UAE revealed as the preferred location for regional HQs of global organizations
The banking sector dominates the Top 100
Under the theme “Global Meets Local,” Forbes Middle East has created a pioneering study of the talent leading the MENA operations of some of the most renowned global corporations. The study includes the top 100 CEOs, directors, and executive management driving the regional success of global corporations with established bases in the Middle East and North Africa.
Daimler, BMW Group, Intel Corporation, McDonald’s, Novartis Pharma Services AG, DHL Express, Boeing, Metlife Alico, ADECCO and HP count as just a few of the world-renowned companies making their Middle Eastern mark.
With the prestigious FORBES Global 2000—a ranking of the biggest, most powerful, and most valuable publicly listed companies in the world—as a basis for research, the findings of Forbes Middle East’s innovative study highlight the significance of the MENA region and its top executives on the global corporate stage.
The study culminates in a ranking of the top 100 MENA-based business leaders and executives at the helm of their companies. Complementing the ranking is a stellar lineup of 20 well-established professionals who, although yet to complete 12 months in their roles, boast impressive track records in their respective industries.
The findings of this ground-breaking study reveal the UAE as the preferred location for global organizations to establish regional headquarters, with a massive 93% of companies favoring the nation as a base.
In terms of the Top 10, nine regional HQs are based in the UAE, with one in Egypt. However, the business leaders featured hail from all corners of the globe.
Where sectors are concerned, Banking dominates, boasting a total of 14 leaders amongst the top 100, followed by Technology and Insurance sectors with 11 and nine spots, respectively.
In order to recognize the significant impact made by the MENA region’s leading executives, Forbes Middle East will host a grand celebration on November 18, 2013 at the Emirates Towers Hotel, Dubai.
This exclusive event is supported by prime partners including Lulu Group International, Al Tayyar Travel Group Manchester Business School, Toshiba, HMG Project Management, EUROSTAR, Western Region Development Council, Al Gharbia, Montegrappa, Patchi and Tarteeb Media.
