Forbes Middle East - English - January 2023Add to Favorites

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Forbes Middle East - January 2023 - English

The World’s 5 Most Powerful Women

Forbes list of the World’s 100 Most Powerful Women 2022 recognized the global gamechangers and power players. Here are the top five, featuring three heads of state and two CEOs.

The World’s 5 Most Powerful Women

2 mins

In Numbers: Ultra Wealthy Women 2022

The global population of ultra-high-net-worth UHNW) individuals—those who have a net worth of over 30 million each—declined by 6%, to 392,410 people in the first half of 2022, according to Altrata’s World Ultra Wealth Report. Their combined net worth also fell by 11% to 41.8 trillion. The gender gap in wealth is still significant. Here are some numbers about the world’s UHNW women.

In Numbers: Ultra Wealthy Women 2022

1 min

Notable 2022 Global CEO Shakeups

A turbulent year of economic and geopolitical upheavals witnessed several CEO departures from global companies in 2022. Here are five of the most notable exits.

Notable 2022 Global CEO Shakeups

2 mins

IPOs To Watch Out For In 2023

drought of IPOs in 2022 in the U.S. and Europe, according to PwC. IPO activity in Asia and the Middle East, however, remained resilient. Here are four companies expected to list in 2023.

IPOs To Watch Out For In 2023

2 mins

CONTRARIAN - Nature of The Beast

Why would anyone spend 50 hours buried alive just to make a YouTube video? Jimmy Donaldson-a.k.a. MrBeast-had 54 million reasons last year. The world's top-earning creator makes his mark through collaboration, not competition, and he has gotten rich by giving money away.

CONTRARIAN - Nature of The Beast

5 mins

Breaking Records, Making History

For Fakhreddin Minooeifar, Founder and Chairman of Dubai-based Mallorca Commercial Real Estate Advisory, his company's recordbreaking success is just the beginning.

Breaking Records, Making History

5 mins

Green Flying Machine

Futuristic electric vertical-takeoff air taxis have grabbed all the headlines—and billions in venture dollars—but Singapore-based investor Richard Chandler thinks he has a better idea: conventional battery-powered aircraft that are cheaper to fly and more reliable than turboprops.

Green Flying Machine

7 mins

Transformation, Takeovers, And Turnarounds

Over just five years, Majid Al Futtaim Lifestyle has changed its name, quadrupled in size, and driven over 217.8 million in sales. CEO Fahed Ghanim discusses the pathway to growth, the importance of user design, and his vision for the future.

Transformation, Takeovers, And Turnarounds

4 mins

IWESTING NIGHT

East, and Africa, is focusing on sustainability, inclusion, and diversity to drive forward progress for the company. Having already planted 26,000 mangrove trees across the U.A.E., the FMCG giant is branching out.

IWESTING NIGHT

5 mins

Communications Is A Game-Changing Industry

Mohamed A. Al Ayed, President and CEO of TRACCS, explains how the industry serves as both a differentiator and an enabler of transformation.

Communications Is A Game-Changing Industry

2 mins

Egypt's New Open Air Retail Experience

Egypt-based Talaat Moustafa Group and AZADEA Group celebrate the opening of several new brands at Open Air Mall, Madinaty, in a move that takes the shopping experience to new heights.

Egypt's New Open Air Retail Experience

3 mins

A LESSON IN GOOD TIMING

Competitors turned cofounders Hamdi Tabbaa, Sabri Hakim, and Hussein AlSarabi launched their edtech platform Abwaab in 2019, months before the pandemic swept across the globe. Today, they're making after-school tutoring accessible to 160 million students in MENAP and beyond.

A LESSON IN GOOD TIMING

7 mins

Nurturing Startup Growth In The U.A.E.

Masaood Rahma Al Masaood, Chairman of the Emirates Angel Investors Association, and Board Member and Treasurer at Abu Dhabi Chamber of Commerce and Industry, reveals the factors that contribute to a healthy startup ecosystem.

Nurturing Startup Growth In The U.A.E.

1 min

Sport: The Ultimate Win-Win For Tourism

lyad Rasbey, Executive Director of Destination Tourism Development MICE at Ras Al Khaimah Tourism Development Authority, explains just how important sport can be in boosting tourism in Ras Al Khaimah and beyond.

Sport: The Ultimate Win-Win For Tourism

4 mins

Hire Education - Garrett Lord

IT'S HARD TO GET A JOB FRESH OUT OF COLLEGEDOUBLY SO IF YOU'RE GRADUATING FROM AN UNDER-THE-RADAR SCHOOL OR DON'T HAVE PLUGGED-IN PARENTS.BUILT HANDSHAKE TO HELP. HIS LINKEDIN FOR COLLEGE KIDS HAS RAISED MORE THAN $400 MILLION AND SIGNED UP 1,400 SCHOOLS WITH 12 MILLION STUDENTS. BUT CAN IT SURVIVE IF COMPANIES START FIRING, NOT HIRING?

Hire Education - Garrett Lord

9 mins

Transforming Lives, Unleashing Potential

Mohamed Essawy, Undergraduate Program Director of ESLSCA University Egypt, explains how the university is nurturing a new generation of entrepreneurial talent in Egypt and beyond.

Transforming Lives, Unleashing Potential

1 min

The Future Bank Of SMEs

the region’s SME community.

The Future Bank Of SMEs

4 mins

New Arab Hackathon To Award Seed Capital For Climate Challenge Solutions

PepsiCo and the Arab Youth Centre have announced the launch of the Arab Youth Hackathon HackforChange as part of a partnership they signed during COP27.

New Arab Hackathon To Award Seed Capital For Climate Challenge Solutions

2 mins

Peace And Privacy In Thailand Is Closer Than You Think

The breathtaking ÀNI Private Resort in Thailand is situated on the east coast of Koh Yao Noi, which means \"Small Long Island.\"

Peace And Privacy In Thailand Is Closer Than You Think

3 mins

Forbes Middle East’s First Under 30 Summit In El Gouna Inspires Young Leaders And Energizes Entrepreneurs

Forbes Middle East’s Under 30 Summit in El Gouna-—the first event of its kind in the Middle East—hosted three days of high-energy discussions, networking, and live music.

Forbes Middle East’s First Under 30 Summit In El Gouna Inspires Young Leaders And Energizes Entrepreneurs

4 mins

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