Forbes lists 5 Jordanians among most powerful MENA businesswomen

(Photo: Forbes Middle East)
(Photo: Forbes Middle East)
AMMAN — Forbes Middle East has released its annual list of the 100 most powerful businesswomen in the region for the year 2023, among them five Jordanian businesswomen, Ammon News reported. اضافة اعلان

The list highlights businesswomen who are driving the success of a group of the largest companies in the region and beyond.

“Women in the Middle East and North Africa today lead some of the largest companies in the region, with some also making their mark internationally,” the Forbes announcement said.

The list features “the most powerful businesswomen” from 27 nationalities, working in 27 different sectors.

First place on the list went to Hana Al Rostamani, CEO of First Abu Dhabi Bank Group, the UAE’s largest, with total assets of $312.4 billion as of September 2022. The bank also recorded net profits of $2.98 billion in the first nine months of 2022, according to Forbes.

The UAE and Egypt scored the most entries at 15 and 12, respectively, followed by 11 from Saudi Arabia, eight from Kuwait, and six each from Lebanon, Qatar, and Oman.

The banking and financial services sector dominated the list with 23 entries, followed by 11 women leading diversified businesses, eight from the investments sector, six from the retail sector, and five from healthcare. 

Distinguished JordaniansOne Jordanian businesswoman — Randa Sadik, CEO of Arab Bank — was one of the list’s top names, coming in tenth. The bank has over 600 branches across five continents, and had assets worth $64.7 billion as of September 2022, according to Forbes.

Arab Bank’s net income also witnessed a large growth during the first nine months of 2022, jumping 49 percent from 2021 figures to reach $405.8 million.

Other Jordanian names on the list included Nadia Al-Saeed, CEO of Bank Al-Etihad (44th); Farah Hamdan, regional general manager of Zimmer Biomet (67th); Manal Jarrar, CEO of the National Insurance Company (85th); and Luma Fawaz, CEO of Oasis500 (94th).

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