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Business

Forbes Middle East - English

Forbes Middle East - English

FLYING AHEAD

Earlier this year, flynas became the first ever listed carrier in Saudi Arabia to go public, raising $1.1 billion in its landmark IPO. Managing Director and CEO Bander Almohanna now has his sights set on further route expansion and new destinations.

7 min  |

August 2025
Forbes Middle East - English

Forbes Middle East - English

The Vibe-Coding Factory

Stockholm-based LOVABLE has become the world's fastest-growing software startup, hitting over $100 million in annualized revenue in just eight months by using Al to enable millions of non-coders to instantly turn their ideas into websites, apps and online side hustles.

6 min  |

August 2025
Forbes Middle East - English

Forbes Middle East - English

Navigational Hazards

Even with nepotism, protectionism and infinite” liquefied natural gas, THOMAS CROWLEY JR. shows it ain’t easy being the third generation to run an American shipping company.

6 min  |

August 2025
Forbes Middle East - English

Forbes Middle East - English

REDEFINING LUXURY

Noelle Homsy and Chris Nader built luxury ecolodge brand ENVI Lodges to redefine what it means to travel luxuriously and responsibly in the experiential outdoor hospitality space. Now, as they move towards closing their third funding round, bigger plans are on the horizon.

6 min  |

August 2025
Forbes Middle East - English

Forbes Middle East - English

RESILIENT EXPANSION

Kamel Abou-Aly, Founder and Chairman of Pickalbatros Hotels Resorts, began building his hospitality empire in Egypt 33 years ago. With 5 billion invested at home and abroad, the group continues to expand while strengthening Egypt’s position as a global tourism hub.

7 min  |

August 2025
Forbes Middle East - English

Forbes Middle East - English

TOP 100 TRAVEL & TOURISM LEADERS 2025

Despite ongoing challenges in the Middle East, the region remains a hotspot and a key global tourism hub, driven by diverse attractions the GCC and a robust pipeline of ongoing developments.

4 min  |

August 2025
Forbes Middle East - English

Forbes Middle East - English

Time to Beat Apple

Small value stocks haven't been doing well. But money manager MILES LEWIS makes the case that at a time of turbulence on Wall Street, they are ready for a rebound.

4 min  |

July 2025 English
Forbes Middle East - English

Forbes Middle East - English

CAPITAL CATALYST

America’s largest bank, J.P. Morgan, is deepening its MENA footprint under Khaled Hobballah, Senior Country Officer for MENA and Head of Markets for MENA Tirkiye. As the region gains strategic weight, Hobballah is shaping how global finance flows through the fastest-growing hub.

6 min  |

July 2025 English
Forbes Middle East - English

Forbes Middle East - English

GLOBAL MEETS LOCAL 2025

As global corporations deepen their roots in MENA, the region continues to evolve into a magnet for investment, innovation, and cross-border collaboration.

3 min  |

July 2025 English
Forbes Middle East - English

Forbes Middle East - English

EVERYTHING AI

David Meads, Vice President for the Middle East, Africa, Türkiye, Romania, and the Commonwealth of Independent States at Cisco, returned to the region last year to plug into its full tech-leading potential. With Al dominating conversations and partnerships powering growth, he's seeing fast results.

6 min  |

July 2025 English
Forbes Middle East - English

Forbes Middle East - English

ADDING MORE

Having been with Visa for over 20 years, Andrew Torre, president of Visa's $9 billion value-added services business, has recently moved from leading the CEMEA region to leading its acceleration toward market-moving additional solutions. The veteran is ready for the challenge.

8 min  |

July 2025 English
Forbes Middle East - English

Forbes Middle East - English

NAVIGATING NEW ROUTES

Kami Viswanathan, president of the Middle East, Indian Subcontinent, and Africa at FedEx, has driven the region to double-digit growth since taking office in 2022. Now, she is focusing on digital capabilities, deepening local collaborations, and prioritizing SMEs.

7 min  |

July 2025 English
Forbes Middle East - English

Forbes Middle East - English

The Great Space Phone Race

ABEL AVELLAN is taking on SpaceX and Jeff Bezos' Project Kuiper in the battle to provide broadband satellite internet directly to your smartphone.

6 min  |

June 2025 English
Forbes Middle East - English

Forbes Middle East - English

Building the Future Summit Unites Efforts Toward a Smarter, More Sustainable Urban Future

The inaugural summit brought together an exclusive cohort of real estate leaders, investors, innovators, and architects from across the region and around the world.

3 min  |

June 2025 English
Forbes Middle East - English

Forbes Middle East - English

WHOLE NEW WORLD

Abu Dhabi's Miral Group is bringing Disneyland to the Middle East, and Mohamed Abdalla Al Zaabi, Group CEO, is ready for the challenge. As Miral begins designing its latest coup, Abu Dhabi's ambitious goals for its tourism industry are in sight.

8 min  |

June 2025 English
Forbes Middle East - English

Forbes Middle East - English

Ringing the Bell: 4 Women Who Led Landmark Listings

Although women-led public companies remain relatively rare, they have nonetheless played pivotal roles in bringing companies to the public market. Meet four trailblazing women who have taken their companies public.

2 min  |

June 2025 English

Forbes Middle East - English

EGYPT'S TOP 50 LISTED COMPANIES 2025

Egypt's listed companies have demonstrated a robust performance in the last year, with the combined total assets of the top 50 companies in 2025 increasing by 33% as of December 2024 to $118.8 billion, which accounts for over 34% of the country's GDP.

6 min  |

June 2025 English
Forbes Middle East - English

Forbes Middle East - English

NEW STREAMS

Ahmed Al Azkawi, CEO of OQEP, led the company through its landmark $2 billion IPO on the Muscat Stock Exchange in October 2024. He's now focused on assessing expanding beyond Oman and optimizing OQEP's portfolio for long-term growth and resilience.

7 min  |

June 2025 English

Forbes Middle East - English

THE MIDDLE EAST'S TOP 100 LISTED COMPANIES 2025

MENA's top 100 listed companies experienced a modest downturn last year, with aggregate net profit declining 1.2% to $237.4 billion and market capitalization decreasing by 3.6% to $3.5 trillion as of April 2025. However, aggregate sales for the 100 companies grew by 12.2% to $1.1 trillion, and assets hit $5.4 trillion compared to $4.9 trillion a year earlier, reflecting a 10.8% growth.

6 min  |

June 2025 English
Forbes Middle East - English

Forbes Middle East - English

FUNNY MONEY

Comedian ADAM W used his smartphone to bypass Hollywood's gatekeepers and build a 55 millionstrong fan base and multimilliondollar brand empire. Alongside a bold new wave of digital comics, he's going viral—and rewriting the rules of showbiz.

3 min  |

June 2025 English
Forbes Middle East - English

Forbes Middle East - English

MENA's Most Profitable Companies

The five most profitable companies in MENA collectively reported $131.8 billion in earnings in 2024, representing over 55% of the total profits generated by the region's top 100 companies.

2 min  |

June 2025 English
Forbes Middle East - English

Forbes Middle East - English

Meet the 5 Richest Arab Families

The Middle East is home to some of the world's most influential families, whose wealth spans industries like construction, telecom, and automotive. Here are the top five richest Arab families, which we compiled by combining the wealth of family members on the Forbes World's Billionaires list 2025. Net worths are as of March 7, 2025.

2 min  |

May 2025 English
Forbes Middle East - English

Forbes Middle East - English

BACK ON TOP

Prince Alwaleed Bin Talal Alsaud, Founder and Chairman of Saudi Arabia's Kingdom Holding Company and the richest Arab businessman in the world with a net worth of $16.5 billion, has his eyes firmly set on Al's impact, Saudi Arabia's evolution, and the world's trade wars.

8 min  |

May 2025 English
Forbes Middle East - English

Forbes Middle East - English

TOP 100 ARAB FAMILY BUSINESSES 2025

Middle Eastern family businesses are far more than commercial enterprises—they are pillars of society, deeply interwoven with the region’s cultural fabric and historical legacy.

3 min  |

May 2025 English
Forbes Middle East - English

Forbes Middle East - English

THE WORLD'S RICHEST ARABS 2025

According to Forbes' World Billionaires 2025 list, the number of billionaires across the globe has exceeded 3,000 for the first time, with 3,028 people making this year's ranking-247 more than in 2024.

6 min  |

May 2025 English
Forbes Middle East - English

Forbes Middle East - English

Saudi Billionaires Back Among the World's Richest on Forbes' World's Billionaires List

After a seven-year hiatus, the richest business people from the Middle East's second-largest economy are once again being featured on the Forbes' World's Billionaires list.

2 min  |

May 2025 English
Forbes Middle East - English

Forbes Middle East - English

The U.A.E.'s Expat Billionaires 2025

The U.A.E. is one of the world's leading destinations for expatriate high-net-worth and ultra-highnet-worth individuals. The Forbes World's Billionaires 2025 list features 13 such individuals, with a collective net worth of $141.9 billion. Here's a look at who they are.

6 min  |

May 2025 English
Forbes Middle East - English

Forbes Middle East - English

The World's Wealthiest Women

Women are still a minority among the world's billionaires, holding just over 13.4% of the spots on the Forbes' World's Billionaires list 2025. Despite the slow climb, their influence is undeniable. This list highlights the five wealthiest women globally. Net worths are as of March 7, 2025.

2 min  |

May 2025 English
Forbes Middle East - English

Forbes Middle East - English

GROWTH UNDER PRESSURE

As it approaches its centennial, Hassan Allam Holding is today led by third-generation Co-CEOs Hassan and Amr Allam. Amid shifting market dynamics, their focus is firmly on accelerating regional growth, supported by a project backlog exceeding $5.8 billion.

4 min  |

May 2025 English
Forbes Middle East - English

Forbes Middle East - English

Pharma's Chinese Takeout

KAILERA jumped the weight loss miracle-drug line by licensing four clinical-stage obesity therapies from China, which is quickly emerging as a powerhouse pharmaceutical R&D center. After all, why spend millions trying to develop novel medications in the U.S. when Chinese firms have probably already done it for you?

5 min  |

May 2025 English