78. Hany Farag

Company: National Corporation for Tourism and Hotels (NCT&H)
Designation: CEO
Nationality: Egyptian
Sector: Hotels and Resorts

Farag assumed his current role in October 2018. The company owns five properties in Abu Dhabi: InterContinental Abu Dhabi, InterContinental Residences Abu Dhabi, managed by IHG Hotels & Resorts, and the self-managed Danat Hotels & Resorts Brand, which encompasses the Danat Al Ain Resort, Danat Jebel Dhanna Resort, and Dhafra Beach Hotel. NCT&H also owns the Cheers chain of retail liquor stores and the Abu Dhabi franchise of the Belgian Café. It managed a total of 1,229 rooms, villas, and chalets across seven managed properties in Abu Dhabi and recorded total assets of $771 million in 2022. NCT&H recently signed a contract with the Abu Dhabi National Oil Company (ADNOC) to provide food catering services for its drilling sites from 2022 to 2027.