49. Faisal Jamil Sultan Al-Essa

Designation: Vice Chairman & CEO
Company: National Real Estate Company (NREC)
Country: Kuwait
Establishment Date: 1973

NREC operates in Kuwait, Egypt, the U.A.E., Jordan, Lebanon, and Libya. In 2022, the company began operating Reem Mall in Abu Dhabi. The company’s projects include Grand Heights in Egypt, El Joan Resort in Kuwait, and South Aqaba Investment Park in Jordan. In the first nine months of 2023, NREC recorded assets worth $1.8 billion and $31.7 million in operating revenues. It owns a 22.3% stake in Agility. NREC had a market cap of $416.9 million as of November 14, 2023. Faisal Jamil Sultan Al-Essa is also a board member at Agility.