Top CEOs 2023 – Forbes Lists

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Many Middle East-based CEOs have more power and responsibilities than CEOs in other regions as they head companies that are monopolies or duopolies in the Arab world and market leaders globally. This phenomenon is partly due to GCC countries investing their sovereign wealth into large domestic businesses. The region’s biggest banks, telecoms, industrial, oil and gas, mining, and even hospitality companies are owned by the government. This makes the role of the CEO even more challenging. As well as managing a profitable business, the CEO also needs to focus on the vision of the government. Many of these leaders also head government bodies, and some are also ministers or cabinet ministers.

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