Forbes Middle East - English - June 2023
Forbes Middle East - English - June 2023
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In this issue
Forbes Middle East - June 2023 - English
Meet Mo Salah, The World's Highest-Paid Arab Athlete
With $53 million in total earnings, Egypt's Mohamed Salah ranked as the highest-paid Arab athlete on Forbes' 2023 list of the World's Highest-Paid Athletes. Here's a glimpse into the life of the legendary sportsman
1 min
MENA Tourism Startups
MENA startups attracted $1.1 billion in funding in Q1 2023, according to Wamda, with the travel-tech sector accounting for $9 million. Here are four regional travel startups revitalizing the market
2 mins
5 Retail Giants Filing For Bankruptcy In 2022
Between growing debt, dwindling sales, inflation, and changing customer preferences, many retailers have become vulnerable. Here's a look at some retail giants that filed for bankruptcy in 2022
2 mins
MOVING FORWARD
Rami El-Dokany, Executive Chairman of the Egyptian Exchange and Secretary General of the Arab Federation of Capital Markets, has been overseeing the North African country's stock exchange as the economy struggles. Still, he's been striving to reposition EGX as a leading stock market regionally
7 mins
GOLD RUSH
Ahmed Bin Sulayem, Executive Chairman and CEO of the Dubai Multi Commodities Centre (DMCC), has been with the sprawling free zone since it was established and has witnessed it grow to become the world's biggest physical gold market. While he's opening up to new trade, he's still betting big on the yellow metal
6 mins
THE MIDDLE EAST'S TOP 100 LISTED COMPANIES 2023
At this time of high inflation and global unrest, stock markets have been under pressure, with the MENA region not immune to the trajectory. In 2023, the aggregate market value of the Middle East’s Top 100 Listed Companies has decreased marginally by 5%, from $4 trillion in 2022 to $3.8 trillion
3 mins
BANKING BOOM
U.A.E.-based bank Mashreq saw its profits hit $1 billion in 2022, leading a booming year for the country's banks. Group CEO, Ahmed Abdelaal, is looking to tech and talent for future growth
6 mins
EGYPT'S TOP 50 LISTED COMPANIES 2023
Events last year, including Russia’s invasion of Ukraine and the rising rate of inflation, put Egypt’s economy in severe trouble, leading to a foreign currency dry-up
4 mins
Forbes Middle East - English Magazine Description:
Publisher: Forbes Middle East
Category: Business
Language: English
Frequency: Monthly
Forbes Middle East is here to fill the vacuum for credible, original and intelligent journalism. Forbes Middle East's Arabic and English versions will reach out to all senior business executives and aspiring individuals who want to succeed!
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