Reasons To Seek Adventure

Whether it’s the exhilaration of free-falling out of the sky or the thrill of being immersed among the shark-filled reefs of the Indian Ocean, adventure enthusiasts are drawn by the allure of life-changing experiences. Here are some reasons why.

THE MIDDLE EAST'S 30 MOST VALUABLE BANKS 2024

MENA’s banking sector has shown resilience over the last year, supported by higher interest rates and oil prices.

A Destination Beyond Expectations

Madrid, Spain’s vibrant capital, pulsates with energy and visitors are invited to unwind a rich tapestry woven with history, art, gastronomy, and natural beauty.

LEANING IN

Hisham Al-Falih, Ashu Gupta, Aditya Sarkar, and Mehdi Tazi, Cofounders of Saudi-based Lean Technologies, have created one of the region's leading third-party regulated open banking platforms with $37 million in funding. Now, they're planning another funding round and expansion across key markets.

A Blueprint For Sustained Growth In The World Of EPC

NMDC Group demonstrates how strategic foresight, robust financial growth, and a commitment to sustainability and innovation are fueling its ongoing expansion and diversification in the EPC industry.

Driving The Energy Transition

Musabbeh Al Kaabi, Executive Director of Low Carbon Solutions International Growth at ADNOC, explains how the company is making today’s energy cleaner while investing in the clean energy systems of tomorrow.

Meta’s Notable Acquisitions

Mark Zuckerberg's Meta turned 20 years old in February. Since it originally launched as Facebook in 2004 and then rebranded to Meta in 2021, the billionaire's brainchild has undergone several transformations, made some astute acquisitions, and molded a generation along the way.

From Finance To Founder And Billionaire

These four self-made business mavericks leaped into entrepreneurship and built big fortunes by leveraging their backgrounds in finance.

Fine Dining With A Creative Twist

Take a peek inside some of the U.A.E.’s most immersive dining experiences.

Fashion Shines On Dubai's Runway

Dubai Fashion Week highlighted a host of international and emerging designers.

The GCC's Carbon Roadmap

With carbon capture and storage marked as a key technology in fighting climate change, the Gulf states are investing big in new infrastructure to make sure the region stands out as a sustainability leader.

THE MIDDLE EAST'S TOP 100 ARAB FAMILY BUSINESSES 2024

Transformation through expansion and investment are keeping family businesses growing.

Hungry for Growth

Fred and Gene Clark have devoured a fifth of the 18 billion industry by following the Amazon playbook. Now they’ve cooked up a plan for greater growth.

Year In Review: MENA Startups Struggle Despite Strong Headline Figures

Despite positive headlines, last year wasn’t a good one for MENA startups seeking funding

Gulf SWFs Invest Big In 2023

Here’s a look at some of the biggest deals by MENA’s most active sovereign wealth funds in 2023.

Meet The Richest Person On Each Continent

Here are the diverse faces of affluence from each corner of the world. Of the six billionaires listed, half have built their fortunes independently, earning them the label of self-made. Net worths are as of February 21, 2024, according to Forbes.

A Family Affair

LVMH chief Bernard Arnault is tightening family control—meet the five heirs.

The World's Most Valuable Sports Empires 2024

With last year's $6 billion purchase of the Washington Commanders, Harris Blitzer Sports & Entertainment vaulted up the ranks of the most lucrative team portfolios-but they're still not No. 1.

Women Leaders Arab Women Who Made History In 2023

The world saw many Arab women achieve firsts in 2023. Here are six of them.

MENA's Most Powerful Businesswomen Leading: Family Firms

These ten MENA-based businesswomen have inherited the helm of some of the region's largest family conglomerates.

THE MIDDLE EAST'S 100 MOST POWERFUL BUSINESSWOMEN 2024

Despite challenges, female leaders are continuing to grow in numbers and influence.

MISSION POSSIBLE: NOOR SWEID

Noor Sweid, Founder and Managing Partner of Global Ventures, is overseeing assets under management of $300 million while investing in founders driven by purpose. As she makes moves to inspire and support homegrown entrepreneurs, she's leading the way for women in a male-dominated field.

THE $93 TRILLION WEALTH TRANSFER

BOOMERS AND THEIR ELDERS CONTROL $93 TRILLION, OR TWO-THIRDS OF AMERICA'S HOUSEHOLD WEALTH. FORBES 400 MEMBERS PHIL KNIGHT, CHARLES KOCH, BARRY DILLER AND HAROLD HAMM GIVE A MASTER CLASS IN HOW TO MAKE SURE YOUR MONEY GOES TO CHARITY AND CHILDREN.

MOVING FORWARD

Faisal Albedah, Managing Director and CEO of SAL Saudi Logistics Services, took the company public in November 2023, leading it through the year's second-biggest IPO for Saudi Arabia, with a market capital of over $3 billion. Now, he wants to make the kingdom a global logistics hub, connecting East with West.

TURNING THE TIDE

Ahmed AI Shamsi, Managing Director and CEO of SWS Holding, is making moves to tackle the challenges of water scarcity while growing business. With the company having recently been acquired for $463.2 million, the CEO has his eyes on further investment.

Confessions Of A Closed-End Fund Bargain Hunter

Retail buyers have a poor grasp of closed-end investment companies. That creates opportunities for Florida money man ERIK HERZFELD.

World's Top Venture Capital Investors Of 2023

These are the top five investors featured on Forbes' 2023 Midas List, from cryptocurrency investors to global capital managers.

Female Chiefs Making Historic Appointments In 2023

This year has seen some wins for gender diversity in leadership. These 10 notable companies appointed their first women CEOs in 2023, embracing a new era of inclusivity.

BLOOMING

With over $190 million in funding, Floward's cofounders Abdulaziz AI Loughani and Mohamed AI Arifi are reshaping the way people shop for flowers and gifts. Today, the duo is leading an IPO plan, with the startup planning to go public in the second half of 2024.

SUSTAINABLE 100

The Middle East is investing in a sustainable transformation, with initiatives underway to advance the harnessing of clean energy sources, innovations in waste management, water conservation, green architecture, and cultivating food sovereignty through smart and sustainable agricultural projects.