Emiratis dominate Forbes’ list of Top 100 CEOs in Middle East

Emiratis dominate Forbes’ list of Top 100 CEOs in Middle East

ABU DHABI - Emiratis dominated this year’s list of the Top 100 CEOs in the region, with Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and Managing Director and Group CEO of the Abu Dhabi National Oil Company (ADNOC), and H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority, Chairman of Dubai Airports and Chairman and Chief Executive of Emirates Airline and Group, coming second and third respectively.

According to Forbes, this year’s list consists of leaders from 26 nationalities. Banking and financial services is the most represented sector on the list with 27 CEOs, followed by eight telecom CEOs, and seven that each head energy and logistics companies. Combined, they managed revenues of over $1 trillion last year. Their companies are collectively worth more than $5 trillion.

Forbes said it ranked the selected CEOs based on the impact that they have had on the region, their country, and the markets that they serve; the CEO’s overall experience and time in their current role; the size of the company in terms of revenues, assets, and market cap; the achievements and performance of the CEO in the last year; and the innovations and initiatives that