THE MIDDLE EAST’S

27. Ahmed Abdelaal

Designation: Group CEO
Company: Mashreq
Residence: UAE
Nationality: Egyptian
Sector: Banking

Abdelaal assumed his current position in 2019. Mashreq operates across 15 markets spanning the Middle East, Asia, Europe, and the US. In Q1 2026, Mashreq reported net income of $524.7 million and total assets of $93.8 billion. In February 2026, Mashreq priced a $500 million Additional Tier 1 bond, which was oversubscribed 4.2 times, with demand reaching $2.1 billion. Abdelaal is also a board member of INJAZ UAE.