TOP CEOS IN THE MIDDLE EAST

In the last decade the Middle East has witnessed large-scale corporatization across government-owned companies and departments, family business, and even regulators. Large state-run organizations have been restructured and are now being run like corporates. A prime example is Saudi Aramco. While the world knew it was among the largest companies in the world, its operations and financials were a mystery until its IPO in 2019. Today, as a publicly listed company on the Saudi stock exchange, it releases earnings every quarter.

This corporatization has increased the standards of corporate governance across the Middle East, which has in-turn increased the level of authority and responsibility held by the CEOs of a wide range of companies in the region.

The government sector has also gone through consolidation, and there is a renewed focus to unlock value. For example, ASYAD brought together three of Oman’s ports and free zones among other assets to maximize the financial returns and economic impact of government logistics investments, and ADNOC listed its distribution arm and raised funds through divestment in stakes of other assets like pipelines.

Family businesses, which are traditionally opaque private companies, have increased professionalism, with a few even choosing to go public. Last year saw Dr. Sulaiman Habib Hospitals and BinDawood Holding listed on Tadawul. While these businesses are still majority owned by the family, the listings bring a higher level of accountability to minority shareholders as well improved corporate governance.

Several large family business are now choosing CEOs from outside the family. And the CEOs of government-owned companies like DIFC or Dubai Airports are accountable and responsible for the growth of their companies, which have an impact on the economies and strategic importance of their countries.

Amin H. Nasser
Sultan Ahmed Al Jaber
Ahmed bin Saeed Al Maktoum
Hashem Hashem
Toufik Hakkar
Saad Sherida Al-Kaabi
Yousef Abdullah Al-Benyan
Abdulla Mubarak Al-Khalifa
Paul Griffiths
Osama Mounier Mohammad Rabie
Akbar Al Baker
Fahad bin Hussein Al-Sudairi
Saif Humaid Al Falasi
Sultan Ahmed Bin Sulayem
Abdulrahman Salim Al Hatmi
Hisham Okasha
Waleed A. Al-Mogbel
Ibrahim Almojel
Hana Al Rostamani
Faisal Al Bannai
Shayne Nelson
Hatem Dowidar
Jasim Husain Thabet
Ibrahim AlKoshy
Raoul Restucci
Arif Amiri
Mohamed Juma Al Shamisi
John Pagano
Bashar Abu Rumman
Abdulnasser Bin Kalban
Isam J. Al-Sager
Tony Douglas
Bader Nasser Al-Kharafi
Ala’a Eraiqat
James Eastlack
Camile Saba
Tareq Al Sadhan
Adnan Chilwan
John Hadden
Abdulwahab Iesa Alrushood
Aziz Aluthman Fakhroo
Alain Bejjani
Mohamed Mahmoud Ahmed Eletreby
David Dew
Talal Said Al Mamari
Talal Al Dhiyebi
Amit Jain
Mohamed El Kettani
Hussein Abaza
Rayan Mohammed Fayez
Ahmed Abdelaal
Samir Chaturvedi
Bassel Gamal
Nemeh Sabbagh
Shadi Malak
Walid Abukhaled
Murshed Al Redaini
Syed Basar Shueb
Adel A. El-Labban
Jerry Inzerillo
Abdullah Al-Khalifa
Kamal Mokdad
Ahmed Bin Sulayem
Faisal Al Ayyar
Raed Al-Rayes
Naaman Atallah
Hisham Talaat Moustafa
Waleed Khamis Al Hashar
Tarek Sultan
Mosaed Al Ohali
Ahmed BinDawood
Osama Bishai
Samir Kasem
Abdullah Al-Saadoon
Bandar M. H. Hajjar
Ali Al Baqali
AbdulAziz Al Balushi
Tal Nazer
Abdullah Al-Dubaikhi
Adel Mustafawi
Elham Yousry Mahfouz
Mikkel Vinter
Roshdy Zakaria
Antonie Daher
Bashar Obeid
Saeed Ghumran Al Remeithi
James Michael Lafferty
Adel Hamed
Nasser Mohammed Al Huqbani
Sherif Beshara
José Silva
Samer Abu Aker
Irfan Tansel
Jean-Christophe Durand
Sayed Farouk
Tariq Chauhan
Guy Hutchinson
Jalila Mezni SAH
Karim Awad
Alok Gupta
Methodology

To recognize the CEOs that run the largest businesses making major contributions to the Middle East’s economies we have created our first ranking of the Top CEOs in the Middle East 2021.

We ranked the CEOs based on:

  • The size of the company they are heading in terms of revenues, assets, and employees.
  • The impact the CEO and the company has on their industry, community, and country.
  • Company growth and CEO achievements in the last year.
  • The CEO’s experience in their current role as well as their overall experience.
  • The CEO’s personal achievements, including board directorships and social initiatives.
  • Honors and awards from governments and recognized associations.
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