Top 100 Arabs 2025

34. Abdulrahman Saleh Al-Fageeh

CEO, SABIC

Origin: Saudi Arabia

Residence: Saudi Arabia

Sector: Industry

2024 Rank: 34

Al Fageeh has strengthened SABIC’s position amid head winds in the global petrochemical sector. In 2024, SABIC returned to profitability, posting SAR1.5bn ($400m) net profit after a SAR2.8bn loss in 2023.

Revenues slightly dipped to SAR140bn, while sales volumes declined to 45.1 million metric tonnes. However, higher average selling prices helped offset market pressures.

Al-Fageeh remains focused on long-term resilience, committing up to $4bn for capital projects. Beyond SABIC, he chairs SABIC Agri-Nutrients and Nusaned Investment, and serves on key boards such as the Royal Commission for Jubail and Yanbu.

Internationally, he continues to advance SABIC’s global footprint, notably through strategic ventures like the Fujian Petrochemical Complex in China.

Reem Al Hashimy

Elie Habib and Eddy Maroun