Page 28 - SALIK PR REPORT ENGLISH AUGUST 2024

Top CEOs 2024

Our fourth annual list of the top 100 CEOs in the Middle East features many leaders whose
influence extends far beyond normal business parameters. In this region, the government is
often one of the biggest shareholders in the largest organizations, so while the business
heads are committed to creating value for shareholders and other financial metrics, they
also align with national interests and goals.
Many of the CEOs on our list also hold influential roles in government institutions. Out of
the top 10 leaders, nine are from companies where the majority stake is owned directly or
indirectly by the government. Some of those companies, including Aramco, ADNOC, and
Qatar Energy, are among the biggest sources of revenue for their respective countries. Two
entries in the top 10 are also government ministers and another two are members of royal
families.
Our list of MENA’s most prominent CEOs in 2024 recognizes their achievements and the
success of the companies they lead. It includes leaders from diverse sectors, including oil
and gas, banking, telecommunications, and real estate. Many of these CEOs have steered
their companies through challenging times, leveraging technology and sustainability to
enhance efficiency and competitiveness. They have also played a key role in diversifying
the region’s economies and positioning MENA as a global business hub. This year’s list
features the CEO of the world’s largest oil company, the CEO of the world’s largest LNG
producer, and the CEO of the largest international airline among others.
The top 100 CEOs include leaders from 19 nationalities. Emiratis dominate with 27 entries,
followed by Egyptians with 21 and Saudis with 14. This is a positive sign for localization,
with most large companies now headed by local executives. The banking sector has the
most entries, with 19, followed by real estate with 10, reflecting the boom in the sector
over the last two years.

https://www.forbesmiddleeast.com/lists/top-ceos-2024/