Top 100 Arabs 2024

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.

Sheikh Sulaiman Bin Abdulaziz Alrajhi

Bader Nasser Al-Kharafi