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Meet the Egyptians on Forbes Center East’s ‘CEOs of the Yr’

Forbes Center East just lately launched its third annual listing of the highest ‘100 CEOs within the Center East,’ spotlighting the area’s prime leaders who’ve targeted on sustainability, consolidation, and progress throughout varied sectors.

This 12 months’s roster showcases leaders from 22 nationalities, with 19 Egyptians on the listing.

In November 2023, Forbes Center East unveiled its sixth annual 30 Below 30 listing, the place Egyptians lead the listing with 44 excellent achievers throughout various sectors, together with science and expertise, leisure, commerce, finance, and social influence.
From the realms of actual property to the varied world of banking, right here is the listing of the pioneering Egyptian CEOs making strides throughout various industries in Egypt and overseas.

Banking
Hisham Okasha | Banking
In 2008, Hisham Okasha joined the Nationwide Financial institution of Egypt (NBE) as Deputy Chairman. He’s presently the CEO of NBE, a board member of the Federation of Egyptian Banks and several other of NBE’s monetary subsidiaries in Egypt, Europe, and throughout MENA, and a board member of the Sovereign Fund of Egypt.

Mohamed Eletreby |Banking
In 2015, Mohamed Eletreby was appointed as CEO of Banque Misr. Earlier than he assumed his function at Banque Misr, Eletreby was the CEO and Managing Director of the Egyptian Gulf Financial institution. He additionally serves as chairman of the Union of Arab Banks, the Federation of Egyptian Banks, and the board of trustees on the Banque Misr Basis for Neighborhood Improvement.

Hussein Abaza | Banking
As a pacesetter with greater than 25 years of banking expertise, Hussein Abaza is the CEO and Managing Director of the Industrial Worldwide Financial institution (CIB). Abaza was beforehand CIB’s CEO of Institutional Banking, COO, and Chief Danger Officer. Earlier than becoming a member of CIB, he was head of analysis and managing director at EFG Hermes Asset Administration.

Ahmed Abdelaal | Banking
Ahmed Abdelaal joined Mashreq — the oldest privately owned financial institution within the United Arab Emirates and one of many oldest banking establishments within the Center East in 2017 as head of the company and funding banking group and assumed his present place in 2019 to supervise the financial institution’s operations throughout the Center East, Asia, Europe, and the US. He additionally beforehand held positions at HSBC Financial institution, ABN AMRO Financial institution N.V., Arab African Worldwide Financial institution, American Categorical, and Arab Financial institution.

Karim Awad | Banking and Monetary Companies
Karim Awad has been the CEO of EFG Holding since 2012, having been a member of the corporate for over 24 years. Awad can be the chairman of the corporate’s Govt Committee.

Mentioned Zater| Monetary Companies
Mentioned Zater is the CEO of Contact Monetary Holding — the most important non-bank monetary providers supplier in Egypt. He additionally sits on boards of Sarwa Insurance coverage Firm, Sarwa Life Insurance coverage, and Motor Care Egypt.

Bassel Gamal | Banking
In 2013, Bassel Gamal assumed his present place as CEO of Qatar Islamic Financial institution (QIB). With over 30 years of expertise within the banking and finance business, Gamal labored at Ahli United Financial institution Group in Bahrain and CIB in Egypt earlier than becoming a member of QIB. He’s additionally chairman of QIB-UK and a board member of Qinvest.

Actual Property and Development
Yasser Zaghloul | Actual Property & Development
Yasser Zaghloul is the Group Chief Govt Officer of the Nationwide Marine Dredging Firm (NMDC). He’s additionally a member of the Basic Board of Management of Water U.A.E, the World Group of Marine Development and Dredging – Brussels and Belgium, and the Basic Supervisor and Sponsor for the World Convention of CEDA – Brussels and Abu Dhabi.

Khaled Abbas | Actual Property & Development
In 2022, Khaled Abbas assumed his place as Chairman and Managing Director of Administrative Capital For City Improvement (ACUD) — the proprietor and developer of the New Administrative Capital in Egypt, spanning 714 sq. kilometers. Abbas was beforehand the Deputy Minister of Housing, Utilities, and City Communities for Nationwide Tasks in Egypt. He’s additionally a board member of the Egyptian Federation of Development and Constructing Contractors, the Social Housing and Mortgage Finance Fund, and a member of the Tourism Improvement Committee.

Hisham Talaat Moustafa | Actual Property & Development
For greater than 40 years, Hisham Talaat Moustafa has been working with Talaat Moustafa Group Holding (TMG Holding) as CEO and Managing Director.

Omar El Hamamsy | Actual Property & Development
Omar El Hamamsy is the chief of Orascom Improvement Egypt (ODE) in addition to its Switzerland-based mother or father firm Orascom Improvement Holding (ODH).

Osama Bishai |Actual Property & Development
Since 1985, Osama Bishai has served as a member of Orascom. He presently serves because the CEO of Orascom Development and a board member of BESIX Group.

Telecommunications
Hatem Dowidar | Telecommunications
Since 2020, Hatem Dowidar has been the CEO of e&, previously referred to as Etisalat Group. Earlier than becoming a member of &, Dowidar beforehand labored with Vodafone, earlier than becoming a member of Etisalat in 2015 as joined the group in 2015 as group Chief Working Officer (COO).

Mohamed Nasr Eldin | Telecommunications
Mohamed Nasr Eldin joined Telecom Egypt in 2004 and assumed his present function as CEO and Managing Director in March 2023. Between Might 2020 and March 2023, Nasr Eldin served as Deputy ICT Minister for International Info Infrastructure on the Ministry of Communications and Info Know-how. He additionally presently serves as a member of Telecom Egypt’s Board of Administrators, which represents the Egyptian authorities.

Logistics
Osama Rabie | Logistics
In 2019, Lieutenant Basic Osama Rabie assumed his function as CEO of the Suez Canal Authority (SCA). In August 2023, Egyptian President Abdel-Fattah al-Sisi reappointed Lieutenant Rabie because the Chairman of the Suez Canal Authority (SCA) for one more one-year time period, which will probably be Rabie’s fifth consecutive one-year time period as the top of the SCA.

Diversified
Ahmed Galal Ismail | Diversified
In January 2023, Ahmed Galal Ismail was appointed as CEO of Majid Al Futtaim Holding after serving because the CEO of Majid Al Futtaim Properties since 2018. Ismail beforehand served as CEO of Majid Al Futtaim Ventures and labored in different corporations similar to Booz Allen Hamilton in Dubai and Procter & Gamble in Egypt in addition to Germany.

Sherif Beshara | Diversified
Sherif Beshara assumed his present function as CEO of Mohamed & Obaid Almulla Group and American Hospital Dubai in 2018. The corporate has enterprise in various sectors, together with e actual property, hospitality, and healthcare.

Othman A. Ibrahim | Diversified
Othman Ibrahim has been the Group President and CEO of Rawabi since 2009. He additionally serves as the manager vice chairman of Rawabi Holding, chairman of the funding committee, and vice chairman of Rawabi Power Firm.

Journey & Tourism
Tarek El Sayed | Journey & Tourism
Because the CEO and Managing Director of Al Rayyan Tourism Funding Firm (ARTIC), Tarek El Sayed has been main ARTIC since 2017. El Sayed additionally serves because the chairman of ARTIC’s subsidiary, Seldar Misr.

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