The Covid-19 pandemic has transformed ways of living and working in the last year.
Accordingly, our annual Gulf Business Arab Power List has seen huge shifts with some leaders standing out as they not only survived a tough year, but also emerged successful.
This year’s list welcomes 28 new entrants, including eight from Qatar.
We also lead the list this year commemorating a certain group for the enormous power they have yielded. Receiving the special mention – ahead of number one – are the countless number of frontline heroes who saved and protected lives – sometimes at the cost of their own.
Covid-19 frontline heroes
A tiny virus has dominated our lives in the past year in a way we never deemed plausible. From a nondescript market in China, the coronavirus proliferated rapidly, jumping from one host to another, wreaking havoc from one continent to the next. For humanity, the warriors and superheroes this time came in the form of healthcare workers and vital sector operators, who risked their lives to protect and support us.
While recognition has come to them in many ways, words simply do not suffice to acknowledge the power they have wielded in this crisis.
To all the frontline workers who lost their lives, those who have sacrificed precious time with their families, those who have gone above and beyond what was required of them purely in the name of humanity, we salute you.
Methodology
Gulf Business looked at the events of 2020 and judged each individual case on the basis of four criteria: financial capital, human capital, expansion plans and personal fame levels.
In general, Gulf Business has excluded politicians and royalty, unless the contenders have a strong leaning towards business activity. We have included Arabs from across the world.
Read on to find out exactly who has risen and fallen and who has joined the list this year.
Rank | Name | Title | Origin | Residence | Industry |
---|---|---|---|---|---|
1 | Yasir Al-Rumayyan | Chairman, Aramco/Governor, PIF | KSA | KSA | Diversified |
2 | Dr Sultan Al Jaber | CEO and managing director, ADNOC Group | UAE | UAE | Energy |
3 | HH Sheikh Ahmed bin Saeed Al Maktoum | Chairman, Emirates Group/Emirates NBD | UAE | UAE | Diversified |
4 | Carlos Slim Helú | Honorary chairman, America Movil | Lebanon/ Mexico | Mexico | Telecoms |
5 | Saad Sherida Al-Kaabi | President and CEO, Qatar Petroleum/ Chairman and MD, Industries Qatar | Qatar | Qatar | Diversified |
6 | Khaldoon Khalifa Al Mubarak | CEO and managing director, Mubadala Investment | UAE | UAE | Diversified |
7 | Amin Nasser | President and CEO, Aramco | KSA | KSA | Energy |
8 | Sarah bint Yousif Al Amiri | Minister of State for Advanced Technology/ Chairwoman, UAE Space Agency | UAE | UAE | Science and Technology |
9 | Mohamed Al Hammadi | CEO, Emirates Nuclear Energy Corporation | UAE | UAE | Energy |
10 | HRH Prince Alwaleed bin Talal bin Abdulaziz Al Saud | Chairman, Kingdom Holding Company | KSA | KSA | Finance |
11 | Mohamed Alabbar | Founder, Emaar/Noon.com | UAE | UAE | Real Estate/ Retail |
12 | Sultan Ahmed bin Sulayem | Chairman and CEO, DP World / Chairman, Virgin Hyperloop One | UAE | UAE | Logistics |
13 | Hassan Al Thawadi | Chairman, Qatar 2022 FIFA World Cup | Qatar | Qatar | Sports |
14 | Reem Al Hashimy | Director general, Expo 2020 Dubai | UAE | UAE | Diversified |
15 | Yousef Abdullah Al Benyan | Vice chairman and CEO, SABIC | KSA | KSA | Industry |
16 | Lubna Suliman Olayan | Chairperson, Saudi British Bank | KSA | KSA | Finance |
17 | Mansoor Ebrahim Al-Mahmoud | CEO, Qatar Investment Authority | Qatar | Qatar | Finance |
18 | Abdul Aziz Al Ghurair | Chairman, Mashreq | UAE | UAE | Finance |
19 | Abdulla Mubarak Al-Khalifa | Group CEO, Qatar National Bank | Qatar | Qatar | Finance |
20 | Mohammed Ibrahim Al Shaibani | Executive director and CEO, Investment Corporation of Dubai | UAE | UAE | Finance |
21 | Hana Al Rostamani | Group CEO, First Abu Dhabi Bank | UAE | UAE | Finance |
22 | Essa Kazim | Governor, DIFC/Chairman, DFM | UAE | UAE | Finance |
23 | Saeed bin Mohammed Al Ghamdi | Managing director and Group CEO, Saudi National Bank | KSA | KSA | Finance |
24 | Mohamed Salah | Footballer, Liverpool FC | Egypt | UK | Sports |
25 | Ahmed Aqeel Al-Khateeb | Chairman, Saudi Tourism Authority | KSA | KSA | Tourism |
26 | Mohamed bin Issa Al Jaber | Chairman and CEO, MBI International | KSA | Austria/ UK | Diversified |
27 | Mohamed Khalifa Al Mubarak | Chairman, Department of Culture and Tourism – Abu Dhabi/ Aldar Properties | UAE | UAE | Diversified |
28 | Sarah Al Suhaimi | Chairperson, Tadawul | KSA | KSA | Finance |
29 | Majid Al Futtaim | Founder, Majid Al Futtaim | UAE | UAE | Diversified |
30 | Dr Raja Easa Al Gurg | Vice chairperson and managing director, Easa Saleh Al Gurg Group | UAE | UAE | Diversified |
31 | Omran Sharaf | Project director, Emirates Mars Mission | UAE | UAE | Science and Technology |
32 | Mohamed Mahmoud Al Khaja | UAE Ambassador to Israel | UAE | UAE | Diplomacy |
33 | Khalaf Al Habtoor | Founding chairman, Al Habtoor Group | UAE | UAE | Real Estate |
34 | Sheikha Al Mayassa bint Hamad bin Khalifa Al Thani | Chairperson, Qatar Museums | Qatar | Qatar | Culture and Society |
35 | Fahad Al Mubarak | Governor, Saudi Central Bank | KSA | KSA | Finance |
36 | Mohammed Alshaya | Executive chairman, Alshaya Group | Kuwait | Kuwait | Retail |
37 | Mohammed Abdul Latif Jameel | Chairman and CEO, Abdul Latif Jameel | KSA | KSA | Diversified |
38 | Sheikh Sulaiman bin Abdulaziz Al Rajhi | Co-founder, Al Rajhi Bank | KSA | KSA | Finance |
39 | Mohamed Mansour | Co-chair, Mansour Group | Egypt | UK | Diversified |
40 | HH Prince Naif bin Sultan bin Mohammed bin Saud Al Kabeer | Chairman, Almarai | KSA | KSA | FMCG |
41 | Kutayba Yusuf Alghanim | Executive chairman, Alghanim Industries | Kuwait | Kuwait | Diversified |
42 | Mohammad Saud Al-Osaimi | CEO, Boursa Kuwait | Kuwait | Kuwait | Finance |
43 | Bader Nasser Al-Kharafi | Vice chairman and CEO, Zain Group | Kuwait | Kuwait | Telecoms |
44 | Khalid Al Rumaihi | CEO, Mumtalakat | Bahrain | Bahrain | Finance |
45 | HH Reema bint Bandar Al Saud | Saudi ambassador to the US/ Member of IOC Committee | KSA | KSA | Diplomacy |
46 | Olayan Mohammed Alwetaid | Group CEO, Saudi Telecom Company | KSA | KSA | Telecoms |
47 | Nassef Sawiris | Executive chairman, OCI/Co-owner and chairman, Aston Villa FC | Egypt | Egypt | Industry/ Sport |
48 | Faisal Al Bannai | CEO and managing director, Edge | UAE | UAE | Science and Technology |
49 | Nayla Hayek | Chairperson, Swatch Group/ CEO, Harry Winston | Lebanon/ Switzerland | Switzerland | Retail |
50 | Mohammed bin Mahfoodh Alardhi | Executive chairman, Investcorp | Oman | Oman | Finance |
51 | Hatem Dowidar | CEO, Etisalat group | Egypt | UAE | Telecoms |
52 | Nadeen Ashraf | Activist | Egypt | Egypt | Culture and Society |
53 | Naguib Sawiris | Chairman and CEO, Orascom Investment Holding | Egypt | Egypt | Diversified |
54 | Sheikh Abdullah bin Bayyah | Chairman, UAE Fatwa Council | Mauritania | UAE | Culture and Society |
55 | Akbar Al Baker | Group CEO, Qatar Airways | Qatar | Qatar | Aviation |
56 | Hamad Buamim | President and CEO, Dubai Chamber of Commerce and Industry | UAE | UAE | Diversified |
57 | Mohammed Al Barwani | Chairman, MB Holding/Oman Air | Oman | Oman | Diversified |
58 | Aziz Aluthman Fakhroo | Chairman, Ooredoo | Qatar | Qatar | Telecoms |
59 | Adel Ali | Group CEO, Air Arabia | Bahrain | UAE | Aviation |
60 | Elie Saab | Fashion designer | Lebanon | Lebanon | Culture and Society |
61 | Jassim Alseddiqi | Group CEO, Shuaa Capital | UAE | UAE | Finance |
62 | Reema Juffali | Racing driver | KSA | KSA | Sports |
63 | Hesham Al Qassim | CEO, Wasl Asset Management | UAE | UAE | Real Estate |
64 | Badr Jafar | CEO, Crescent Enterprises | UAE/Iraq | UAE | Diversified |
65 | Abdulla Jassem Kalban | Managing director, Emirates Global Aluminium | UAE | UAE | Industry |
66 | Ala’a Eraiqat | Group CEO, ADCB | UAE | UAE | Finance |
67 | DJ Khaled | Musician | Palestine/US | US | Culture and Society |
68 | Mishal Kanoo | Chairman, Kanoo Group | Bahrain/UAE | UAE | Diversified |
69 | Sheikh Thani Bin Abdullah Al-Thani | Founder, Ezdan Holding/Philanthropist | Qatar | Qatar | Diversified |
70 | Sayyida Rawan Ahmed Al Said | CEO, Takaful Oman | Oman | Oman | Finance |
71 | Tarek Sultan | CEO and vice chairman, Agility | Kuwait | Kuwait | Logistics |
72 | Haifa Al Khaifi | CEO, Energy Development Oman | Oman | Oman | Energy |
73 | Ronaldo Mouchawar | Co-founder, Souq.com/Vice president, Amazon MENA | Syria | UAE | Retail |
74 | Dr Amina Al Rostamani | COO, AW Rostamani Group | UAE | UAE | Diversified |
75 | Ghaith Al Ghaith | CEO, Flydubai | UAE | UAE | Aviation |
76 | Rashida Tlaib | US Congresswoman | Palestine/US | US | Politics |
77 | Murshed Al Redaini | Group CEO, Yas Holding | UAE | UAE | Diversified |
78 | Othman Benjelloun | Chairman and CEO, Bank of Africa | Morocco | Morocco | Finance |
79 | Fadi Ghandour | Executive chairman, Wamda/ Co-founder, Aramex | Jordan | UAE | Finance |
80 | Mohammad Abu Ghazaleh | Chairman and CEO, Fresh Del Monte | Palestine/US | US | FMCG |
81 | Fahad bin Hussein Al Sudairi | CEO, Saudi Electricity Company | KSA | KSA | Energy |
82 | Hussain Sajwani | Chairman, Damac Properties | UAE | UAE | Real Estate |
83 | Munib Al Masri | Chairman and founder, Edgo Group | Palestine | Palestine | Diversified |
84 | Issam Kazim | CEO, Dubai Corporation for Tourism and Commerce Marketing | UAE | UAE | Tourism |
85 | Mona Almoayyed | Managing director, YK Almoayyed & Sons/Chairperson, Edbaa Bank | Bahrain | Bahrain | Diversified |
86 | Rami Malek | Actor | Egypt/US | US | Culture and Society |
87 | Ons Jabeur | Tennis player | Tunisia | Tunisia | Sports |
88 | Mohammed Al Amoudi | Owner, MIDROC | KSA/Ethiopia | KSA | Diversified |
89 | Shaikha Al Bahar | Deputy group CEO, National Bank of Kuwait | Kuwait | Kuwait | Finance |
90 | Nezha Hayat | Chairperson and CEO, Moroccan Capital Market Authority | Morocco | Morocco | Finance |
91 | Khalid Al Ameri | Social media influencer | UAE | UAE | Culture and Society |
92 | Ibrahim Al-Omar | Director general, Saudia | KSA | KSA | Aviation |
93 | Dr Hayat Sindi | Scientist | KSA | KSA | Science and Technology |
94 | Nour El Sherbini | Squash player | Egypt | Egypt | Sports |
95 | Huda Kattan | Founder, Huda Beauty | Irag/US | UAE | Culture and Society |
96 | Sultan Sooud Al Qassemi | Founder, Burjeel Art Foundation | UAE | UAE | Culture and Society |
97 | Salwa Idrissi Akhannouch | Founder and CEO, Aksal Group | Morocco | Morocco | Real Estate/ Retail |
98 | Farah Nabulsi | Filmmaker | Palestinian/ British | UK | Culture and Society |
99 | Amna Al Qubaisi | Racing driver | UAE | UAE | Sports |
100 | Muna AbuSulayman | Media personality | KSA | KSA | Media |