Forbes Middle East has unveiled its signature annual list of the region’s most powerful businesswomen for 2024, ranking the most successful, influential, and impactful women in business, championing the way to a brighter, fairer future. The list was constructed based on the size of the business, the individual’s impact, achievements, and performance over the last year, and the scope of CSR and other initiatives led by the person. Leaders of family businesses were excluded this year.
Hana Al Rostamani, Group CEO of the First Abu Dhabi Bank (FAB), leads the list for the second consecutive year. She was also recognized on Forbes’ list of the World’s Most Powerful Women 2023, ranked at 63 overall and 14th in the finance category globally. Two Kuwaiti powerhouses – NBK Group’s Shaikha Khaled Al Bahar and KNPC’s Wadha Ahmad Al-Khateeb round up the top three.
The 2024 list features 100 entries, with 104 women from 27 sectors and 28 nationalities. Egyptians dominate with 17 women, followed by 14 Emiratis, and Saudis and Lebanese with nine women each. Leaders in banking and financial services make up over a quarter of the ranking with 26 entries, followed by healthcare with 13, and investments and technology with six entries each. A wave of 35 newcomers have joined this year’s list from 15 different sectors.