Forbes’ 2023 list of the most powerful CEOs in the Middle East reflected the success of businessmen, including 18 Saudis out of 100 persons.
A great deal of Saudi executives and CEOs have achieved remarkable success in business, especially considering the economic growth and development that the Kingdom of Saudi Arabia has seen in recent years.
The substantial number of Saudi leaders on the list reflects the Kingdom of Saudi Arabia’s attempts to localise the business sector and strengthen Saudis’ roles in leading key companies.
It also illustrates the Kingdom’s conviction in the significance of human capital as a foundation for economic growth.
These Saudi CEOs serve as role models for the Kingdom’s emerging business community because they have demonstrated their capacity to effectively lead and manage their organisations, resulting in development and wealth. They also make significant contributions to the Saudi economy’s growth and stability.
These Saudi executives are part of a new generation that will play a major role in the growth of the Saudi economy; thus it appears that they will continue to achieve greater success in the future.
Forbes’ 2023 Middle East’s most influential Saudi CEOs:
- Amin Hassan Naser, the President, and Chief Executive Officer of Aramco, the energy sector.
- Olayan Alwetaid, CEO of STC, communications sector.
- Omar Hariri, CEO of the General Ports Authority, logistics services sector.
- Abdullah Albader, CEO of Almarai Company, food, and beverages sector.
- Sultan Batterjee, CEO of IHCC and Lifestyle Developers, real estate and construction sector.
- Fahd bin Muhammad Al-Shibl, CEO of Nupco, logistics services sector.
- Waleed Al-Mogbel, Managing Director and CEO of Al-Rajhi Bank, banks sector.
- Mohammad Albuty, CEO of NHC, real estate and construction sector.
- Amr ALMadani, CEO of Royal Commission for AlUla Governorate, real estate and construction sector.
10- Abdullah Alkhalifa, CEO of Alinma Bank, banks sector.
11- Qusai AI-Fakhri, CEO of the Tourism Development Fund, travel, and tourism sector.
12- Tal Hisham Nazer, CEO of Bupa Arabia, insurance sector.
13- Abdullah Al-Saadoon, CEO of Sahara International Petrochemical Company (Sipchem), industrial sector.
14- Walid Abukhaled, CEO of SAMI, defense sector.
15- Turki Matooq Al-Thonayan, CEO of the National Security Services Company (SAIF), defense sector.
16- Faisal Albedah, Managing Director and CEO of Saudi SAL Logistics Services (SAL), logistic services sector.
17- Nadhmi Al-Nasr, CEO of NEOM, real estate and construction sector.
18- Abd Al-Rahman Fakih, CEO of SABIC, industrial sector.
