CATEGORIES

The World’s 5 Biggest Banks In 2022

There were 292 banks on the Forbes Global 2000 list for 2022. They held collective assets worth $113 trillion—over 19% of which belong to the top five. With $22 trillion in combined assets as of April 2022, here are the world’s top five banking titans.

SUSTAINING GROWTH

Ahmed El-Hoshy, CEO of fertilizer exporter Fertiglobe and producer OCI N.V., has a couple of issues on his mind: maximizing supply to a world on the brink of a global food security crisis and minimizing its impact on the environment. As Fertiglobe's market cap more than doubles, it seems to be in hand.

Naladhu Private Island Maldives

When I hear the phrase “the perfect getaway,” the image that immediately flashes to my mind is one of deep blue oceans, golden sand, and the sound of waves crashing against a shore.

Top 5 Countries Most Interested In NFTS

The market for non-fungible tokens (NFTs) is in its infancy, but many investors have been quick to jump on the bandwagon. Total NFT sales between the start of January and end of April 2022 stood at $37 billion, according to a report from blockchain analysis firm Chainalysis, compared with $40 billion for the whole of 2021. Here are the top five countries that made the most NFT-related searches between June 2021 and May 2022, according to the NFT Club.

TOP 100 CEOs IN THE MIDDLE EAST 2022

Irrespective of the economic environment, market conditions, and other factors, it is the CEO who bears most of the responsibility for the success or failure of the company they lead.

OLD UNICORN NEW TRICKS.

Billionaire brothers John and Patrick Collison built Stripe into one of the world's most-hyped, highest valued - and profitable! - startups, worth some $95 billion. Now they must stave off going from disruptor to disrupted.

NEW CHAPTER

Dana Nasser Al Sabah, Group CEO of the Kuwait Projects Company (Holding)-KIPCO- had a tough job ahead of her when she took the role at the beginning of the year. As she leads the company through a vital new merger, she's looking to further M&A activity to boost the company's performance.

FACILITATOR

In a region that seems eternally under construction, the potential for growth in the facility management sector increases with every new building opened. Under Group CEO Tariq Chauhan, Dubai's EFS is becoming a key playe serving multinationals and governments across MEA, Turkey, and South Asia.

CEOs Of MENA's Biggest Wealth Funds

Meet the heads of the region's most successful and asset-rich sovereign wealth funds. We compiled this list based on the size of the fund (according to data from the Sovereign Wealth Fund Institute), the strategic importance of its portfolio to the country, and the prominence of the fund's CEO.

A LEAGUE OF THEIR OWN

Tiger Woods and LeBron James are the first athletes to become billionaires while still active in their sport-paving the way for a new generation of player-tycoons.

10 Notable CEO Appointments In H1 2022

Here are 10 companies that have appointed new CEOs in the first half of 2022 to help get them through a challenging post-pandemic era.

Top 5 Arab Companies On Forbes Global 2000

On this year's Global 2000 list by Forbes-a ranking of the largest 2,000 companies in the world based on assets, profits, revenues, and market value-41 companies featured from MENA. Here are the top five.

TOP 50 LISTED COMPANIES IN EGYPT 2022

TOP COMPANIES IN EGYPT

THE MIDDLE EAST'S TOP 100 LISTED COMPANIES 2022

While the global economy feels the pressure of unprecedented inflation and the economic unrest caused by the ongoing war in Ukraine, the Middle East's listed companies have been outperforming, with the top 100 listed companies pocketing $201.7 billion in total net income during 2021, an increase of over 121% compared to $91 billion in total net income in 2020.

Sofitel Le Scribe Paris Opéra

Deep in the heart of the Opera district in Paris sits one of the city's most historic hotels.

These Middle East-Based Firms Listed On Foreign Exchanges In Q1 2022

Several Arab companies are tapping into the booming trend of blank-check companies as they seek a faster road to public trading with less regulatory scrutiny than a traditional IPO.

Egyptian Blue Chips Riding The Storm

As Egypt faces an economic crisis, these three Egyptian companies are growing regardless.

ROADMAP FOR REFORM

Jean-Christophe Durand, CEO of the National Bank of Bahrain, is leading the bank through a transformative time. As Bahrain invests in expanding its economy, financial services, and net-zero goals, NBB is seeing its profits rise as it aims its focus firmly at the future.

METAL RUSH

Although he's been at the helm for little more than two and a half years, Ali Al Baqali, CEO of Alba, has seen the company's performance go from loss-making in 2019 to ground-breaking in 2021. Now he's focusing on a new ESG roadmap to lead one of Bahrain's biggest companies to a greener future.

MARKET MOVER

Since he became CEO and Managing Director in 2019, Syed Basar Shueb has overseen a remarkable period of growth for Abu Dhabi's International Holding Company, resulting in a market cap of $140 billion and making it the most valuable company in the U.A.E. Not bad going for someone who started with the group working in IT.

Ambition

"Character cannot be developed in ease and quiet.

The Super Rich Planning Super Lifespans

Besides collecting art, philanthropy, and real estate investments, some billionaires also use their fortunes to channel millions into a less-common investment plan—life extension. Here’s how some of the world’s richest have been planning for a longer future. Net worths are as of April 10, 2022.

THE MONEY CLASSROOM

With her financial comparison website and accompanying education program now acquired by SHUAA Capital, Ambareen Musa, Founder and CEO of Souqalmal, is onto her next challenge. She’s on a mission to revolutionize regional financial literacy by building a multipurpose on-demand platform.

World's Top 5 Richest Millennials

While elder millennials are now entering their 40s, they are still among the youngest billionaires in the world. Here are the five richest millennials—that is those born between 1981 and 1996—from Forbes’ World’s Billionaires 2022. Net worths were calculated as of March 11, 2022.

Four Seasons Hotel George V

Springtime in Paris is a refreshing experience for a traveler from the Middle East. Bitingly cold at times but awash with blue skies and sunshine (apart from the odd, unexpected flurry of snow or sprinkling of showers), it’s a lovely time of year to explore the city’s bustling streets and famous cultural sites.

TURNING DOWN THE HEAT

Doaa Gawish, Founder of The Hair Addict, has built a thriving community as well as a successful business. As she expands her products across the GCC, she's also educating consumers on how to love and embrace their natural and curly hair.

How Women Are Investing Wealth

Studies are showing that women around the world are getting richer and more financially savvy, and as they do so their influence on global economies is also growing.

Forbes Under 30 Forum

In March, a global cohort from the Forbes’ Under 30 community gathered at the World Government Summit 2022 at Expo 2020 Dubai. Participating in a number of panels throughout the two-day event, the entrepreneurs gave their insights into tackling some of the world’s most pressing issues.

6 Lesser-Known Women Billionaires Behind Successful Brands

Besides collecting art, philanthropy, and real estate investments, some billionaires also use their fortunes to channel millions into a less-common investment plan— life extension. Here’s how some of the world’s richest have been planning for a longer future. Net worths are as of April 10, 2022.

BOTTOM LINE

Hannah Curran, Founder of U.A.E. nappy and wipes brand PureBorn, is building a global business by tapping into demand for eco-friendly baby products.