Forbes Announces Top CEOs in The Middle East
Last month Forbes Magazine announced its list of the Top 100 CEOs in the Middle East for 2021. Among the list were three notable figures in Lebanon, demonstrating that the country continues to be a powerhouse of success stories amidst the challenges that it is facing.
In no particular order here are the three CEOs listed and why they have been recognised.
Bejjani is a Lebanese chief executive of Emirati holding company Majid Al Futtaim Group.
With three subsidiaries in property, retail, and ventures, the group operates leisure establishments including Ski Dubai, Vox Cinemas, hotels, and retail spaces like Mall of the Emirates. Bejjani stepped into his role in 2015 to oversee the group’s operations in 13 countries, including United Arab Emirates, Egypt, Lebanon, and Qatar. Since assuming the role, he has collaborated with musician-turned-entrepreneur Will.i.am, who has produced an AI-powered voice assistant that will assist Majid Al Futtaim’s customers in the retail sector.
Sabbagh is a Lebanese businessperson who has been the head of 5 different companies.
Presently, he is Chief Executive Officer at Arab Bank Plc, Chairman of Europe Arab Bank Plc (a subsidiary of Arab Bank Plc), and Chief Executive Officer for Arab Bank Group. Mr. Sabbagh is also on the board of the American University of Beirut, Association of Banks in Jordan, Al Hussein Fund for Excellence, and Jordan University of Science & Technology. In his past career, he held the position of Chairman for Turkland Bank AS, Principal at The World Bank Group, Principal at National Bank of Kuwait SAK, Principal at The Industrial Bank of Kuwait KSC, Executive General Manager at Bankmed SAL, Chairman for Europe Arab Bank Plc and Principal at First Chicago Corp. Mr. Sabbagh received an undergraduate degree from Austin College, a graduate degree from The University of Chicago, and a graduate degree from The Johns Hopkins University.
Atallah has more than 25 years of experience in the real estate sector.
He currently serves as the Chief Executive Officer of Piramal Realty in India. Mr. Atallah is the former CEO of Dubai Properties with a $30bn portfolio, former COO at Qatari Diar, where he oversaw an international portfolio worth over $40bn including the prestigious Chelsea Barracks. He served as the COO of Emaar Properties, where he worked extensively on some of the world’s most iconic projects such as the Burj Khalifa, Armani Hotel, and Dubai Mall and former Executive at Solidere, where he headed the development of the largest mixed-use project in Lebanon, the Beirut Souks.
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