THE MIDDLE EAST’S
8. Hisham Alrayes
Alrayes assumed his current position in 2007. GFH Financial Group was formed in 1999 and announced the approval of its change of commercial name to “GFH Bank” in April 2026. It had $23.6 billion in assets and funds under management in 2025. In January 2026, GFH Partners and Gaw Capital Partners formed a joint venture to launch a UAE-focused industrial and logistics development platform, targeting high-quality projects across Dubai, Abu Dhabi, and Ras Al Khaimah. In December 2025, GFH was a cornerstone investor in the IPO of Mininglamp Technology, a China-based data intelligence and Agentic AI company, marking its strategic expansion into Asian markets. Alrayes is also the chairman of Esterad Investment Company, Infracorp and GFH Capital.