Go Unlimited with Magzter GOLD

Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just

$149.99

$74.99/Year

The Perfect Holiday Gift Gift Now

THE MIDDLE EAST'S TOP CEOs 2024

Forbes Middle East - English

August 2024

Our fourth annual list of the top 100 CEOs in the Middle East features many leaders whose influence extends far beyond normal business parameters.

In this region, the government is often one of the biggest shareholders in the largest organizations, so while the business heads are committed to creating value for shareholders and other financial metrics, they also align with national interests and goals.

Many of the CEOs on our list also hold influential roles in government institutions. Out of the top 10 leaders, nine are from companies where the majority stake is owned directly or indirectly by the government. Some of those companies, including Aramco, ADNOC, and QatarEnergy, are among the biggest sources of revenue for their respective countries. Two entries in the top 10 are also government ministers and another two are members of royal families.

Our list of MENA’s most prominent CEOs in 2024 recognizes their achievements and the success of the companies they lead. It includes leaders from diverse sectors, including oil and gas, banking, telecommunications, and real estate. Many of these CEOs have steered their companies through challenging times, leveraging technology and sustainability to enhance efficiency and competitiveness. They have also played a key role in diversifying the region’s economies and positioning MENA as a global business hub. This year’s list features the CEO of the world’s largest oil company, the CEO of the world’s largest LNG producer, and the CEO of the largest international airline among others.

The top 100 CEOs include leaders from 19 nationalities. Emiratis dominate with 27 entries, followed by Egyptians with 21 and Saudis with 14. This is a positive sign for localization, with most large companies now headed by local executives. The banking sector has the most entries, with 19, followed by real estate with 10, reflecting the boom in the sector over the last two years.

1 Amin H. Nasser

President & CEO

Company: Saudi Aramco

Residence: Saudi Arabia

This story is from the August 2024 edition of Forbes Middle East - English.

Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.

Already a subscriber? Sign In

THE RELUCTANT VISIONARY

Sobha Group's Founder, PNC Menon, the U.A.E.'s wealthiest real estate expat billionaire, has built a fully integrated empire of luxury property and interiors. From record 2025 sales to landmark island projects, his next-generation leadership is redefining the region's property landscape.