It has been an eventful 12 months for those on our Arab Power List to say the least, as business leaders and cultural icons sought to navigate at times choppy waters.

Some have seen their fortunes increase thanks to successful business deals and rising stock market valuations, others have seen their potential recognised with major appointments and the completion of key projects. And then there are those who have had a year to forget.

Our ranking is defined just as much by the ups as the downs in 2018, with Saudi Arabia’s corruption investigation that snared hundreds of leading businessmen, royals and government officials having a particularly strong effect.

We also welcome new faces to our annual list that have either worked their way into contention over the years, or made a dynamic impression during 2017. In both cases they must prove they have the staying power to be more than a one-hit wonder.

But as we have seen since starting the ranking more than half a decade ago, power is very much like the ebb and flow of the tide. Even though the current may not be in favour of some in 2018, they could return on an even stronger wave next year.

Read on to find out who are the movers and shakers, the leavers and new arrivals of the Gulf Business Arab Power List 2018.

Read: Revealed: Top 5 most powerful Arabs in Saudi Arabia

1HH Sheikh Ahmed bin Saeed Al Maktoum ChairmanUAEEmirates / Emirates NBDDiversified
2HE Khalid Al Falih ChairmanKSAAramco / Ma’adenEnergy
3Yousef Abdullah Al Benyan Vice chairman and CEOKSASABICIndustry
4Carlos Slim Helu Honorary chairmanLebanonAmerican MovilTelecoms
5Joseph Safra ChairmanSyriaSafra GroupFinance
6HE Mohamed Alabbar ChairmanUAEEmaar / Eagle HillsReal estate
7HRH Prince Alwaleed bin Talal bin Abdulaziz Al Saud ChairmanKSAKingdom HoldingFinance
8HE Khaldoon Khalifa Al Mubarak Group CEO and managing directorUAEMubadala Investment CompanyDiversified
9Carlos Ghosn ChairmanLebanonRenault,Nissan and MitsubishiIndustry
10HE Abdul Aziz Al Ghurair CEOUAEMashreqFinance
11HE Dr Sultan Al Jaber Director general and CEOUAEADNOCEnergy
12Amin Nasser President and CEOKSASaudi AramcoEnergy
14HE Reem Al Hashimy Director generalUAEDubai Expo 2020Diversified
13HE Mohammed Ibrahim Al Shaibani Executive director and CEOUAEInvestment Corporation of DubaiFinance
15HE Noura Al Kaabi ChairwomanUAEMedia Zone Authority – Abu Dhabi / twofour54Media
16HE Abdulla Al Habbai ChairmanUAEDubai Holding / MeraasDiversified
17HE Sultan Ahmed bin Sulayem ChairmanUAEDP WorldLogistics
18Mohamed bin Issa Al Jaber Chairman and CEOKSAMBI InternationalDiversified
19Mohamed Salah FootballerEgyptLiverpool FC / Egypt national teamSport
20HE Sheikha Lubna Al Qasimi PresidentUAEZayed UniversityDiversified
21Mansour Saleh Al Maiman ChairmanKSANational Commercial Bank, NCB Capital, Tadawul Real Estate CompanyFinance
22HE Essa Kazim ChairmanUAEDubai Financial MarketFinance
23Lubna Olayan Deputy chairperson and CEOKSAOlayan Financing CompanyFinance
24Huda Kattan FounderIraq-USHuda BeautyCulture and society
25HH Reema bint Bandar Al Saud Head of women’s affairsKSASaudi Arabia’s General Sports AuthoritySport
26Majid Al Futtaim FounderUAEMajid Al FuttaimDiversified
27Mohammed Alshaya Executive chairmanKuwaitMH AlshayaRetail
28HE Dr Raja Easa Al Gurg MDUAEEasa Saleh Al Gurg GroupDiversified
29Zainab Salbi Activist and media personalityIraqCulture and society
30Khalaf Al Habtoor ChairmanUAEAl Habtoor GroupReal estate
31Sheikh Sulaiman bin Abdulaziz Al Rajhi Co-founderKSAAl Rajhi BankFinance
32Abdulhamid Mohammed Saeed CEOUAEFirst Abu Dhabi BankFinance
33Mohamed Mansour ChairmanEgyptMansour GroupDiversified
34Mohammed bin Abdullah El-Kuwaiz ChairmanKSASaudi Capital Market AuthorityFinance
35HE Mohamed Khalifa Al Mubarak ChairmanUAEAbu Dhabi Tourism & Culture Authority / AldarDiversified
36Khaled bin Hussain Biyari CEOKSASaudi Telecom CompanyTelecoms
37HH Sultan bin Mohammed bin Saud Al Kabeer Co-founder and chairmanKSAAlmaraiFMCG
38DJ Khaled Rap artist and record producerPalestineCulture and society
39Omar K Alghanim CEOKuwaitAlghanim IndustriesDiversified
40Mohammed Al Barwani ChairmanOmanMB HoldingEnergy
41Fadi Ghandour Co-founder and executive chairmanJordanWamda CapitalFinance
42Mahmood Hashim Al Kooheji CEOBahrainMumtalakatFinance
43HE Dr Mohammed Nasser Al Ahbabi Director generalUAEUAE Space AgencyTechnology
44Nayla Hayek Chairwoman, Swatch Group / CEO,Lebanon-SwitzerlandHarry Winston IncRetail
45Turki bin Abdul Mohsen Al Asheikh PresidentKSAGeneral Sports AuthoritySport
46Ali Rashid Lootah ChairmanUAENakheelReal estate
47Bader Al Kharafi DirectorKuwaitMA Al Kharafi & SonsDiversified
48Mohammed bin Mahfoodh Alardhi Executive chairman, Investcorp / ChairmanOmanNational Bank of OmanFinance
49Saleh Al Abdooli CEOUAEEtisalatTelecoms
50Hesham Al Qassim CEOUAEwasl Asset Management GroupReal estate
51Khaled bin Saleh Al Mudaifer CEO and presidentKSASaudi Arabian Mining Company (Ma’aden)Industry
52Hussain Sajwani CEO and chairmanUAEDamacReal estate
53HE Hamad Buamim President and CEOUAEDubai Chamber of Commerce and IndustryDiversified
54Mazin Al Nahedh Group CEOKuwaitKuwait Finance HouseFinance
55Ahmad Al Shugair Activist and media personalityKSAMedia
56Mohamed Al Hammadi CEOUAEEmirates Nuclear Energy CorporationEnergy
57Ala’a Eraiqat CEOUAEAbu Dhabi Commercial BankFinance
58Ronaldo Mouchawar CEOSyriaSouq.comRetail
59Nassef Sawiris CEOEgyptOCIIndustry
60Naguib Sawiris ChairmanEgyptOrascomTelecoms
61Mishal Kanoo ChairmanBahrain-UAEKanoo GroupDiversified
62Faisal Al Bannai CEOUAEDarkMatterTechnology
63Mohammed Al Amoudi OwnerKSA-EthiopiaMIDROCDiversified
64Linda Sarsour ActivistPalestine-USCulture and society
65Badr Jafar CEOUAE-IraqCrescent EnterprisesDiversified
66Omar Abdulrahman FootballerUAEAl Ain FC / UAE national TeamSport
67Suhail Salim Bahwan ChairmanOmanSuhail Bahwan Holding GroupDiversified
68Dr Amina Al Rustamani CEOUAETecom GroupDiversified
69Saif Al Aleeli CEOUAEDubai Future FoundationTechnology
70Elie Saab Fashion designerLebanonCulture and society
71Issad Rebrab CEOAlgeriaCevitalDiversified
72Osman Sultan CEOLebanonduTelecoms
73Gigi Hadid ModelPalestine-USCulture and society
74Othman Benjelloun CEO and presidentMoroccoBMCE BankFinance
75Joelle Mardinian CEOLebanonJoelle Group / Media personalityCulture and society
76Munib Al Masri ChairmanPalestineEdgo GroupDiversified
77Ghaith Al Ghaith CEOUAEflydubaiAviation
78Mohammed Assaf SingerPalestineCulture and aviation
79Abdulla Jassem Kalban CEO and managing directorUAEEmirates Global AluminiumIndustry
80Hoda Kotb HostEgypt-USNBCMedia
81Mohammad Abu Ghazaleh Chairman and CEOPalestine-USFresh Del MonteFMCG
82Nancy Ajram SingerLebanonCulture and society
83Nabil Habayeb President and CEOLebanon-USGE Middle East, North Africa and TurkeyIndustry
84Nemat Shafik DirectorEgyptLondon School of EconomicsEducation
85HE Fatima Al Jaber COOUAEAl Jaber GroupDiversified
86Mohammed Ateeq Al Falahi Secretary generalUAEUAE Red Crescent SocietyCulture and society
87Lojain Omran Influencer / TV hostSaudi ArabiaCulture and society
88Salwa Idrissi Akhannouch Founder and CEOMoroccoAksal GroupRetail
89Fahd Al Rasheed Group CEO and managing directorKSAKing Abdullah Economic CityReal estate
90Issam Kazim CEOUAEDCTCMTourism
91Hala Gorani HostSyriaCNNMedia
92Raha Moharrak AdventurerKSACulture and society
93Dalia Mogahed Director of researchEgyptInstitute for Social Policy and UnderstandingCulture and society
94Jassim Alseddiqi CEOUAEAbu Dhabi Financial GroupFinance
95Shaikha Al Bahar Deputy Group CEOKuwaitNational Bank of KuwaitFinance
96Sultan Sooud Al Qassemi Social commentator / FounderUAEBurjeel Art FoundationCulture and society
97Mustafa Agha Head of sportsSyria-PalestineMBCSport / media
98Muna Abu Sulayman Entrepreneur / Media personalityKSACulture and society
99Laila Hzaineh VloggerJordan-PalestineCulture and society
100Bakr bin Laden ChairmanKSASaudi Binladin GroupConstruction