Forbes Middle East, a reputable business publication, has unveiled its list of the top 100 CEOs in the Middle East for the year 2024, in recognition of their contributions to the success of the organizations they head.
The President and CEO of Saudi Aramco, Amin H. Nasser, has topped the ranking for the fourth consecutive year. This accomplishment underscores Nasser’s success as a CEO of one of the world’s largest oil companies.
Moreover, it highlights his efforts to harness technology and innovation to enhance Aramco’s efficiency and competitiveness, and underlines the company’s role in diversifying the Kingdom’s economy and positioning it as a global business hub in line with Vision 2030.
The Forbes Middle East’s Top 100 CEO list features leaders from 19 nationalities. Emiratis lead with 27 leaders, followed by Egyptians with 21 and Saudis with 14.
Together, these three nationalities make up 62% of the ranking, in a positive indicator that localization is gaining momentum in the region as local executives now lead most large companies.
After Aramco’s Nasser, ADNOC Group’s CEO, Sultan Al Jaber, comes in the second place, followed by the Chairman and Chief Executive of Emirates Airline and Group, Ahmed bin Saeed Al Maktoum.
The Deputy Chairman, President and CEO of QatarEnergy, Saad Sherida Al-Kaabi, ranks fourth, while IHC’s CEO and Mananging Director, Syed Basar Shueb, comes in the fifth place.
In the fourth annual list of the Top 100 CEOs in the Middle East, Forbes Middle East took into consideration several metrics to evaluate the CEOs. These metrics included the CEO’s achievements and innovations over the past year, their company’s size, as well as their impact on their company and the wider industry.