam BankBanking and Financial ServicesBahrain
54Sheikha Hanadi Al ThaniFounder and ChairAmwalBanking and Financial ServicesQatar
55Sana KhaterCFOWaha CapitalInvestmentsLebanon
56Jalila MezniCEOSociete d'Articles HygieniquesConsumer productsTunisia
57Randa El AssaadCEOArif & Bintoak Consulting Architects and EngineersConstructionLebanon
58Mona BawarshiCEOGezairi TransportLogisticsLebanon
59Laila MamouCEOWafasalafBanking and Financial ServicesMorocco
60Hala FadelPartnerLeap VenturesInvestmentsLebanon
61Noor SweidPartnerLeap VenturesInvestmentsLebanon
62Manal JarrarGeneral ManagerNational Insurance Company (Watania)InsuranceJordan
63May Al MudhafCEO, KuwaitNational Bank of Abu DhabiBanking and Financial ServicesKuwait
64Simona Sabella BishoutyCEO, Managing DirectorArab Banking Corp. (Jordan)Banking and Financial ServicesJordan
65Hana Al RostamaniHead of Consumer Banking GroupFGBBanking and Financial ServicesUAE
66Ingie ChalhoubPresidentEtoile GroupRetailLebanon
67Huda Al GhosonExecutive Director, Human ResourcesSaudi AramcoPetrochemicalsSaudi Arabia
68Salwa Idrissi AkhannouchChair, CEOAksal GroupRetailMorocco
69Christine SfeirCEOTreats HoldingFoodLebanon
70Sheikha Al MaskariChairAl Maskari HoldingsDiversifiedUAE
71Rasha Al HoshanCo-founder and General Manager; Kingdom Holding board memberHoshan FurnitureIndustrialsSaudi Arabia
72Lujaina DarwishChairMohsin Haider Dawrish LLCDiversifiedOman
73Ghosson Al KhaledDeputy CEO, IndustriesACICOIndustrialsKuwait
74Alia Al MazruiCOOMazrui HoldingsDiversifiedUAE
75Maha KanooGeneral Manager, Administration, HR and MarketingThe Kanoo GroupDiversifiedBahrain
76Maryam Mohamed FekriExecutive VP, COO, Head of Clearing, Settlement and Depository DivisionDubai Financial MarketGovernmentUAE
77Deema SukhtianCEOMunir Sukhtian GroupDiversifiedJordan
78Kawthar MakahlahCEOBCI GroupServicesUAE
79Mary Nazzal BataynehFounder and ChairLandmark Hotel Co.HospitalityJordan
80Nashwa Al RuwainiCEOPyramediaMediaEgypt
81Nermin SaadCEOHandasiyatConstructionJordan
82Nadia CheaibFounder, CEOClinServ InternationalHealthcareLebanon
83Caroline Fattal FakhourySenior VP; Board MemberFattal GroupDiversifiedLebanon
84Hosnia HashemVP, OperationsKuwait Foreign Petroleum Exploration Co.PetrochemicalsKuwait
85Sharifa Al HarthyDeputy chairMB Holding Co.PetrochemicalsOman
86Soha SolimanManaging DirectorSocial Fund for DevelopmentGovernmentEgypt
87Yasmine KhamisExecutive Board Member; Vice President of Sales and MarketingOriental Weavers Co.TextilesEgypt
88Farida KhamisExecutive Board Member; Vice President of Corporate FinanceOriental Weavers Co.TextilesEgypt
89Shahira ZeidVice ChairMaridive GroupTransportationEgypt
90Randa BessisoFounding Director, Middle EastManchester Business School, University of ManchesterEducationPalestine
91Ameera Al-TaweelCEO and ChairTime EntertainmentMediaSaudi Arabia
92Myrna SoufanCOOBanque BemoBanking and Financial ServicesLebanon
93Fadwa Al-HomaiziCo-Vice ChairAl-Homaizi GroupFoodKuwait
94Amna BinHendiDeputy ChairBinHendi EnterprisesDiversifiedUAE
95Nayera AminExecutive Vice ChairPiraeus BankBanking and Financial ServicesEgypt
96Ghada FarhanDeputy General ManagerJordan Commercial BankBanking and Financial ServicesJordan
97Jinan ZoyaGeneral ManagerFamily Business Council � GulfServicesLebanon
98Hind WassefCo-founderDiwan BookstoreRetailEgypt
99Nadia WassefCo-founderDiwan BookstoreRetailEgypt
100Lamia Ben MahmoudChairman & CEOTunis ReInsuranceTunisia