< Previous80 May 2024 100 MOST INFLUENTIAL ARABS 2024 During his tenure at Saudi Aramco, Al Nasr demon- strated exceptional skill and dedication, gradually advancing through the ranks, and taking on increasingly key roles within the organisation. His robust experience in steering major projects and leading teams to success solidified his reputa- tion as a proficient and strategic leader in the engineering field. Noteworthy among his accom- plishments is his role in overseeing the successful execution of significant projects that played a crucial role in shaping the energy landscape of the kingdom. As the interim president of the prestigious King Abdullah University of Science and Technology, Al Nasr showcased his ability to navigate complex academic environments, fostering innovation and excellence within the institution. His stint at KAUST further enriched his leadership acumen and honed his visionary approach towards driving progress and growth. Taking on the leadership of NEOM in July 2018 marked a significant milestone in Al Nasr’s illustrious career. His appointment to spearhead the visionary NEOM project, a pioneering initiative that aims to reshape and redefine the future of sustainable development on a global scale, high- lights his strategic vision, foresight, and capacity to drive large-scale transformative projects. Al Nasr’s journey, from his humble beginnings post-grad- uation from King Fahd University of Petroleum & Minerals to becoming a respected figure in the fields of engineering and leadership, is a testament to his unwavering commitment to excellence, innovation, and creating a lasting impact in every role he undertakes. His wealth of experience and exper- tise continue to position him as a trailblazer in the industry, driving change in engineering and development. Key projects At Saudi Aramco, he spearheaded prestigious projects, start- ing with the monumental master gas system and followed by assignments on the refinery programme, Southwest Refinery, and Ras Tanura Refinery. Al Nasr’s managerial prowess was evident in overseeing the Ghawar oil field capital programmes, including the successful completion of the Ghawar oil field crude expansion programme in 1993. His exceptional performance led to his promotion as manager of oil and gas pipeline projects at Saudi Aramco. REAL ESTATE NADHMI AL NASR CEO NEOMarabianbusiness.com 81 100 MOST INFLUENTIAL ARABS 2024 Noteworthy among his accomplishments was his leadership on the Shaybah Development Programme, completed a year ahead of schedule and below budget by 1998. This project, the Shaybah mega-project, stands as a testament to Al Nasr’s leadership and proficiency, is recognised as one of Saudi Aramco’s prime achievements. In a significant turn of events in July 2018, Al Nasr was appointed by Prince Mohammed bin Salman bin Abdulaziz, NEOM’s chairman, to lead the ground-breaking NEOM project. Supported by the Public Investment Fund (PIF), NEOM is a visionary $500bn giga-project aimed at shaping the future of KSA’s economic landscape. Al Nasr’s strategic vision and proven track record position him as a key figure driving this transformative project towards success and global recognition. Where landscape meets sea The name NEOM signifies a vision of a ‘new future’, destined to establish itself as an innovative economic model for not only the country but also the global arena. The project is well underway, with the initial destinations set to launch in 2024. The development is being implemented in phases, including the initiation of OXAGON's residential phase in 2024 and the transformation of TROJENA into a multi-functional area for living, working, and leisure activities by 2026. Additionally, the first modules of THE LINE will be operational by 2026, with a projected population of 1 million residents in NEOM by 2030, anticipated to grow to nine million by 2045. In March 2024, the board of directors at NEOM revealed Treyam, an exclusive resort situated at the meeting point of the striking desert landscape and the sea. Treyam represents the newest addition to the NEOM project that is positioned at the entrance of one of the stunning azure lagoons at the southern extremity of the Gulf of Aqaba. Its innovative design creates a picturesque sunset-like effect from a NEOM is a $500bn giga-project aimed at shaping the future of KSA’s economic landscape distance, offering panoramic views of the tidal lagoon beneath and endless skies above, seamlessly blending with the land- scape while preserving the coastal ecosystem. Innovative solutions for challenges King Abdullah University of Science and Technology (KAUST), in partnership with NEOM, have unveiled the inaugural nursery of the KAUST Coral Restoration Initiative (KCRI). KCRI represents the world's most extensive coral restoration undertaking, with a global mission to renew coral reefs. The primary nursery is now operational, and a second- ary facility is in progress, situated on the Red Sea coast. This pioneering pilot establishment will serve as the model for expansive coral restoration efforts, including the world's most extensive and sophisticated land-based coral nursery project. The initiative is set to culminate by Decem- ber 2025. In April 2024, Marriott International revealed its collab- oration with NEOM to launch its second Ritz-Carlton Reserve in KSA. This forthcoming upscale accommodation is slated to debut in Trojena, an all-season mountain retreat nestled in the north western part of the nation. The resort is expected to offer 60 expansive one-to-four-bedroom villas along with an array of amenities, encompassing a spa, swim- ming pools, and diverse culinary venues. Trojena, a flagship development within NEOM, is evolving as a year-round hub for adventure sports, featuring skiing, water pursuits, hiking, and mountain biking. The integrated development blueprint comprises apart- ments, chalets, retail outlets, dining establishments, enter- tainment venues, leisure facilities, sports amenities, and hospitality enclaves, including a W Hotel and a JW Marriott Hotel. The Ritz-Carlton Reserve currently includes only six exclusive properties worldwide, positioned in destinations such as Thailand, Indonesia, Puerto Rico, as well as Mexico.82 May 2024 100 MOST INFLUENTIAL ARABS 2024 In 2018, Kattan-Elamin embarked on an entrepreneurial venture, establishing Kayali as the inaugu- ral sub-brand under the umbrella of Huda Beauty. This marked the commencement of a new chapter in her career, with a specific focus on perfume manufacturing. Between 2022 and 2023, Kayali distinguished itself within the fragrance industry by launch- ing an impressive line-up of 10 new fragrances, showcasing the brand’s commitment to innovation and excellence. Kattan-Elamin’s business approach is notably influenced by social media, through which she has effectively cultivated an engaged community, amassing over four million followers across various platforms. She also made an appearance in Dubai Bling on Netflix during its second season which commenced in January 2023. Since December 2017, she has served with distinction as co-founder, president, and board member of HB Investments in Dubai. The company's diverse investment portfolio includes Kitopi, a comprehensive cloud kitchen network; Uptime, an application delivering succinct insights; Fresha, a refined tool for salon reservations; Humantra, a brand offering wellness supplements; The Luxury Closet, a high-end consignment platform for luxury goods; Mane Addicts, purveyors of hair care essentials; Florawnow, a leading B2B floral marketplace in the region; and Urbanic, an internationally recognised fash- ion label. Kattan-Elamin’s involvement in various capacities, includ- ing as an advisory board member at The Retail Summit since August 2023, a board member and partner at Heroine Sport since May 2023, and a creative council board member at Waldencast since the same period, highlight her diverse contri- butions to the business landscape. Furthermore, her member- ship in the YPO UAE chapter underscores her engagement with a global community of chief executives. About Kayali Kattan-Elamin has nurtured a lifelong passion for fragrances, a passion that became the cornerstone of her journey as an entrepreneur. After achieving success with the launch and expansion of Huda Beauty alongside her sister Huda in 2013, she delved into the creation of her own brand, Kayali, in 2018. Together, Huda Beauty, Kayali, and Wishful, the latter focusing on skincare, form the beauty empire built by the Kattan sisters. The introduction of Kayali brought forth a collection of four scents under Collection 01, aimed at promoting the Arabic art of fragrance layering. These unique fragrances include VANILLA 28, CITRUS 08, MUSK 12, and ELIXIR 11. Kayali, meaning ‘My Imagination’ in Arabic, positions itself as an accessible luxury niche fragrance brand blending Middle Eastern heritage with Kattan-Elamin’s American upbringing. The brand ethos revolves around empowering individuals to feel regal through self-love and fragrance, emphasising Kayali’s commitment to providing exceptional scent experiences to a worldwide audience. RETAIL MONA KATTAN Co-founder and Global President Huda Beauty Founder Kayaliarabianbusiness.com 83 100 MOST INFLUENTIAL ARABS 2024 BANKING NADIR AL KORAYA President and CEO Riyad Bank A l Koraya holds the distinguished position of pres- ident and CEO at Riyad Bank, a prominent finan- cial institution ranked as the fifth largest bank in the GCC region, boasting an impressive asset value exceeding $100bn. His leadership at Riyad Bank has been instrumental in steering the bank towards a trajectory of growth, innovation, and customer-centricity. Al Koraya’s key role in the strategic transformation of Riyad Bank has contributed to its reputation as one of the region’s fastest-growing and most dynamic financial entities. Prior to assuming the position of CEO, he excelled as the chief treasury and investment officer, orchestrating compre- hensive overhauls in funding mechanisms, capital manage- ment, asset and liability management, product development, and investment strategies, catalysing Riyad Bank’s excep- tional expansion. With a wealth of experience spanning over three decades in both KSA and global financial markets, Al Koraya’s journey began at Samba Financial Group, where he honed his exper- tise within treasury management before transitioning to Riyad Bank as the chief treasury and investment officer in 2014. Beyond his leadership remit at Riyad Bank, Al Koraya actively contributes to the broader financial landscape as the chairman of the board at Jeel Innovation Digital Company, a board member of Riyad Capital, and a member of the Master- card Middle East and Africa Advisory Board. His diverse portfolio showcases a commitment to fostering innovation and excellence across various sectors within the financial realm. About Riyad Bank Riyad Bank stands out as one of the premier financial institutions in KSA and the wider Middle East region. Their illustrious history traces back to 1957, highlighting a legacy of excellence and financial prowess. A cornerstone of their success lies in their dedicated and proficient workforce, comprising over 7,887 professionals who embody excellence and commitment. With an emphasis on nurturing local talent, Riyad Bank boasts an impressive national employment rate of 96 percent, positioning them as a vital contributor to the Saudi employment ecosystem. Renowned for their pioneering role in finance and invest- ment across KSA, Riyad Bank has garnered acclaim as a lead- ing financier and arranger of syndicated loans, particularly in pivotal sectors such as oil, petrochemicals, and key infrastruc- ture projects crucial to the kingdom’s development. As per the official website, their expansive network of 335 licensed branches, coupled with over 227,740 POS terminals and 2,200 strategically located ATMs, ensures convenient access to their services for customers across the kingdom. Recognising the importance of global connectivity, Riyad Bank maintains a presence in London, alongside offices in Houston and Singapore, catering to the international banking require- ments of their clients operating beyond Saudi borders. Red Sea Global has finalised a financing agreement worth $522m with Riyad Bank, paving the way for the progression of the Four Seasons Hotel project on Shura Island in KSA. Anticipated to unveil its luxurious accommodations compris- ing 159 hotel units, the property is slated to open in early 2025.84 May 2024 100 MOST INFLUENTIAL ARABS 2024 Abdulkareem brings a wealth of diverse experience spanning over two decades in the bank- ing sector, culminating in his appointment to his current role in late 2020. Prior to assuming his current position, he held key leadership roles on the boards of prominent financial insti- tutions, including HSBC Saudi Arabia and SABB Takaful. His multifaceted career includes serving as a member of the Board of Directors at SIMAH and HSBC Saudi Arabia, chairing the board of directors at SABB Insurance Agency, and contributing as the deputy managing director of Personal Banking and Wealth Management at SABB. Additionally, Abdulkareem's affiliations extended to roles as a board member and executive committee member at Sanid and SABB Takaful, reflecting a deep-rooted commit- ment to shaping the strategic direction and performance of reputable financial entities. His extensive track record show- cases a blend of strategic foresight, industry acumen, and leadership prowess that has undoubtedly left an indelible mark on the banking landscape. Through a spectrum of key roles and contributions, he has exhibited a steadfast dedication to driving innovation, fostering growth, and propelling organi- sational excellence within the financial realm. About Bank AlJazira (BAJ) With a market value of $4.3bn, Bank AlJazira (BAJ), estab- lished in 1975, stands as a prominent provider of Sharia-com- pliant banking services throughout KSA. Noteworthy devel- opments include the issuance of a SAR-denominated additional Tier 1 sukuk amounting to $533.3m, constituting part of a larger $1.3bn additional Tier 1 Capital Sukuk programme in June 2023. In the financial realm, BAJ displayed robust performance in 2023, reporting total assets worth $34.5bn. This financial snapshot underscores BAJ's strategic moves to bolster its capital structure and operational capacity, positioning it for sustained growth and resilience in the evolving banking land- scape. To address the challenges posed by its rapid growth and the expansion of online services in 2022, BAJ made the strategic decision to enhance its network infrastructure by implementing Huawei SD-WAN. By leveraging Huawei's SD-WAN technology, the bank aimed to boost overall effi- ciency in delivering banking services, lower Operations and Maintenance (O&M) expenses and enhance user experiences for both online and in-branch interactions. On 25 April 2024, in Middle East markets, specifically Saudi Arabia equities, the shareholders of BAJ approved an increase in the lender’s capital from $2.1bn to $2.7bn, as disclosed on the bourse. This capital enhancement will entail the capitalisation of $546m from the statutory reserve account through the issuance of one bonus share for every four existing shares. Consequently, the expanded capital will be divided into 1.02 billion shares, up from the previous 820 million shares. Earlier in January, board members had proposed a 25 percent augmentation of capital to fortify the bank’s capital structure, aligning with its strategic objectives. BANKING NAIF AL ABDULKAREEM CEO and Managing Director Bank AlJazira (BAJ)arabianbusiness.com 85 100 MOST INFLUENTIAL ARABS 2024 ENTREPRENEURSHIP NAJLA AL MIDFA CEO Sharjah Entrepreneurship Centre (Sheraa) Having joined Sheraa in 2015, Al Midfa transitioned to her current role in 2018, where she supervises a team of 48 employees tasked with nurturing the entrepreneurial ecosystem in Sharjah. Under her leadership, Sheraa has cultivated a diverse portfolio of more than 150 startups, securing approximately $161m in invest- ment and generating over 1,600 job opportunities. Alongside her key role at Sheraa, Al Midfa holds board positions at prestigious institutions including the United Arab Bank, Emirates Development Bank, Sharjah Research, Technology, and Innovation Park, Dana Gas, and Emirates Schools Establishment. This multifaceted engagement underscores her extensive expertise and commitment to fostering innovation, economic growth, and educational development within the UAE. About Sheraa Sheraa, which means “to sail” in Arabic, is a flagship endeavour in Sharjah dedicated to fostering a robust ecosystem for entre- preneurship and innovation. Having nurtured over 160 start- ups since its inception, Sheraa is ambitiously looking to elevate this number to surpass 200 in the upcoming year. While this figure represents the start-ups directly supported by Sheraa, the organisation's broader network encompasses a diverse array of companies. With innovation hubs situated at esteemed institu- tions like the American University of Sharjah and the University of Sharjah, Sheraa serves as a major driving force for entrepreneurial growth and innovative breakthroughs in the region. On 29 March 2024, Sheraa launched their Centres of Excellence (CoEs) with the goal of stimulating and promoting multifaceted economic development in the region. These CoEs are set to redefine the landscape of entrepreneurial growth and innovation across key, future-focused sectors including manufacturing, edtech, creative industries, and sustainability. Through a strategic vision, the CoEs will empower start-ups to drive development and growth in the four key sectors through strategic partnerships. Providing market access facilitation and impactful assessments, the initi- ative aims to revolutionise the support system for start-ups and catalyse a dynamic and forward-thinking entrepreneurial ecosystem in Sharjah. Each centre aligns with key partners to maximise their impact. The Manufacturing CoE is championed by the Ministry of Industries and Advanced Technology and has onboarded the Sharjah Chamber of Commerce and Industry and Emirates Development Bank (EDB) to support the start- ups with market access and financing. The Creative Industries CoE is championed by the Ministry of Culture. The EdTech CoE partners with the Sharjah Private Education Authority, and the Sustainability centre is championed by the Ministry of Climate Change and Environment, as well as BEEAH Group and Sharjah Sustainable City. The CoEs’ scope includes nurturing startups in manufac- turing to aim for technological advancements and increased efficiency in edtech focusing on educational transformation and digital learning solutions in the creative industries encour- aging artistic and digital media ventures.86 May 2024 100 MOST INFLUENTIAL ARABS 2024 Following the acquisition of Virgin Mobile Middle East and Africa (VMMEA), Shocair was appointed to her current role at Beyond ONE, an investment and oper- ations entity in the technology, media, and telecommunications (TMT) sector. In this capacity, she oversees the opera- tions of both the Virgin Mobile and Friendi Mobile brands across the UAE, KSA, Oman, and Kuwait, with a primary focus on guiding the organisa- tion into its next phase of development. Drawing on her extensive career, she is also the founder of Shocase Luxury, a company dedicated to enhancing the global presence of jewellery and luxury brands predominantly across the US, Asia, and Europe. With a diverse background spanning retail, sustainability, entertainment, technology, and fashion in various markets such as the US, UK, Middle East, and Germany, Shocair has held significant positions including as the CEO of YOOX NET-A-PORTER Group in the Middle East, leading the launch of a live streaming shopping network for MBC, and playing a transformative role at Virgin Megastore MENA as its president across nine markets. Her expertise in digital, publishing, retail, and licensing within the music indus- try notably elevated Virgin Megastores' presence in the Middle East. She has also held leadership roles at prominent organisa- tions like Hearst, Viacom, Sony Music, and Bertelsmann. At Beyond ONE, Shocair is dedicated to establishing supportive ecosystems for entrepreneurs and tech talent, with a particular emphasis on empowering women at a global and regional scale. Her areas of expertise encompass leadership, negotiation, technology start-ups, digital media, entertain- ment, and OMNI technology start-ups. Recognised for her skills as a media host and presenter across television, podcasts, and live events, she is actively involved in philanthropic initi- atives. She has received numerous accolades for her commit- ment to inclusive and sustainable management practices as a female business leader, from esteemed outlets including Knowledge@Wharton. About Beyond ONE Beyond ONE, a subsidiary of Priora Management Holding Dubai, stands as a leader in pioneering personalising and tailored digital ecosystems for consumers in emerging markets on a global scale. At the core of the company's ethos is a profound people-centric philosophy that permeates every strand of its approach, facilitating the delivery of hyper-cus- tomised digital experiences that not only enrich the lives of individuals but also cultivate a more inclusive and intercon- nected global community. Operating from its headquarters in Dubai, Beyond ONE has crafted a robust business model that encompasses a diverse and robust mobile virtual network operator (MVNO) brand portfolio, a substantial market presence, dependable digital platforms, and a steady revenue stream. In February 2024, NTT DATA Business Solutions entered a strategic partner- ship with Beyond ONE to introduce and implement RISE with SAP® S/4HANA Public Cloud. This collaboration signi- fies a significant stride towards digital innovation within the telecommunications industry. TECHNOLOGY NISREEN SHOCAIR Group Chief Transformation officer for Middle East, Africa and LATAM Beyond ONE MEAarabianbusiness.com 87 100 MOST INFLUENTIAL ARABS 2024 INVESTMENT NOOR SWEID Founder and Managing Partner Global Ventures Sweid leads Global Ventures, a leading venture capital firm overseeing a diverse portfolio of more than $300m in managed assets. The firm operates from strategically positioned hubs in Dubai, Abu Dhabi, Cairo, and Jeddah, which have played a key role in its impres- sive track record. With 63 investments under its belt and a commendable record of five successful exits across various markets, Global Ventures has solidified its position as a power- house in the realm of venture capital. Among the notable companies within its investment portfolio are Thndr, Tarabut, Yodawy, and Pyypl, reflecting the firm's commitment to supporting innovative and high-growth ventures in the region and beyond. In addition to her leadership role at Global Ventures, Sweid lends her expertise as a board member to Immensa, an innova- tive additive manufacturing start-up. Her illustrious career includes serving as the chief investment officer at the Dubai Future Foundation, co-founding Leap Ventures, and holding a founding board member position at Endeavor UAE. She is also credited with establishing ZenYoga, a network of yoga and Pilates studios that was later acquired by Cedarbridge in 2014. Sweid's professional accolades include being part of the inaugural Finance Leaders Fellowship class and the prestigious Aspen Global Leadership Network. She has been recognised as a Young Global Leader by the World Economic Forum, high- lighting her exemplary contributions to the business landscape. A defining moment in Sweid's career was her historic achievement as the first Arab woman to scale, take public, and manage a public company in the MENA region. This milestone was materialised through her family's business, Depa, which was listed on NASDAQ Dubai and the London Stock Exchange in April 2008, commanding a valuation of $1.1bn. Beyond her personal achievements, Sweid holds key leadership roles, including serving as the found- ing chairwoman of the Middle East Venture Capital Association (MEVCA) and as a director of the Global Private Capital Asso- ciation, TechWadi, and the Karman Fellowship. She remains an active member of esteemed organisations such as the Aspen Global Leadership Network and has held influential Board Director roles at MIT Sloan and as a founding board member of Endeavor UAE. About Global Ventures Global Ventures, headquartered in Dubai, is a venture capital firm specialising in early-stage investments in high-growth companies throughout the MEA region. Their focus is on glob- ally scalable enterprise technology companies, taking advantage of undervalued markets to accelerate the expansion of emerg- ing businesses into international markets, with a goal of increasing valuation and revenue. Since its inception in 2018, Global Ventures has been led by Sweid, who brings a wealth of diverse business experience to the firm. While their primary target is startups in the MENA region with annual revenues exceeding $1m, Global Ventures criteria for investment include companies that are industry leaders, generate revenue, are scalable, capital-efficient, and have a clear exit strategy.88 May 2024 100 MOST INFLUENTIAL ARABS 2024 Alwetaid took on the role of chairman of SAMENA and a GSMA board member upon his appointment at stc on 28 March 2021. With over two decades in the industr y, he has consistently progressed through various key senior leadership positions within stc. His jour- ney includes serving as the senior VP for the consumer sector, the CEO of stc Bahrain, and as the vice chairman of the board of directors at stcPay. Alwetaid also leads the boards of directors of stc subsidiaries such as Integral, CCC, and Chan- nels, where he holds the chairmanship of several key commit- tees responsible for strategic decision-making and oversight. This diverse and extensive experience has equipped him with a deep understanding of the telecommunications sector and a proven track record of driving impactful growth and inno- vation across diverse markets and business units. About stc Leading the region’s digital transformation nationally and regionally, as a pioneer digital champion, stc is transforming from a telecommunications provider to an advanced digital player, backed by multiple achievements across cloud services, cybersecurity, digital transformation, application program- ming interface (API) management, and big data. Stc is aligned toward the achievement of the three key pillars of Vision 2030: a vibrant society, a thriving economy, and an ambitious nation. As of June 2023, stc entered into a binding agreement with Devoteam SAS (France) and ORTLL Investment Limited, culminating in the acquisition of a 40 percent stake in Devo- team Middle East (DME). Upon completion and regulatory approval, this will bolster stc’s capabilities within the IT sector and will amplify digital transformation through a holistic network of affiliates, each specialising in diverse areas such as digital infrastructure, Internet of Things, cloud computing, cybersecurity, digital financial services, and business outsourc- ing services. In April 2024, the Public Investment Fund (PIF) of KSA plans to acquire a 51 percent stake in Tawal, the largest tele- communications infrastructure company in KSA and a key player in the regional market, valued at $5.85bn. This stake was previously held by stc Group. Following the acquisition, PIF and stc Group will merge Tawal with Golden Lattice Investment Company (GLIC), where PIF holds a majority stake, to create a new entity that will become the largest company in the telecommunications infrastructure sector regionally. PIF will own 54 percent of the new entity, stc Group will own 43.1 percent, and GLIC minor- ity shareholders will hold the remaining shares. The agreements between PIF and stc Group signify their joint commitment to integrate and strengthen the telecom- munications infrastructure sector in KSA, with the aim of unlocking its combined potential. This initiative follows Tawal's acquisition of infrastructure assets in Bulgaria, Croatia, and Slovenia, positioning this Saudi national champion as the larg- est independent tower company in the region. The new merged entity is expected to operate around 30,000 mobile tower sites, making it one of the largest global tower companies with projected annual revenues of approximately $1.3bn. TELECOMS OLAYAN ALWETAID Group CEO stcarabianbusiness.com 89 100 MOST INFLUENTIAL ARABS 2024 DIVERSIFIED OTHMAN IBRAHIM Vice Chairman and Group CEO Rawabi Holding Imparting a legacy with a distinguished career spanning 35 years, Ibrahim has led Rawabi Holding to become one of the foremost conglomerates in the Middle East, earn- ing recognition for the second time in the Top 100 Arab Family Businesses. In 2023, he played an instrumental role in overseeing Rawabi Holding and its subsidiaries’ successful conclusion of one of the largest private sector syndicated financings in KSA, achieving a financial close of a $1.9bn syndicated multi-currency, senior secured term with revolving SAR and USD facilities. Ibrahim’s extensive professional background has equipped him to manage diverse sectors and assume various leadership roles, enabling him to develop effective strategies, analyse information, and assess risks. His cumulative experience has guided his vision to foster sustainable growth and success for Rawabi Holding and its subsidiaries. Led by a leadership style that inculcates a belief in the capabilities and potential of people, Ibrahim has enabled the group’s internal culture of “powered by people”, which has earned recognition as a Great Place to Work based on employee surveys. Managing a workforce of 14,000 employees, his inspi- rational leadership led to his inclusion among the Top 100 CEOs in the Middle East in 2023. Moreover, his influential presence extends to various entities in the role of chairman, including United Safety Ltd Canada, Vallianz Holding Singa- pore, Equatorial Energy Singapore, PT VOM Indonesia, and Rawabi Vallianz Offshore Services. Beyond Rawabi Holding, he serves as a director on the boards of Wildcat Oil Tools in the USA, Redland Industrial Services (Arabia) (RISAL), and Kalaam Telecom in Bahrain, while chairing the Audit Committee at Raw abi Human Resources Company. Championing green initiatives, Ibra- him signed an ag reement with NETZERO, a leading organisation in nature-based solutions, during the first quarter of 2024 to plant 1,000 trees which supports the Saudi Green initia- tive. Additionally, Rawabi Holding spon- sors several sustainability programmes supporting the environ- ment and the community, earning recognition in the Top 50 Saudi Brands in social responsibility. Global real estate recognition Rawabi Holding has gained global recognition in the real estate sector through the success of Magnom Properties, its real estate arm. Magnom Properties achieved acclaim at a global level with its project, Forbes International Tower, by securing the prestigious awards for Best International Commercial High-rise Development and Best International Mixed-Use Development during the International Property Awards – IPA 2024. This accomplishment surpassed several renowned projects worldwide, including Distrito Armida in North Amer- ica, One & Only One Za’abeel in the UAE, Heartland 66 in the Asia-Pacific region, and Rams Beyond Istanbul in Europe. About Rawabi Holding Headquartered in Al Khobar, Rawabi Holding is dedicated to empowering people, fostering innovation, and driving economic development. Through partnerships with forward-thinking companies spanning multiple sectors including energy, contract- ing, industrial, and real estate, the conglomerate contributes to the kingdom’s trajectory towards a prosperous future. Next >