Top 100 CEOs In The
Middle East 2022

49. Ahmed Abdelaal

Designation: Group CEO
Company: Mashreq Bank
Country: U.A.E.
Nationality: Egyptian
Sector: Banking

Abdelaal joined Mashreq Bank in 2017. It was founded by the Al Ghurair Group and is among the oldest banks in the U.A.E. Mashreq currently operates in the U.A.E., Bahrain, Kuwait, Egypt, Hong Kong, India, Qatar, the U.K., and the U.S. The bank recorded profits of $171.5 million in Q1 2022, compared to $17.5 million in Q1 2021. In February 2022, the bank acquired a stake in NymCard—a banking-as-a-service provider in the Middle East.