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THE MIDDLE EAST'S 100 MOST POWERFUL BUSINESSWOMEN 2024

Forbes Middle East - English

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Feb 2024

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

THE MIDDLE EAST'S 100 MOST POWERFUL BUSINESSWOMEN 2024

From groundbreaking entrepreneurs to visionary corporate leaders, women in MENA are leaving their mark in every sector and industry. For example, Hana Al Rostamani, Group CEO of the First Abu Dhabi Bank, who leads the list for the second consecutive year, was also recognized on Forbes’ list of the World’s Most Powerful Women 2023, ranking at 63 overall and 14th in the finance category globally. Shaista Asif, Cofounder and Group CEO of PureHealth Holding, led one of the region’s largest IPOs, raising a total of $986 million by offering 10% of its issued share capital on the first market of the Abu Dhabi Securities Exchange.

This year’s list of the Middle East’s 100 Most Powerful Businesswomen 2024 features 100 entries, with 104 women from 27 different sectors and 28 nationalities. The banking and financial services sector leads the list with 26 entries, followed by healthcare with 13, and investments and technology with six entries each. There are 35 newcomers to the list, from 15 different sectors.

Methodology

When creating the ranking, we considered the following criteria.

• The impact that the leader has had on the region and the markets that she serves.

• The achievements and performance of the leader in the last year.

FLERE HISTORIER FRA Forbes Middle East - English

Forbes Middle East - English

Forbes Middle East - English

SHIFTING ENERGY

For nearly nine decades, Petroleum Development Oman (PDO) has been at the heart of Oman's economic growth. Today, as the first Omani Managing Director of the 88-year-old company, Aflah Al Hadhrami is steering PDO into a new era, one defined by purpose, people, and sustainability.

time to read

7 mins

September 2025 ENG

Forbes Middle East - English

Forbes Middle East - English

SUSTAINABILITY LEADERS 2025

In the Middle East, sustainability continues to move from commitment to action as governments and companies align with global climate goals and national visions.

time to read

3 mins

September 2025 ENG

Forbes Middle East - English

Forbes Middle East - English

NEXT BILLION-DOLLAR STARTUPS

Artificial intelligence dominates this year's list of 25 venture-backed startups we think most likely to reach a $1 billion valuation.

time to read

10 mins

September 2025 ENG

Forbes Middle East - English

Forbes Middle East - English

Money Grows on Trees, Slowly

If you are a very patient investor, you might want to have Angela Davis' CAMPBELL GLOBAL plant you some Douglas fir.

time to read

4 mins

September 2025 ENG

Forbes Middle East - English

Forbes Middle East - English

TURNING WASTE AROUND

Ali Al Dhaheri, Managing Director and CEO of the Tadweer Group, believes that waste can be a powerful resource. As the company strives to divert waste from landfills and reduce emissions in the U.A.E., he's also hoping to have a global impact.

time to read

7 mins

September 2025 ENG

Forbes Middle East - English

Forbes Middle East - English

Crossing Borders

SIDDEEK AHMED, Chairman and Managing Director of travel management company ITL World, expanded the company into the Middle East nearly 20 years ago, having first set up in India. Lured by the rapidly evolving sector then, today he's seeing even more opportunity, both here and abroad.

time to read

4 mins

September 2025 ENG

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.

time to read

7 mins

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.

time to read

6 mins

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.

time to read

6 mins

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.

time to read

6 mins

August 2025

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