Home lists Top 100 most powerful Arabs 2022 Munib Al Masri Chairman and founder, Edgo Group Origin: Palestine Residence: Palestine Sector: Diversified Munib Al Masri, the chairman and founder of Edgo Group and a philanthropist, is respected for his continuing support to advance the economic and social development of the state of Palestine. In March, Masri signed an agreement with the Doha-based Organisation of Islamic Cooperation Humanitarian Funds to establish the Qudsna Endowment Foundation and cooperate on humanitarian and development projects in Jerusalem. Masri is vice chairman of the board of directors of Qudsna. The foundation aims to support education, sponsor students and promote economic empowerment. Additionally, the Munib R. Masri Development Foundation supports projects in Palestine and throughout the world. The Edgo Group, which Masri set up with his wife Angela in 1956, continues to deliver integrated service solutions to the energy markets in 23 countries across the Middle East, Africa and Asia. He is also co-founder and chairman of Palestine Development and Investment Company.