Saudi Aramco’s president and CEO, Amin Nasser, has once again secured the top spot in Forbes Middle East’s ranking of the Top 100 CEOs for 2024. This marks his fourth consecutive year leading the list, highlighting his influential role in the region’s business landscape.
Forbes ME’s 2024 list showcases a diverse array of leaders from 19 nationalities, with Emiratis, Egyptians, and Saudis making up 62% of the entries. The banking sector is prominently represented with 19 CEOs, followed by real estate and telecommunications.
Under Nasser’s leadership, Aramco reported $107.2 billion in revenues and $27.27 billion in net profits in Q1 2024. The company also completed a significant secondary public offering and awarded over $25 billion in contracts for major gas expansion initiatives.
Nasser is followed by leaders like Sultan Al-Jaber of ADNOC Group and Ahmed bin Saeed Al-Maktoum of Emirates Airline. The list also includes notable Saudi executives such as Olayan Al-Wetaid of stc Group and Nadhmi Al-Nasr of NEOM.
Forbes ME evaluates CEOs based on their achievements, innovations, and industry impact, recognizing leaders who not only drive shareholder value but also align with national interests.
This year’s list underscores Saudi Arabia’s growing influence in the regional and global financial sectors, with significant investments and mergers driving the economy forward. As the region’s economic landscape evolves, these top executives continue to play a crucial role in fostering innovation and growth.