39. Mohamed Ali Al Shorafa Al Hammadi
Chairman, Abu Dhabi Department Of Economic Development
Origin: UAE
Residence: UAE
Sector: Diversified
2023 Rank: 40
Mohamed Ali Al Shorafa Al Hammadi holds significant influence in advancing Abu Dhabi’s economic diversification plan. He is a pivotal member of the Abu Dhabi Executive Council and is the leader of the Abu Dhabi Department of Economic Development. Additionally, he heads the Abu Dhabi Investment O ce, serves as chairman of the Khalifa Fund for Enterprise Development, leads Hub71 — a crucial component of the Abu Dhabi Government’s development acceleration initiative — and chairs the Securities & Commodities Authority. Moreover, Al Hammadi presides over the Free Zones Council, established in 2022, tasked with assessing the regulatory framework governing each free zone within Abu Dhabi.
