Top 100 CEOs In The
Middle East 2022

16. Hatem Dowidar

Designation: Group CEO
Company: e& Group
Country: U.A.E.
Nationality: Egyptian
Sector: Telecommunications

Dowidar has been at the helm of e&, formerly known as Etisalat Group, since 2020. In that time, its market value has increased by 150.3%, from $33.2 billion in April 2020 to $83.1 billion in April 2022. e& acquired a 50.01% stake of Dubai Islamic Bank’s stake in Digital Financial Services in December 2021, raising its ownership to 100%. It also acquired a 9.8% stake in in the U.K.’s Vodafone Group in May 2022 for a reported $4.4 billion. Dowidar sits on the boards of the Etihad Etisalat Company (Mobily), Maroc Telecom, and the Abu Dhabi Chamber of Commerce & Industry, among others.