3 CEOs from the UAE are among the top 10

16 Emirati CEOs are on the Forbes 2021 list of the most powerful bosses

  • Ahmed bin Saeed is the most powerful CEO in the aviation sector in the Middle East.

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Forbes Middle East recently released its annual list of the most powerful CEOs in the Middle East 2021. The list highlights the visionary CEOs who are strategically driving growth and development, whether in the workplace or in their sectors in general.

Forbes Middle East stated that it worked on evaluating the size of CEOs' companies, based on several criteria, in addition to personal achievements during 2020, and their impact on their companies and the sector.

24 nationalities

The CEOs on the list come from 24 nationalities, representing 21 sectors, while Saudi Arabia topped the list with 18 CEOs, followed by the UAE and Egypt with 16 CEOs each, making the three countries thus making up half of the list.

The list also included six executives of Kuwaiti nationality, while the American, British, Indian and Qatari nationalities acquired five chief executives each, and Oman registered four chief executives, compared to three Lebanese, and two chief executives for each of the Canadian, Jordanian, and Moroccan nationalities, while the nationalities acquired: Algerian, Australian, Bahraini, Brazilian, Danish, Dutch, French, Pakistani, Portuguese, Tunisian, and Turkish, with one CEO each.

Emirati issue

Three chief executives from the Emirates were among the top 10 on the list: His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Civil Aviation Authority, Supreme President and CEO of Emirates Airlines and the Group, and CEO of Abu Dhabi National Oil Company (ADNOC), Sultan Ahmed. Al Jaber, and CEO of Dubai Airports Corporation, Paul Griffiths.

The list of UAE executives included: CEO of the Emirates National Oil Company (ENOC), Saif Hamid Al Falasi, Group Chairman and CEO of DP World Group, Sultan Ahmed Bin Sulayem, and CEO and Managing Director of Edge Group, Faisal Al Bannai. Jassim Hussain Thabet, Group CEO and Managing Director of Abu Dhabi National Energy Company (TAQA), CEO of the Dubai International Financial Center, Aref Amiri, CEO of Abu Dhabi Ports Company, Muhammad Jumaa Al Shamsi, CEO of Emirates Global Aluminum, Abdul Nasser bin Kalban, and the President Abu Dhabi Commercial Bank Group CEO, Alaa Erekat, CEO of Aldar Properties, Talal Al Dhiyabi, CEO of Etihad Rail, Shady Malak, CEO of Yas Holding Group, Murshed Al Rudaini, and Chief Executive Officer and CEO of the Dubai Multi Commodities Center, Ahmed Bin Sulayem, And the CEO of Emirates Steel, Saeed Ghamran Al-Rumaithi.

"Forbes Middle East" referred to the CEO of "First Abu Dhabi Bank Group", Hana Al Rostamani, who entered the list and ranked 19, noting that she previously held the position of executive vice president of the group and head of the personal banking group.

Oil and sinks

The oil and gas sector in the region acquired the first positions within the sector, led by the President and Chief Executive Officer of Saudi Aramco, Amin Al-Nasser, followed by the CEO of Abu Dhabi National Oil Company (ADNOC), Sultan Ahmed Al-Jaber, and the CEO and Vice-Chairman of the Board of Directors of the Petroleum Corporation The Kuwaiti, Hashem Hashem, as well as the Chairman and CEO of "Sonatrach", Tawfiq Hakar.

As for the banking and financial services sector, it topped the list with 29 CEOs, constituting nearly a third of the rating.

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