94. Abdullah Omar Al-Suwailem
Company: Tourism Enterprise Company (Shams)
Designation: Managing Director and CEO
Sector: Hotels and Resorts
Al-Suwailem assumed his current position in January 2023. Shams is listed on the Saudi Stock Exchange with a market capitalization of $257.8 million as of April 16, 2023. In 2022, it recorded revenues of $2.7 million and total assets of $152.2 million. The company owns The Palm Beach Resort, which stretches along 1,300 meters of private beach with a total area of 550,000 square meters. In March 2023, it announced the opening of a diving center within the resort in partnership with Saihat Divers Center.