Middle East's Top Pioneering Business Leaders to Watch in 2025

1. April 2025 Middle East's Top Pioneering BUSINESS LEADERS to watch in 2025 Michael Gale Group CEO The Entrepreneurs Group Limited Michael Gale From Silicon Valley to Global Entrepreneurial Leader

2. “The world is changed by your example, not by your opinion.”

3. “The world is changed by your example, not by your opinion.”

4. Leading with Vision A s we usher in another dynamic year for the global business landscape, the Middle East stands tall as a region of rapid transformation, bold innovation, and visionary leadership. In The Dubai Leaders special edition, Middle East’s Top Pioneering Business Leaders to Watch in 2025, we celebrate the individuals who are not only shaping the future of business in the region but are also influencing global trends with their disruptive ideas and strategic foresight. These leaders come from diverse industries—finance, technology, energy, healthcare, logistics, and beyond—but they all share one common thread: an unrelenting commitment to growth, innovation, and impact. They are not content with maintaining the status quo. Instead, they are actively redefining what leadership looks like in a world where agility, sustainability, and digital transformation are paramount. This curated list highlights those who have demonstrated resilience in volatile markets, championed diversity and inclusion, and turned challenges into opportunities for reinvention. Whether they are scaling startups or steering established corporations through new frontiers, their work echoes across boardrooms, communities, and global networks. As you read through their stories, we hope you are inspired by their journeys and energized by the possibilities that lie ahead. The Middle East is not just keeping pace with the world—it is setting the pace, thanks to leaders like these. Happy Reading! Ed?ors’s Desk Preston B.

5. Leading with Vision A s we usher in another dynamic year for the global business landscape, the Middle East stands tall as a region of rapid transformation, bold innovation, and visionary leadership. In The Dubai Leaders special edition, Middle East’s Top Pioneering Business Leaders to Watch in 2025, we celebrate the individuals who are not only shaping the future of business in the region but are also influencing global trends with their disruptive ideas and strategic foresight. These leaders come from diverse industries—finance, technology, energy, healthcare, logistics, and beyond—but they all share one common thread: an unrelenting commitment to growth, innovation, and impact. They are not content with maintaining the status quo. Instead, they are actively redefining what leadership looks like in a world where agility, sustainability, and digital transformation are paramount. This curated list highlights those who have demonstrated resilience in volatile markets, championed diversity and inclusion, and turned challenges into opportunities for reinvention. Whether they are scaling startups or steering established corporations through new frontiers, their work echoes across boardrooms, communities, and global networks. As you read through their stories, we hope you are inspired by their journeys and energized by the possibilities that lie ahead. The Middle East is not just keeping pace with the world—it is setting the pace, thanks to leaders like these. Happy Reading! Ed?ors’s Desk Preston B.

6. Cover story 08 C O N T E N T S Articles Visionary Strategies How Top Business LeadersAre Transforming the Middle East Economy 16 Business Leaders of Tomorrow Emerging Business Leaders Reshaping Middle Eastern Markets 20

7. Cover story 08 C O N T E N T S Articles Visionary Strategies How Top Business LeadersAre Transforming the Middle East Economy 16 Business Leaders of Tomorrow Emerging Business Leaders Reshaping Middle Eastern Markets 20

8. Editor-in-Chief Middle East's Top Pioneering BUSINESS LEADERS to watch in 2025 Merry D'Souza Managing Editor Executive Editor Assistant Editors Preston B. Jenny F. Michael W. Art & Design Director Associate Designer Visualizer David King Rosy Scott Angela Ruskin Senior Sales Managers Business Development Manager Brain Moody, Jack McDowell Mark Hassan Marketing Manager Sales Executives James M. Max Floyd Technical Head Business Development Executives Company Name Featured Person Brief Jacob Smile Simon, Tom Billa Bhandari is the founder and CEO of VitalProbe Inc., a company specializing in reusable, sustainable wearable biosensor technology for wireless patient monitoring in both hospital and remote settings. VitalProbe Inc. vitalprobe.com Billa Bhandari Founder Technical Specialist Digital Marketing Manager Dominique T. Irvin Wilson Jai Mulani is the CEO of IBT, leading the organization with a focus on innovation and strategic growth. Jai Mulani CEO IBT Research Analyst SME-SMO Executive ibtevolve.com Frank Adams Steve Rodrigues Loai Al Fakir is the CEO of Provident Real Estate, a prominent real estate company in Dubai. Provident Real Estate providentestate.com Loai Al Fakir CEO Database Management Technology Consultant Circulation Manager Stella Andrew David Stokes Robert Brown Michael Gale is the CEO of The Entrepreneurs Group, a company focused on empowering entrepreneurs and business leaders. sales@thedubaileaders.com April, 2025 The Entrepreneurs Group teg.co.ae Michael Gale CEO Nikos Nikolopoulos is the founder of Creative Lighting, a company specializing in innovative lighting design solutions. Nikos Nikolopoulos Founder Creative Lighting creativelighting.co www.linkedin.com/company/the-dubai-leaders/ Follow us on : www.facebook.com/thedubaileaders/ We are also available on : Copyright © 2025 The Dubai Leaders, All rights reserved. The content and images used in this magazine should not be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior permission from The Dubai Leaders. Reprint rights remain solely with The Dubai Leaders.

9. Editor-in-Chief Middle East's Top Pioneering BUSINESS LEADERS to watch in 2025 Merry D'Souza Managing Editor Executive Editor Assistant Editors Preston B. Jenny F. Michael W. Art & Design Director Associate Designer Visualizer David King Rosy Scott Angela Ruskin Senior Sales Managers Business Development Manager Brain Moody, Jack McDowell Mark Hassan Marketing Manager Sales Executives James M. Max Floyd Technical Head Business Development Executives Company Name Featured Person Brief Jacob Smile Simon, Tom Billa Bhandari is the founder and CEO of VitalProbe Inc., a company specializing in reusable, sustainable wearable biosensor technology for wireless patient monitoring in both hospital and remote settings. VitalProbe Inc. vitalprobe.com Billa Bhandari Founder Technical Specialist Digital Marketing Manager Dominique T. Irvin Wilson Jai Mulani is the CEO of IBT, leading the organization with a focus on innovation and strategic growth. Jai Mulani CEO IBT Research Analyst SME-SMO Executive ibtevolve.com Frank Adams Steve Rodrigues Loai Al Fakir is the CEO of Provident Real Estate, a prominent real estate company in Dubai. Provident Real Estate providentestate.com Loai Al Fakir CEO Database Management Technology Consultant Circulation Manager Stella Andrew David Stokes Robert Brown Michael Gale is the CEO of The Entrepreneurs Group, a company focused on empowering entrepreneurs and business leaders. sales@thedubaileaders.com April, 2025 The Entrepreneurs Group teg.co.ae Michael Gale CEO Nikos Nikolopoulos is the founder of Creative Lighting, a company specializing in innovative lighting design solutions. Nikos Nikolopoulos Founder Creative Lighting creativelighting.co www.linkedin.com/company/the-dubai-leaders/ Follow us on : www.facebook.com/thedubaileaders/ We are also available on : Copyright © 2025 The Dubai Leaders, All rights reserved. The content and images used in this magazine should not be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior permission from The Dubai Leaders. Reprint rights remain solely with The Dubai Leaders.

10. Michael Gale The Entrepreneurs Group Limited Group CEO Through building the Venture Catalyst and working with hundreds of high-growth companies, I naturally evolved into an investment banker through a non- traditional path. Over many years, investors increasingly sought my help in investing in high-growth companies, which naturally led to wealth management.

11. Michael Gale The Entrepreneurs Group Limited Group CEO Through building the Venture Catalyst and working with hundreds of high-growth companies, I naturally evolved into an investment banker through a non- traditional path. Over many years, investors increasingly sought my help in investing in high-growth companies, which naturally led to wealth management.

12. Middle East's Top Pioneering Business Leaders to Watch in 2025 "Innovation distinguishes between a leader and a follower." - Steve Jobs M testament to the power of innovation and adaptability. In the mid-nineties, he found himself at the epicenter of techno- logical and financial convergence in San Francisco. Silicon Valley, rapidly becoming the global hub for technology and venture capital, provided him with invaluable insights into the start-up ecosystem. Through building the Venture Catalyst and working with hundreds of high-growth companies, I naturally evolved into an investment banker through a non-traditional path. Over many years, investors increasingly sought my help in investing in high-growth companies, which naturally led to wealth management. ichael Gale's journey from a tech entrepreneur in Silicon Valley to a Global Leader in invest- ment banking and wealth management is a His experiences navigating the entrepreneurial journey, from initial funding rounds to IPOs, equipped him with a deep understanding of the venture capital landscape. This knowledge fueled his desire to support other entrepreneurs, leading to the founding of one of the first two Venture Catalysts in Silicon Valley. insights with other entrepreneurs. He founded one of the first two Venture Catalysts in Silicon Valley, helping entrepreneurs become capital-ready during the dot-com boom. Michael's transition into investment banking and wealth management was a natural evolution of his entrepreneurial endeavors. By building the Venture Catalyst and working with numerous high-growth companies, he became a sought-after advisor for investors looking to capitalize on emerging opportunities. His unique approach, focusing on helping entrepreneurs grow and exit successful companies, set him apart in the industry. Evolution to Investment Banking “Through building the Venture Catalyst and working with hundreds of high-growth companies, I naturally evolved into an investment banker through a non-traditional path. Over many years, investors increasingly sought my help in investing in high-growth companies, which naturally led to wealth management.” Says Michel about his evolution. As the Group CEO of The Entrepreneurs Group, Michael emphasizes the importance of trust, integrity, and innova- tion. His leadership style, characterized by empowering his team and fostering a culture of collaboration, has been instrumental in driving the company's success in a competi- tive market. He never set out to be an investment banker or wealth manager; his focus was always on helping entrepreneurs grow and exit great companies. His unique approach and deep understanding of the entrepreneurial ecosystem allowed him to transition seamlessly into these roles, providing valuable support to entrepreneurs and investors alike. Influences of Silicon Valley Michael’s experiences as a tech entrepreneur in Silicon Valley significantly influenced his transition to investment banking and wealth management. In the mid-nineties, he found himself in San Francisco, where technology, ideas, and finance were converging. Silicon Valley quickly became the global hub for technology and venture capital, exposing Michael to the start-up journey from friends and family rounds to seed and angel investors, venture capital, institutional investing, trade sales, mezzanine rounds, and IPOs. Leading The Entrepreneurs Group Michael believes that the most critical aspect of leading The Entrepreneurs Group to success in a competitive and innovative market is the strength of its team. “I have learned to balance control with trust, recognizing that a harmonious work environment—where individuals can truly be themselves while performing their tasks—naturally fosters trust. Without trust, scaling a business is impossible.” Understanding the entrepreneurial journey and its intersection with venture capital led him to share his

13. Middle East's Top Pioneering Business Leaders to Watch in 2025 "Innovation distinguishes between a leader and a follower." - Steve Jobs M testament to the power of innovation and adaptability. In the mid-nineties, he found himself at the epicenter of techno- logical and financial convergence in San Francisco. Silicon Valley, rapidly becoming the global hub for technology and venture capital, provided him with invaluable insights into the start-up ecosystem. Through building the Venture Catalyst and working with hundreds of high-growth companies, I naturally evolved into an investment banker through a non-traditional path. Over many years, investors increasingly sought my help in investing in high-growth companies, which naturally led to wealth management. ichael Gale's journey from a tech entrepreneur in Silicon Valley to a Global Leader in invest- ment banking and wealth management is a His experiences navigating the entrepreneurial journey, from initial funding rounds to IPOs, equipped him with a deep understanding of the venture capital landscape. This knowledge fueled his desire to support other entrepreneurs, leading to the founding of one of the first two Venture Catalysts in Silicon Valley. insights with other entrepreneurs. He founded one of the first two Venture Catalysts in Silicon Valley, helping entrepreneurs become capital-ready during the dot-com boom. Michael's transition into investment banking and wealth management was a natural evolution of his entrepreneurial endeavors. By building the Venture Catalyst and working with numerous high-growth companies, he became a sought-after advisor for investors looking to capitalize on emerging opportunities. His unique approach, focusing on helping entrepreneurs grow and exit successful companies, set him apart in the industry. Evolution to Investment Banking “Through building the Venture Catalyst and working with hundreds of high-growth companies, I naturally evolved into an investment banker through a non-traditional path. Over many years, investors increasingly sought my help in investing in high-growth companies, which naturally led to wealth management.” Says Michel about his evolution. As the Group CEO of The Entrepreneurs Group, Michael emphasizes the importance of trust, integrity, and innova- tion. His leadership style, characterized by empowering his team and fostering a culture of collaboration, has been instrumental in driving the company's success in a competi- tive market. He never set out to be an investment banker or wealth manager; his focus was always on helping entrepreneurs grow and exit great companies. His unique approach and deep understanding of the entrepreneurial ecosystem allowed him to transition seamlessly into these roles, providing valuable support to entrepreneurs and investors alike. Influences of Silicon Valley Michael’s experiences as a tech entrepreneur in Silicon Valley significantly influenced his transition to investment banking and wealth management. In the mid-nineties, he found himself in San Francisco, where technology, ideas, and finance were converging. Silicon Valley quickly became the global hub for technology and venture capital, exposing Michael to the start-up journey from friends and family rounds to seed and angel investors, venture capital, institutional investing, trade sales, mezzanine rounds, and IPOs. Leading The Entrepreneurs Group Michael believes that the most critical aspect of leading The Entrepreneurs Group to success in a competitive and innovative market is the strength of its team. “I have learned to balance control with trust, recognizing that a harmonious work environment—where individuals can truly be themselves while performing their tasks—naturally fosters trust. Without trust, scaling a business is impossible.” Understanding the entrepreneurial journey and its intersection with venture capital led him to share his

14. He emphasizes the importance of letting go of micromanagement and allowing his team the freedom to give their best. Leading by example with consistency and dedication, he cultivates trust and maintains positive energy within the organization, ensuring its continued success. He seeks visionaries who are trying to futureproof the industry by thinking about the next evolution of capitalism. He values individuals who strive to give their best and do not believe in shortcuts, ensuring that the team is composed of dedicated and forward-thinking professionals. Supporting Entrepreneurs Global Business Approach Michael was inspired to build The Entrepreneurs Group as a platform that supports entrepreneurs throughout their growth journey. While Silicon Valley has fostered technology and venture capital, innovation is occurring everywhere, and venture capital has spread globally. Working in diverse regions like Asia, Europe, the Middle East, and Silicon Valley has profoundly shaped Michael's approach to business and leadership. Each region brings unique challenges, cultural nuances, and opportunities. In Asia, he learned the value of long-term vision and patience, while Europe taught him the importance of blending innovation with tradition. However, the venture capital model unique to the US and Silicon Valley doesn't always translate well outside of it. “The Entrepreneurs Group is a convergence of like-minded individuals aligned around a shared vision to make capital and financial services accessible and personalized. The team believes in values like integrity, growth, and ethical business, bringing their unique global experiences to support a fresh approach.” The Middle East emphasized the role of personal connections in business, and Silicon Valley highlighted the power of innovation and an open mindset toward disruption. These experiences have made Michael a flexible, adaptable, and globally minded leader, capable of navigating different cultures and leading with integrity, humility, and trust. Qualities in Team Members Managing Work-Life Balance Michael looks for unique qualities in his team to drive innovation and create a world-class platform like The Entrepreneurs Group. He admires strong personalities who combine the heart of a lion with the grace of a gazelle. Building a business requires vulnerability and balancing between success and failure, leading to humility. Michael acknowledges that managing a healthy work-life balance is a tricky question often asked. He believes there is no work-life balance, only a life of balance or a life without it. He focuses on developing himself as an individual and maintaining a positive mindset at home and work, despite the blurred lines between these realms. At this stage of his life, Michael is comfortable in his own skin and has never been happier. He emphasizes the importance of never giving up on dreams and finding the right mentor, channels, and team to help achieve them, ensuring personal and professional fulfillment. The Entrepreneurs Group is a convergence of like-minded individuals aligned around a shared vision to make capital and nancial services accessible and personalized. The team believes in values like integrity, growth, and ethical business, bringing their unique global experiences to support a fresh approach. Staying Updated Michael keeps himself updated with the fast-growing financial services and entrepreneurial ecosystems across the globe by engaging with people and gaining a bird's eye perspective. He believes that human beings are pattern recognition engines and do well when exposed to various experiences. “Consuming a broad set of information about the world, history, politics, culture, religion, business, events, and human activity helps him synthesize unique patterns and gain actionable insights.” Michael values the knowledge

15. He emphasizes the importance of letting go of micromanagement and allowing his team the freedom to give their best. Leading by example with consistency and dedication, he cultivates trust and maintains positive energy within the organization, ensuring its continued success. He seeks visionaries who are trying to futureproof the industry by thinking about the next evolution of capitalism. He values individuals who strive to give their best and do not believe in shortcuts, ensuring that the team is composed of dedicated and forward-thinking professionals. Supporting Entrepreneurs Global Business Approach Michael was inspired to build The Entrepreneurs Group as a platform that supports entrepreneurs throughout their growth journey. While Silicon Valley has fostered technology and venture capital, innovation is occurring everywhere, and venture capital has spread globally. Working in diverse regions like Asia, Europe, the Middle East, and Silicon Valley has profoundly shaped Michael's approach to business and leadership. Each region brings unique challenges, cultural nuances, and opportunities. In Asia, he learned the value of long-term vision and patience, while Europe taught him the importance of blending innovation with tradition. However, the venture capital model unique to the US and Silicon Valley doesn't always translate well outside of it. “The Entrepreneurs Group is a convergence of like-minded individuals aligned around a shared vision to make capital and financial services accessible and personalized. The team believes in values like integrity, growth, and ethical business, bringing their unique global experiences to support a fresh approach.” The Middle East emphasized the role of personal connections in business, and Silicon Valley highlighted the power of innovation and an open mindset toward disruption. These experiences have made Michael a flexible, adaptable, and globally minded leader, capable of navigating different cultures and leading with integrity, humility, and trust. Qualities in Team Members Managing Work-Life Balance Michael looks for unique qualities in his team to drive innovation and create a world-class platform like The Entrepreneurs Group. He admires strong personalities who combine the heart of a lion with the grace of a gazelle. Building a business requires vulnerability and balancing between success and failure, leading to humility. Michael acknowledges that managing a healthy work-life balance is a tricky question often asked. He believes there is no work-life balance, only a life of balance or a life without it. He focuses on developing himself as an individual and maintaining a positive mindset at home and work, despite the blurred lines between these realms. At this stage of his life, Michael is comfortable in his own skin and has never been happier. He emphasizes the importance of never giving up on dreams and finding the right mentor, channels, and team to help achieve them, ensuring personal and professional fulfillment. The Entrepreneurs Group is a convergence of like-minded individuals aligned around a shared vision to make capital and nancial services accessible and personalized. The team believes in values like integrity, growth, and ethical business, bringing their unique global experiences to support a fresh approach. Staying Updated Michael keeps himself updated with the fast-growing financial services and entrepreneurial ecosystems across the globe by engaging with people and gaining a bird's eye perspective. He believes that human beings are pattern recognition engines and do well when exposed to various experiences. “Consuming a broad set of information about the world, history, politics, culture, religion, business, events, and human activity helps him synthesize unique patterns and gain actionable insights.” Michael values the knowledge

16. Having a clear vision and purpose is vital for guiding decisions and staying focused during challenges. Adaptability is crucial in a constantly evolving business landscape, with new technologies, market shifts, and regulations. and perspectives of people from all walks of life, including taxi drivers, who often provide valuable insights into popular culture and current events. Advice for Entrepreneurs For entrepreneurs looking to scale their ventures in the complex financial sector, Michael advises focusing on three key pillars: clarity, adaptability, and relationships. “Having a clear vision and purpose is vital for guiding decisions and staying focused during challenges. Adaptability is crucial in a constantly evolving business landscape, with new technologies, market shifts, and regulations.” Furthermore, he advices building genuine, long-lasting relationships with clients, investors, and partners is essential, as the financial world is built on trust. Surrounding oneself with a team of experts who complement strengths and challenge growth is also important for navigating the complexities of the industry. growth economies. He envisions The Entrepreneurs Group as the first-place entrepreneurs turn to for support and guidance throughout their growth journey. Legacy and Impact Reflecting on his journey and achievements, Michael hopes to leave a legacy of meaningful impact in technology, finance, and entrepreneurship. In technology, he aims to advance the ways people connect, collaborate, and innovate, using tech to solve real-world problems and improve lives. In finance, he wants to shift the focus from treating financial management as a commodity to seeing it as a tool for growth and opportunity. Long-Term Goals Michael's long-term goals for The Entrepreneurs Group include building a sustainable organization that serves as a one-stop destination for entrepreneurs at any stage of their growth journey. He aims to simplify the interaction with the financial sector and support entrepreneurs in as much of their journey as possible. As an entrepreneur, Michael hopes to inspire others to take risks, embrace failure as a learning experience, and lead with integrity and empathy. He believes in creating lasting value and using business as a force for good. Being based in Abu Dhabi allows The Entrepreneurs Group to be at the center of the current shift in entrepreneurship and growth, intersecting well-established and newer high-

17. Having a clear vision and purpose is vital for guiding decisions and staying focused during challenges. Adaptability is crucial in a constantly evolving business landscape, with new technologies, market shifts, and regulations. and perspectives of people from all walks of life, including taxi drivers, who often provide valuable insights into popular culture and current events. Advice for Entrepreneurs For entrepreneurs looking to scale their ventures in the complex financial sector, Michael advises focusing on three key pillars: clarity, adaptability, and relationships. “Having a clear vision and purpose is vital for guiding decisions and staying focused during challenges. Adaptability is crucial in a constantly evolving business landscape, with new technologies, market shifts, and regulations.” Furthermore, he advices building genuine, long-lasting relationships with clients, investors, and partners is essential, as the financial world is built on trust. Surrounding oneself with a team of experts who complement strengths and challenge growth is also important for navigating the complexities of the industry. growth economies. He envisions The Entrepreneurs Group as the first-place entrepreneurs turn to for support and guidance throughout their growth journey. Legacy and Impact Reflecting on his journey and achievements, Michael hopes to leave a legacy of meaningful impact in technology, finance, and entrepreneurship. In technology, he aims to advance the ways people connect, collaborate, and innovate, using tech to solve real-world problems and improve lives. In finance, he wants to shift the focus from treating financial management as a commodity to seeing it as a tool for growth and opportunity. Long-Term Goals Michael's long-term goals for The Entrepreneurs Group include building a sustainable organization that serves as a one-stop destination for entrepreneurs at any stage of their growth journey. He aims to simplify the interaction with the financial sector and support entrepreneurs in as much of their journey as possible. As an entrepreneur, Michael hopes to inspire others to take risks, embrace failure as a learning experience, and lead with integrity and empathy. He believes in creating lasting value and using business as a force for good. Being based in Abu Dhabi allows The Entrepreneurs Group to be at the center of the current shift in entrepreneurship and growth, intersecting well-established and newer high-

18. Visionary Strategies How Top Business Leaders Are Transforming the Middle East Economy iddle East is also experiencing a revolutionary M leaders, and guiding their business toward sustainability. In sectors such as energy and technology, aviation and property, the leaders are spearheading diversification and creating an oil-based economy. economic revolution in the hands of business leaders who are industry transformers, innovation Energy Sector: Towards Sustainability The energy sector continues to be the backbone of the Middle East economy but is changing with the likes of Saudi Aramco CEO Amin Nasser. Nasser has not only been a leader in innovation but a leader in sustainability too, making investments in cleaner energy and even cutting-edge technology such as renewable uses and crude oil-to-chemicals technology. Saudi Aramco becomes a global leader in sustainable energy transformation due to his visionary stance towards innovation and efficiency. Aviation: Creating Global Giants Aviation industry has been revolutionized by names such as Adel Ali, CEO Air Arabia, and Paul Griffiths, CEO Dubai Airports. Ali revolutionized Air Arabia as a low-cost carrier in the MENA region by leading the revenue growth without impacting profitability. Griffiths has revolutionized Dubai Airports as a transport hub of the world by investing in infrastructure and new models, demonstrating that Middle East businesses are capable of competing on a global scale. 16 17 THE DUBAI LEADERS | April 2025 | THE DUBAI LEADERS | April 2025 |

19. Visionary Strategies How Top Business Leaders Are Transforming the Middle East Economy iddle East is also experiencing a revolutionary M leaders, and guiding their business toward sustainability. In sectors such as energy and technology, aviation and property, the leaders are spearheading diversification and creating an oil-based economy. economic revolution in the hands of business leaders who are industry transformers, innovation Energy Sector: Towards Sustainability The energy sector continues to be the backbone of the Middle East economy but is changing with the likes of Saudi Aramco CEO Amin Nasser. Nasser has not only been a leader in innovation but a leader in sustainability too, making investments in cleaner energy and even cutting-edge technology such as renewable uses and crude oil-to-chemicals technology. Saudi Aramco becomes a global leader in sustainable energy transformation due to his visionary stance towards innovation and efficiency. Aviation: Creating Global Giants Aviation industry has been revolutionized by names such as Adel Ali, CEO Air Arabia, and Paul Griffiths, CEO Dubai Airports. Ali revolutionized Air Arabia as a low-cost carrier in the MENA region by leading the revenue growth without impacting profitability. Griffiths has revolutionized Dubai Airports as a transport hub of the world by investing in infrastructure and new models, demonstrating that Middle East businesses are capable of competing on a global scale. 16 17 THE DUBAI LEADERS | April 2025 | THE DUBAI LEADERS | April 2025 |

20. Real Estate: Urban Visionary Development Economic Diversification: A Strategic Imperative Real estate visionaries like Mohamed Alabbar have seen metropolis cityscapes for cities like Dubai and Abu Dhabi. Alabbar’s joint venture with Emaar Properties has created signature skyscrapers and luxury ventures that turn Dubai into a real estate hub. His ability to predict trends in the real estate market and his forays into retail, e-commerce, and hospitality are all proof of his strategic acumen. Middle Eastern economies are accelerating diversification away from oil dependence. Their governments are focusing on sectors such as tourism, logistics, healthcare, and renewable energy to create jobs and reduce hydrocarbon dependence. For instance, Abdul Aziz Al Ghurair’s Emiratisation in Al Ghurair Investment is not just about building local human capital but also about driving sustainability objectives. Technology: Driving Digital Transformation Optimism Amid Global Challenges Technology is also one of the catalysts for economic diversification. e& Group CEO Hatem Dowidar has led telecoms and technology innovation, propelling local business onto global stages. Middle Eastern CEOs are embracing generative AI for business to create value. The Middle East’s AI economy will be transformed radically in the next several years. While there is global economic stress in the form of inflation and geo-political tensions, CEOs in the Middle East are optimistic about growth. That is due to the fact that there is innovation through digitization, decarbonization, and modernization across most sectors. Global Influence: Shaping International Business Female Leadership: Breaking Barriers Middle Eastern business leaders increasingly dominate the world. Their visibility on the global stages and in alliances is proof that they are just as competent at handling complex geopolitics as they are at handling growth. Such global exposure is the reason why the region is increasingly becoming a business center. Women leaders are also appearing in the development of the Middle East economy. Lubna Olayan, CEO of Olayan Financing Company, has been a firm advocate of diversity in the Saudi Arabia workforce. Noor Sweid, co-founder of Global Ventures, has been the UAE venture capital and entrepreneurship trailblazer. It is an indication of how more women are entering the business world in the region that these women are now surfacing on the leadership stage as well. Conclusion Visionary business leaders are leading Middle East economic reforms. They are using technology, sustainability, and smart innovation to revolutionize businesses and address problems of society. They put the region on the path to sustainable prosperity and leading the global economy. Social Responsibility and Sustainability CEOs themselves also began looking beyond profit today to consider social responsibility as well. For example, Kabir Mulchandani, who owns FIVE Hotels & Resorts, advocates for philanthropy and environmental responsibility in business. This is part of greater regional efforts at balancing economic growth and the destruction of the environment. Subscribe to The Dubai Leaders Your Gateway to a world of Knowledge and Creativity! 18 THE DUBAI LEADERS | April 2025 |

21. Real Estate: Urban Visionary Development Economic Diversification: A Strategic Imperative Real estate visionaries like Mohamed Alabbar have seen metropolis cityscapes for cities like Dubai and Abu Dhabi. Alabbar’s joint venture with Emaar Properties has created signature skyscrapers and luxury ventures that turn Dubai into a real estate hub. His ability to predict trends in the real estate market and his forays into retail, e-commerce, and hospitality are all proof of his strategic acumen. Middle Eastern economies are accelerating diversification away from oil dependence. Their governments are focusing on sectors such as tourism, logistics, healthcare, and renewable energy to create jobs and reduce hydrocarbon dependence. For instance, Abdul Aziz Al Ghurair’s Emiratisation in Al Ghurair Investment is not just about building local human capital but also about driving sustainability objectives. Technology: Driving Digital Transformation Optimism Amid Global Challenges Technology is also one of the catalysts for economic diversification. e& Group CEO Hatem Dowidar has led telecoms and technology innovation, propelling local business onto global stages. Middle Eastern CEOs are embracing generative AI for business to create value. The Middle East’s AI economy will be transformed radically in the next several years. While there is global economic stress in the form of inflation and geo-political tensions, CEOs in the Middle East are optimistic about growth. That is due to the fact that there is innovation through digitization, decarbonization, and modernization across most sectors. Global Influence: Shaping International Business Female Leadership: Breaking Barriers Middle Eastern business leaders increasingly dominate the world. Their visibility on the global stages and in alliances is proof that they are just as competent at handling complex geopolitics as they are at handling growth. Such global exposure is the reason why the region is increasingly becoming a business center. Women leaders are also appearing in the development of the Middle East economy. Lubna Olayan, CEO of Olayan Financing Company, has been a firm advocate of diversity in the Saudi Arabia workforce. Noor Sweid, co-founder of Global Ventures, has been the UAE venture capital and entrepreneurship trailblazer. It is an indication of how more women are entering the business world in the region that these women are now surfacing on the leadership stage as well. Conclusion Visionary business leaders are leading Middle East economic reforms. They are using technology, sustainability, and smart innovation to revolutionize businesses and address problems of society. They put the region on the path to sustainable prosperity and leading the global economy. Social Responsibility and Sustainability CEOs themselves also began looking beyond profit today to consider social responsibility as well. For example, Kabir Mulchandani, who owns FIVE Hotels & Resorts, advocates for philanthropy and environmental responsibility in business. This is part of greater regional efforts at balancing economic growth and the destruction of the environment. Subscribe to The Dubai Leaders Your Gateway to a world of Knowledge and Creativity! 18 THE DUBAI LEADERS | April 2025 |

22. Business Leaders of Tomorrow Emerging Business Leaders Reshaping Middle Eastern Markets T he Middle East, which historically has been rich in oil reserves, has been experiencing a sudden change in the past few years. The emergence of new business leaders is taking center stage in redefining the markets, reversing the trend from oil dependence to diversified economies fueled by innovation, technology, and sustainability. Not only are these new business leaders transforming industries, but they are also opening the doors for generations to come of entrepreneurs within the region. The Emergence of a New Generation of Business Leaders Traditionally, the Middle East economy has been dependent on oil exports. As the world turns to cleaner energy sources and diversification is no longer optional, a new generation of business leaders has emerged. These leaders are more and more motivated by the aspiration to create sustainable businesses that will survive the post-oil world. They are developing innovative solutions to respond to issues like climate change, unemployment, and economic diversification, which are top priorities for governments in the region. Most of these business leaders belong to a new generation that is well-educated, internationally networked, and ambitious. They are knowledgeable about the newest technologies and trends and keen to make their mark in a historically conservative marketplace. This revolution is not just being witnessed in the traditional business centers of Dubai, Riyadh, and Doha but is also being observed in smaller, newer markets like Bahrain and Oman. Business Leaders Adopting Technological Innovation One of the prime attributes of the new generation of Middle Eastern business leaders is technology and innovation. The leaders are more and more adopting digital transformation, with a specific interest in artificial intelligence (AI), blockchain, and fintech. The healthy drive of the region to become a global technology hub is a reflection of business leaders adopting technological transformation. Dubai, for example, has attracted tech entrepreneurs because of its geographical location, pro-business policies, and investments in advanced infrastructure. Entrepreneurs such as Careem's founder Mudassir Sheikha and Souq.com's co- founders Ronaldo Mouchawar and Samih Toukan are the best examples of people who have used technology to build successful companies that are now household names. 20 21 THE DUBAI LEADERS | April 2025 | THE DUBAI LEADERS | April 2025 |

23. Business Leaders of Tomorrow Emerging Business Leaders Reshaping Middle Eastern Markets T he Middle East, which historically has been rich in oil reserves, has been experiencing a sudden change in the past few years. The emergence of new business leaders is taking center stage in redefining the markets, reversing the trend from oil dependence to diversified economies fueled by innovation, technology, and sustainability. Not only are these new business leaders transforming industries, but they are also opening the doors for generations to come of entrepreneurs within the region. The Emergence of a New Generation of Business Leaders Traditionally, the Middle East economy has been dependent on oil exports. As the world turns to cleaner energy sources and diversification is no longer optional, a new generation of business leaders has emerged. These leaders are more and more motivated by the aspiration to create sustainable businesses that will survive the post-oil world. They are developing innovative solutions to respond to issues like climate change, unemployment, and economic diversification, which are top priorities for governments in the region. Most of these business leaders belong to a new generation that is well-educated, internationally networked, and ambitious. They are knowledgeable about the newest technologies and trends and keen to make their mark in a historically conservative marketplace. This revolution is not just being witnessed in the traditional business centers of Dubai, Riyadh, and Doha but is also being observed in smaller, newer markets like Bahrain and Oman. Business Leaders Adopting Technological Innovation One of the prime attributes of the new generation of Middle Eastern business leaders is technology and innovation. The leaders are more and more adopting digital transformation, with a specific interest in artificial intelligence (AI), blockchain, and fintech. The healthy drive of the region to become a global technology hub is a reflection of business leaders adopting technological transformation. Dubai, for example, has attracted tech entrepreneurs because of its geographical location, pro-business policies, and investments in advanced infrastructure. Entrepreneurs such as Careem's founder Mudassir Sheikha and Souq.com's co- founders Ronaldo Mouchawar and Samih Toukan are the best examples of people who have used technology to build successful companies that are now household names. 20 21 THE DUBAI LEADERS | April 2025 | THE DUBAI LEADERS | April 2025 |

24. Middle Eastern business leaders are also working towards creating smart cities, where technology can be utilized to make cities more sustainable and efficient. Dubai Smart City and the establishment of Neom in Saudi Arabia are clear signs of how these visionary business leaders are creating the future of cities with tech innovation. beyond oil has drawn many business leaders, who are developing projects that will transform Saudi Arabia's economic map. The construction of enormous entertainment centers and the opening of the kingdom to foreign tourism are thrilling new prospects in a region previously defined by oil riches. Sustainability and Social Impact Challenges Confronting Emerging Business Leaders As necessary as technology is, however, many of the new business leaders in the Middle East are also putting a high priority on sustainability and social responsibility. As concern about the environment grows, these leaders are looking for ways to incorporate sustainable processes into their operations, from cutting carbon footprints to investing in alternative energy. Notwithstanding the new growth and development, emerging business leaders in the Middle East continue to encounter challenges. The political instability of the region, volatility of oil prices, and regulatory challenges can pose challenges to those attempting to establish new ventures. Additionally, venture capital access is low, and most young entrepreneurs lack the funding to take their businesses to scale. For instance, the UAE's Masdar Group, spearheaded by businesspersons who are enthusiast about renewable energy, has excelled in the solar energy sector. In a similar manner, businesspersons within the region are supporting water- conserving startups, waste-management startups, and environment-friendly product companies. The Arab Youth Climate Movement, spearheaded by young businesspersons, is another example of a bottom-up movement that is bringing sustainable change to the environmental landscape in the region. Cultural considerations, such as traditional social mores and restricted gender equity in the labor force, are also obstacles. But the emerging generation of business leaders is making a growing call for more inclusion and diversity, seeking to erode these obstacles in business and society. Conclusion: A Bright Future for Middle Eastern Markets Rising business leaders in the Middle East are at the forefront of transforming the region's markets. With their innovation, technological shifts, and emphasis on sustainability, they are propelling economic diversification and setting the stage for a more sustainable future with reduced dependence on oil. Although there are challenges, the increasing pool of visionary leaders dedicated to driving meaningful change in the region promises a prosperous future for Middle Eastern markets. Equally, social entrepreneurship is picking pace. Corporate CEOs are not merely concerned with turning a profit, but they also aim to meet societal challenges in the areas of poverty, education, and medicine. The chairman of the social enterprise 'The Red Crescent' is an example of an entrepreneur who has contributed significantly in gathering resources towards fulfilling humanitarian services region- wide. Globalization and Market Expansion As business leaders continue to break barriers, the Middle East will not only remain a central figure in the world economy but also grow into an innovation hub, a sustainable hub, and an entrepreneurial hub. The influence of these business leaders will be seen for generations to come and will reshape the future of the region and the world. Middle Eastern business executives are also increasingly looking outward from the boundaries of their home nations. As globalization continues to create new possibilities, these executives are taking their businesses abroad into international markets. The success of Emirates Airlines and Aramex, both of which have expanded into global companies, is proof of the international vision of Middle Eastern business leaders. Business leaders are also venturing into new business areas, such as tourism, real estate, and entertainment. Saudi Arabia's Vision 2030 to diversify the kingdom's economy 22 THE DUBAI LEADERS | April 2025 |

25. Middle Eastern business leaders are also working towards creating smart cities, where technology can be utilized to make cities more sustainable and efficient. Dubai Smart City and the establishment of Neom in Saudi Arabia are clear signs of how these visionary business leaders are creating the future of cities with tech innovation. beyond oil has drawn many business leaders, who are developing projects that will transform Saudi Arabia's economic map. The construction of enormous entertainment centers and the opening of the kingdom to foreign tourism are thrilling new prospects in a region previously defined by oil riches. Sustainability and Social Impact Challenges Confronting Emerging Business Leaders As necessary as technology is, however, many of the new business leaders in the Middle East are also putting a high priority on sustainability and social responsibility. As concern about the environment grows, these leaders are looking for ways to incorporate sustainable processes into their operations, from cutting carbon footprints to investing in alternative energy. Notwithstanding the new growth and development, emerging business leaders in the Middle East continue to encounter challenges. The political instability of the region, volatility of oil prices, and regulatory challenges can pose challenges to those attempting to establish new ventures. Additionally, venture capital access is low, and most young entrepreneurs lack the funding to take their businesses to scale. For instance, the UAE's Masdar Group, spearheaded by businesspersons who are enthusiast about renewable energy, has excelled in the solar energy sector. In a similar manner, businesspersons within the region are supporting water- conserving startups, waste-management startups, and environment-friendly product companies. The Arab Youth Climate Movement, spearheaded by young businesspersons, is another example of a bottom-up movement that is bringing sustainable change to the environmental landscape in the region. Cultural considerations, such as traditional social mores and restricted gender equity in the labor force, are also obstacles. But the emerging generation of business leaders is making a growing call for more inclusion and diversity, seeking to erode these obstacles in business and society. Conclusion: A Bright Future for Middle Eastern Markets Rising business leaders in the Middle East are at the forefront of transforming the region's markets. With their innovation, technological shifts, and emphasis on sustainability, they are propelling economic diversification and setting the stage for a more sustainable future with reduced dependence on oil. Although there are challenges, the increasing pool of visionary leaders dedicated to driving meaningful change in the region promises a prosperous future for Middle Eastern markets. Equally, social entrepreneurship is picking pace. Corporate CEOs are not merely concerned with turning a profit, but they also aim to meet societal challenges in the areas of poverty, education, and medicine. The chairman of the social enterprise 'The Red Crescent' is an example of an entrepreneur who has contributed significantly in gathering resources towards fulfilling humanitarian services region- wide. Globalization and Market Expansion As business leaders continue to break barriers, the Middle East will not only remain a central figure in the world economy but also grow into an innovation hub, a sustainable hub, and an entrepreneurial hub. The influence of these business leaders will be seen for generations to come and will reshape the future of the region and the world. Middle Eastern business executives are also increasingly looking outward from the boundaries of their home nations. As globalization continues to create new possibilities, these executives are taking their businesses abroad into international markets. The success of Emirates Airlines and Aramex, both of which have expanded into global companies, is proof of the international vision of Middle Eastern business leaders. Business leaders are also venturing into new business areas, such as tourism, real estate, and entertainment. Saudi Arabia's Vision 2030 to diversify the kingdom's economy 22 THE DUBAI LEADERS | April 2025 |

26. “The way to get started is to quit talking and begin doing.”

27. “The way to get started is to quit talking and begin doing.”