Category: Amazing Feats

Egypt and Lebanon Top Forbes’ list of Arab Billionaires for 2021

Forbes Magazine revealed that Egypt and Lebanon are the homes of the wealthiest Arab billionaires for 2021.

The magazine’s annual report noted that the total wealth of the richest Arab families increased to US$55 billion this year, as compared to US$47.3 billion in 2020.

This year’s list includes 22 Arab billionaires including ten who belong to four families. They are the Sawiris and Mansour families from Egypt and the Mikati and Hariri families from Lebanon. The combined fortunes of the four families amount to US$29 billion.

Egypt’s Nassef Sawiris topped the list of Egyptian and Arab billionaires, with a net wealth estimated by Forbes at about US$9.1 billion, while the combined wealth of his family is about US$14 billion.

The two Lebanese brothers, Taha and Najib Mikati, have a fortune of US$5.4 billion, while the Mansour family is worth US$5.1 billion. The total wealth of the sons of late Lebanese Prime Minister Rafik Hariri is $US4.5 billion.

Since 2018, the magazine has not added Saudi billionaires to its list.

Forbes Middle East took a deeper dive into the four richest Arab families. Egyptian billionaires accounted for the largest share of the wealth with US$19.1 billion, while the Lebanese came in second with US$9.9 billion.

The Sawiris family

Members: Nassef, Naguib, and Samih, as well as their late father, Onsi Sawiris

Combined net worth: US$14 billion

Country: Egypt

The Sawiris family is the richest in Egypt, with a net worth estimated at about US$14 billion, most of which is from Nassef Sawiris, who owns $9.1 billion, as he owns a six percent stake in Adidas and a five percent stake in Madison Square Garden Sports, listed in New York. He is also the owner of the NBA’s Knicks and the NHL’s Rangers.

In addition, Nassef manages OCI, one of the largest producers of nitrogen fertilizers in the world, with factories in Texas and Iowa. Its shares are traded on Euronext Amsterdam and the billionaire has a 33 percent stake in it. Nassef also owns various investments, including shares in cement giant Lafarge and Orascom Construction.

He is followed by his brother Naguib Sawiris, who made his fortune from investing in the telecommunications sector, as he sold Orascom Telecom to the Russian telecommunications company VimpelCom, currently renamed VEON, in a deal that included shares and billions of dollars in liquidity in 2011. Naguib chaired the board of directors of Orascom Holding, which invests in one of the largest asset management companies in Egypt, and internet company Italiaonline, among other investments.

The third brother, Samih Sawiris, is rooted in the tourism sector. He developed the Red Sea tourist city of Gouna and has stakes in several companies, including 5.62 percent in OCI NV, 65 percent in Orascom Development Holding, and 6.3 percent in Orascom Construction. The combined value of these stakes is about US$680 million. The fortune of the father, Onsi Sawiris, who passed away a few weeks ago, was about US$997 million. This wealth has not yet been distributed to his heirs, and he still has a stake in OCI NV and Orascom Construction.

Nassef Sawiris’ fortune has witnessed a significant jump during the past 15 months, from US$5 billion in April 2020 to US$9.1 billion today.

The Mikati family

Members: Taha and Najib Mikati

Combined net worth: US$5.4 billion

Country: Lebanon

The two brothers, Taha and Najib Mikati, founded the (M1) Holding Group in the Lebanese capital, Beirut.

The group’s investments include stakes in South African Telecom (MTN), fashion retailers such as Pepe Jeans, and luxury properties in New York, London, and Monaco.

Najib and his brother Taha founded Investcom in 1982, which specialized in the sale of satellite phones, at the height of the civil war in Lebanon. The brothers expanded into Africa, building cell phone towers in Ghana, Liberia, and Benin, among other countries. Investcom became a public company listed on the London Stock Exchange in 2005. In 2009, South Africa’a MTN bought the shares of the two Mikati brothers for US$3.6 billion.

Najib Mikati served as the Prime Minister of Lebanon from 2011 to 2013 and is now serving as PM-designate after Saad Hariri stepped down in July.

The fortune of the two brothers grew from US$4.3 billion in April 2020 to US$5.4 billion on July 17, 2021.

The Mansour family

Members: Mohamed, Youssef, and Yassin Mansour

Combined net worth: $5.1 billion

Country: Egypt

The three brothers, Mohamed, Youssef and Yassin Mansour, gathered their wealth through the huge Mansour family group, which was founded by their late father Lotfi Mansour in 1952 and currently has about 60,000 employees.

Mohamed Mansour established General Motors dealerships in Egypt in 1975, becoming one of the largest distributors of its cars in the world. The group also has exclusive distribution rights for Caterpillar equipment in Egypt and seven other African countries. Mohamed Mansour was Minister of Transport under the Hosni Mubarak regime between 2006 and 2009.

As for Youssef Mansour, he heads the board of directors of the giant family group, and also supervises the consumer products department, which includes the supermarket chain “Metro”, as well as individual distribution rights for “L’Oreal” products in Egypt.

While Yassin Mansour is a shareholder in the group founded by his father, he also chairs the board of directors of Palm Hills Development, one of the largest real estate developers in Egypt. The Mansour Group owns the exclusive rights to franchise the famous brand in the ready-to-eat food sector McDonald’s in Egypt, and is the exclusive distributor for the cigarette brand Gauloises.

Mohamed Mansour’s net worth is US$2.5 billion, while Youssef’s is US$1.5 billion, and Yassin’s US$1.1 billion. The family’s net worth has decreased since April 2020 from US$7.4 billion to US$5.1 billion as of July 17, 2021.

The Hariri family

Members: Bahaa, Ayman, and Fahd Hariri

Combined net worth: $4.5 billion

Country: Lebanon

Bahaa, Ayman and Fahd Hariri are the children of the late Lebanese Prime Minister Rafic Hariri. They inherited their fortunes from their father.

In 2008, Hariri sold his stake in Saudi Oger contracting and construction company to his brother Saad Hariri, the former Prime Minister of Lebanon, who was dropped from the billionaire list in 2019, while Fahd sold his share to his brother Saad in 2012 and Ayman also in 2014.

Bahaa Hariri founded and headed the Horizon Group, a real estate holding company with investments in Amman, and Beirut. He also owns the majority stake in Globe Express Services, a company that provides logistics services in more than 100 countries.

Meanwhile, Ayman Hariri invests in startups through the New York-based company Red Sea Ventures. Among its investments is Nest, which is now part of Google. He is also the co-founder and CEO of Vero, an ad-free social e-platform which allows users to share music, videos, and photos.

As for Fahd Hariri, the youngest son of the late billionaire Rafic Hariri, he invested part of his money in the real estate sector in New York, Paris, and Monte Carlo, and is currently investing in the besieged Lebanese banks, as well as developing residential properties in Beirut.

Edited translation from Al-Masry Al-Youm

source/content : egyptindependent.com/ (July 29, 2021)

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MIDDLE EAST / EGYPT / LEBANON

Bashir Abdi: From Somalian Refugee to Belgian Olympic Bronze Medallist

Bashir Abdi’s bronze medal in the marathon at the Olympic Games in Tokyo is a victory that will go down in the history books. He came to Belgium as a refugee from Somalia as a 13-year-old boy. Speaking after taking bronze in Tokyo, Bashir Adil told VRT Sport that “I always wanted to thank my new country by winning a medal”. 

The scenes of Bashir Abdi being encouraged on by his best friend and training buddy, the Dutch athlete Abdi Nageeye, as they both reached the finishing line will be one of the enduring memories of this summer’s Tokyo Olympics. Bashir Abdi’s bronze medal was the first medal for Belgium in the Olympic marathon event since Karel Lismont’s medal 45 years ago. 

A great sporting achievement for a man that is delighted to be able to give something back to a country that he came to as a teenage refugee and that he is proud to call home. “I always want to thank my new country by giving it a medal. At the European Championships I was successful and won silver and now I am on the podium at the Olympic Games. Hopefully more will follow in the future”.

But what about the past? Who is Bashir Abdi and how did he get to where he is? A couple of months ago Bashir Abdi was a guest in our nightly topical discussion programme ‘De Afspraak’. Then he said “I was 13 years old in 2002 when I arrived in Ghent (East Flanders) with my father, sister and brother. People know me from sport, my achievements as a runner, but few people know about my journey from Somalia to Belgium”. In an effort to change this Bashir’s Dutch teacher a book about his life.

“It was all new I didn’t speak the language; it was a completely different culture, and the weather was cold. First, I was in a football club because in Somalia the only sport on TV or in the paper is football. I didn’t even know that other sports existed. Then I come into contact with athletic and that was something that greatly appealed to me. Running on my own and forgetting about everything that I had gone through gave me so much fulfilment. Society has helped me”.

A key figure in Abdi story is his mother “It is thanks to her that I came to Belgium. She has recognition as a political refugee, and she initiated a family reunification procedure. It took years before I was reunited with her”.

Bashir Abdi’s mother died of cancer in 2011. In the interview he told of what her last words to him were “She call us together on the final day of her life and said, ‘this country has meant so much to all of you, be good people’. She was the one that always supported me being an athlete while the rest of the family felt that it was a waste of time”.

When he was asked by our colleague Phara de Aguirre if he would be running for his Mum on 8 August, Bashir Abdi said “Absolutley, I hope that she will be looking down watch my performance from up there”.  

source/content : vrt.be / flandersnews.be

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BELGIAN / SOMALI

Inspirational Winners of the ‘Arabian Business KSA Women’s Excellence Awards’ : March 2022

There were inspiring scenes as the winners of Arabian Business’ inaugural KSA Women Excellence Awards were revealed at a special ceremony, a glittering evening at the Riyadh Marriott on Mother’s Day with an audience of more than 150 attendees, the winners were revealed.

Before the winners were announced, a fireside chat with Arabian Business Editor in Chief Scott Armstrong heard from Mae Al Mozaini, CEO of nusf – The Arab Institute for Women’s Empowerment, who told the room: “What an exciting time it is to be a Saudi woman – we are the number one most educated women in the region and 10 in the world.”

Meanwhile, Hawazen Almaddah, Group Head of Corporate Communications at IFFCO Group, captivated the room with her ‘letter to her future self’.

Mae Al Mozaini, founder and CEO of The Arab Institute for Women’s Empowerment – Nusf

Secondly, Samar Alshorafa, who is the founding CEO of She is Arab.

And finally, Carla Sertin, ITP Group Editor, who leads brands such as Oil & Gas Middle East, Construction Week, Utilities Middle East, to name but a few.

Editor in Chief Scott Armstrong said: “The journey to today has been breathtaking, and if you plot the line graph for women into Saudi’s future, the potential is incredible.

“As the proud father of an irrepressible daughter and husband to an unstoppable wife, I’m delighted to be here in Riyadh to celebrate the achievements of inspiring women, especially on Mother’s Day here in the Gulf.”

The Winners:

Business – Woman of the Year

Highly Commended: Maria Medvedeva, Vice President, Mastercard, Saudi Arabia and Bahrain.

Winner: Mona Althagafi, KSA Country Director with Serco.

Education – Woman of the Year category

Winner: Alia Albazie – Director of Special Education with the Tatweer Company

Business – Energy – Woman of the Year

Winner: Dr. Abeer Al-Olayan,  General Director at the Ministry of Energy

Entrepreneurial – Woman of the Year

Highly Commended: Nour Al Hassan, the Founder and CEO of Tarjama

Winner: Sheikha Aldosary, founder and managing director of Saudi Women’s Stories

Finance – Woman of the Year

Winner: Tala Al Jabri

Government – Woman of the Year

Highly commended: Reem AlSuwaiyel, Executive Director -Board of Directors General Secretariat at the Diriyah Gate Development Authority

Winner: Dur Essam Kattan, the Deputy Minister for Communications and Media at the Ministry of Culture (MoC), Saudi Arabia

Inspirational – Woman of the Year

Dr. Hibah Shata, owner of Maharat Learning

Linah Alhabeeb, the Associate Director for Human Capital Development at the Diriyah Gate Development Authority (DGDA)

Nouf Aljalaud, currently Customer Success Manager at SITA covering Border Management Service Management

Nouf Abdullah Al Rakan- Nouf founder Qiyadat Global

Law – Woman of the Year

Highly commended: Tala AlJahlan who led the legal and compliance department during the Saudi G20 presidency

Winner: Nasreen Alissa of The Law Firm of Nasreen Alissa

Media – Woman of the Year

Winner: Ghada Alrumayan, group chief marketing and communications officer at the national community developer, ROSHN

Medical – Woman of the Year

Highly commended: Dr Tamara Sunbul, Medical Director of Clinical Informatics with Johns Hopkins Aramco Healthcare (JHAH)

Winner: Taghreed Alghaith of the National Health Economics and Policies at the Saudi Health Council (SHC)

Rising Star – Woman of the Year

Highly commended: Albandari AlajlanDental Department Manager at Dallah Hospital

Winner: Abeer Algwaiz, Design Assistant Manager at the Diriyah Gate Development Authority (DGDA)

Science and Technology – Woman of the Year

Highly commended: Maha Alnuhait, GM of Sustainability with stc

Winner: Dr. Noha Alharthi, Technology Lead at NEOM

Startup – Woman of the Year

Winner: Muzon Ashgar, Muzon Bodycare

Special Recognition – Woman of the Year

Special Recognition – Woman of the Year: Mae Al Mozaini (L), The Arab Institute for Women’s Empowerment

Highly commended: Samiha Ahmed of the Ireland- Saudi Arabia Business Council

Winner: Mae Al Mozaini, The Arab Institute for Women’s Empowerment

source/content: arabianbusiness.com

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SAUDI ARABIA

Tunisian Model Ameni Esseibi Named ‘Arab Fashion Council Ambassador’

The Arab Fashion Council, a non-profit organization representing the fashion industry in the Middle East and North Africa, has named Dubai-based Tunisian model Ameni Esseibi as its new ambassador.

The announcement coincided with the launch of Arab Fashion Week, which includes 28 shows divided into three main programs, namely couture on Thursday and Friday, ready-to-wear from March 26 to 28, and events that will run throughout the five-day gathering.

Esseibi prides herself on being the Arab Fashion Council’s first-ever plus-size ambassador.

She said: “I feel proud. This is a huge step to acknowledge every woman, which is just the first milestone toward a new era for the fashion and retail industries to update the standards boldly and make them more inclusive for every woman. With my new title, I thrive on being a role model for self-confidence.”

The 24-year-old, considered the first plus-size model in the Middle East, is a staunch advocate for inclusivity and diversity in the fashion industry.

Esseibi’s new role marks the first time that the Arab Fashion Council has acknowledged a plus-size model as an envoy, a move it hopes will show its commitment to making a difference in the fashion industry when it comes to inclusivity and tolerance.

Mohammed Aqra, the Arab Fashion Council’s chief strategy officer, said: “It strategically encourages designers to take a step closer to include diverse profiles of the consumers, offering a wider choice for them at offline and online retail.

In addition to being a council ambassador, Esseibi has worked with a number of esteemed brands including Jean Paul Gautier and H&M and has featured in the pages of multiple publications including Vogue Arabia and Elle Arabia.

source/content: arabnews.com

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Ameni Esseibi prides herself on being the Arab Fashion Council’s first-ever plus-size ambassador. Supplied

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TUNISIA / DUBAI, UNITED ARAB EMIRATES (U.A.E.)

Egyptian Mobile App helps Hearing-Impaired Master the Art of Sewing

Fashion design was part of my study at a very young age and  I started my career 10 years ago,” says Egyptian designer Esraa Adel, who graduated from a vocational-technical high school’s ready-made garments department.

Adel specialises in women’s casual wear designs après midi, soiree and much more. She launched her own line of soiree dresses under the title Fashion Corner Brand.

“I took a course to learn sign language for two months to be able to communicate with the hearing-impaired, then introduced changes to the course content to fit their needs. I offer patron (sewing patternmaking) courses using sign language too,” she adds.

Adel stresses that her stern belief in social work and making a difference for people prompted her to help the hearing-impaired with opportunities to start their own businesses.

She teaches drawing mannequins for different female body types, how to choose the right dress for the right body shape, patron drawing and the basics of sewing..

The mobile app ‘Professional Course for Tailoring Clothes with Patron’ was released two years-ago and is available on the Android play store in Arabic version.

“70 percent of users are hearing-impaired and people with disabilities,” Adel says.

The idea for the app won the top prize at the Tamkeen Competition in 2020, which aims to develop software and mobile phone applications for people with disabilities and is held under the auspices of the Ministry of Communications and Information Technology.

El-Khalifa Computer Group is an Egyptian Software Company that turned the idea for the app into reality. 

“The company is the owner and it plans out the entire process. It generates the idea, app design, software, and financial part,” Adel says.

The company received a grant from the ministry to give the hearing-impaired sewing courses in Cairo. 

“I was the only one to give this kind of course in Egypt,” Adel adds. “I am responsible for shooting the videos and creating accessible material and scientific subjects for the application.”

 “The app content helps users master tailoring. It takes two months to study before the user can launch their own project,” she adds.

The app consists of 30 tutorial videos for woman’s wear. It includes how to take accurate body measurements and using sewing machines, needles, scissors and fabrics. It shows applicants the full steps of the tailoring process and how to get the best finish for the final product.

The “fabrics dictionary” is a newly added option that is not available in other sewing apps. It has a full list of fabric types and a video on how to identify them by touch. The fabric glossary is for sewing terms, expressions, and terminology.

The app has three features: sign language, audio, and text for the hearing-impaired.

source/content : english.ahram.org.eg

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EGYPT

Saudi Cup 2022 ‘Most Expensive Equestrian Race in the World’ certified by Guinness World Records, March 2022

The CEO of the Horse Races Club and Secretary-General of the Equestrian Authority, Eng. Marwan Bin Abdulrahman Al-Olayan, received at the club’s headquarters in Riyadh, a Guinness World Records certificate for the most expensive equestrian race in the world.

Guinness World Records official Adjudicator, Ahmed Bucheeri, presented the certificate and award during a ceremony on the platform of the King Abdulaziz Racecourse for Horse Racing.

The 2022 Saudi Cup was able to break records as the most expensive horse race in the world, with a financial prize of $20 million, while the total value of the Saudi Cup race prizes is $35.1 million, representing the most expensive horse racing prize in the world.

He added that the largest financial prize for the individual race, worth $20 million, was in the Saudi Cup, which was organized at King Abdulaziz Racecourse, in Riyadh on Feb. 26, 2022, pointing out that Guinness World Record is now officially registered under the name of the Saudi Cup 2022 after it used to be under the name of the Dubai World Cup, where the prize amounted to $10 million.

source/content: saudigazette.com.sa

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The CEO of the Horse Races Club and Secretary-General of the Equestrian Authority, Eng. Marwan Bin Abdulrahman Al-Olayan, received at the club’s headquarters in Riyadh, a Guinness World Records certificate for the most expensive equestrian race in the world.

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SAUDI ARABIA

UAE is First in MENA region, 10th Globally in Overall Influence: GSPI

The United Arab Emirates has been ranked first regionally and 10th globally for Influence in the Global Soft Power Index (GSPI) 2022.

The UAE advanced to 15th place globally in the overall GSPI ranking, up from last year’s 17th in the GSPI 2021. The country sits at the top in the region and remains at the forefront of the countries in the Middle East and North Africa, achieving progress in all indicators and sub-indicators.

His Highness added, “More than 100,000 respondents worldwide chose the UAE as the first regionally and 15th globally in the Global Soft Power Index 2022. Our country also ranked 10th globally in its influence, enhancing our status and positive impact.”

Sheikh Mohammed stressed that the country’s progress in all indicators and sub-indicators results from the unique model it provides.

H.H. noted, “The UAE’s soft power lies in its development model, which brings together the best ideas and minds across the world and gathers people of all races to build the best development experience in the world.”

The UAE continued its progress in the GSPI 2022, developed by “Brand Finance” British company. The index interviewed more than 100,000 people from 101 countries worldwide to assess the various axes of soft power and its positive influence. The UAE’s overall Soft Power score improved more than 11 percent, progressing to 15th place globally, up from 17th place in 2021.

The UAE’s performance in the 2022 Index that included 120 countries had many core strengths, including its distinguished position as a leading destination for Business and Trade, the ease to do business within a stable economic environment.

Also, the country has a positive impact as the most influential in the region and its reputation as one of the most generous and helpful countries internationally. The UAE has improved its reputation among developed nations during the past year.

The UAE also recorded an outstanding performance in the main indicators during 2022 compared to 2021. The UAE ranked 10th globally in the “Overall Influence” index compared to 12th in the previous year. The UAE ranked 20th globally in the “Reputation” index.

The UAE achieved an overall stable performance in all pillars, especially in the “Culture and Heritage” pillar, where it ranked the 24th, by advancing seven positions from 2021, where it ranked the 31st.

The UAE’s performance on the “International Relations” pillar has shown genuine improvement, as it ranked 11th up from last year’s 16th ranking, showing a strong reputation for being “Influential in diplomatic circles” and “Helpful to other countries in need”. The country’s improving perceptions regarding environmental protection could move UAE into the top 10 in the future.

Also, the UAE ranked first regionally and 10th globally in the “Influence” pillar, the 10th globally in the “Influential in diplomatic circles”, and the 11th globally in the “International relations” pillar. The UAE’s reputation score has marginally improved, and it has moved up to 20th globally, by far the highest among all Arab nations.

The UAE achieved the 8th position globally in the “Strong and Stable Economy” pillar, the 9th globally in “Supporting Economic Recovery” after Covid-19, and the 10th globally in “Business and Trade”. The “Future Growth Potential” of the UAE has improved, ranking 11th globally in the 2022 index.

The UAE is perceived to have managed the pandemic of COVID-19 effectively, which made it a distinguished model regionally and globally. The country succeeded in facing challenges in a balanced way through its proactive policies and procedures.

In this context, the UAE ranked 12th in the overall COVID-19 score. The country ranked 12th in the “Helping other countries manage and recover from COVID” pillar, and 13th in the “Health and wellbeing of its people, including vaccination”.

The UAE ranked 10th globally in the overall influence, while the nine countries that preceded the UAE are among the countries with a large population density. Many countries in the region have advanced in the “Influence” pillar, while the UAE remains at the forefront regionally. The progress achieved by countries in this pillar came in the developing markets of the Middle East and Asia.

Due to its developed strong educational system over the past years, the UAE achieved score improvements across the “Education & Science” pillar, ranking 17th in 2022.

source/content: wam.ae

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UNITED ARAB EMIRATES (U.A.E)

Morocco’s UM6P Awarded “Climate Hero” at UN Youth Conference

Morocco’s Mohammed VI Polytechnic University (UM6P) has been recognized as a “Climate Hero” by the Youth Constituency of the United Nations Framework Convention on Climate Change (YOUNGO).

The recognition was announced at the UN Youth Conference on Climate Change (COY16).

UM6P is one of two institutions in the world that have obtained the recognition of Climate Hero, the Sustainable Development Department of UM6P said in a statement, noting that it “dedicates this appointment to all Moroccans and foreign residents in Morocco.”

“UM6P Youth Statement” was the only statement letter representing the vision of young people in the Kingdom of Morocco during COY16 in Glasgow, Scotland, UK.

The declaration, which was elaborated by youth representatives from the UM6P and the local region of Rehamna, featured six themes: climate change, clean energy, sustainable cities and communities, ecomobility, social inclusion, and gender equality.

source/content : moroccoworldnews.com

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Morocco’s UM6P Awarded “Climate Hero” at UN Youth Conference

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MOROCCO

‘Rally Jameel’ Saudi Arabia’s First ever All-Women (and Women Only) Race that Spans 900 kilometres – scheduled March 17-19

The three-day race event will start in Hail before finishing in Riyadh

Saudi Arabia is readying to host its first women’s-only motoring event.

Called Rally Jameel, the event consists of 34 teams from 15 countries and takes place from March 17 to 19. It will feature both beginners and seasoned veterans in competition.

The 900-kilometre race, which is being held over three days, will start in the north-central city of Hail, taking in the sites of Al-Qassim city and then heading to the capital, Riyadh , via hidden checkpoints and challenges.

Motorsport racer Dania Akeel, who was the first Saudi woman to participate in the Dakar Rally in 2022, says she hopes the event will help women to feel more at ease while driving.

Elsewhere in the region, the UAE is represented by Atefa Saleh, while Oman will have Sanaa Al Shekaili and Halima Al Balushi behind the wheel.

Al Shekaili was the first Omani racer to participate in the 2020 Middle East Rally Championship, finishing in third place.

Al Shekaili also established the first women’s car club in Oman.

There are three teams taking part from the US while Europe will be represented with a team from Sweden and a team from Spain. There will also be one team from Egypt.

“Taking part in Rally Jameel, for me, is an incredible way to support women who are new to the scene of off-roading and motorsports,” says Sedona Blinson, who has previously participated in Rally Jameel’s inspiration, the Rebelle Rally.

The rally, which is not designed as a speed test, was first announced back in December. It is open to any entrant aged 18 or above and holding a driving license accepted in Saudi Arabia. No special equipment is needed, as the cars are required to be totally unmodified, although they must be a 4×4 or AWD.

source/content : thenationalnews.com

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From left, Oman’s Sanaa Al Shekaili, Saudi Arabia’s Dania Akeel and Sedona Blinson from the US are competing in Saudi Arabia’s first women’s only motoring event. Photo: Rally Jameel

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SAUDI ARABIA

Ahmad bin Saeed tops Forbes Middle East’s Top 50 Travel & Tourism Leaders list

 Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority and Chairman and Chief Executive of Emirates Airline and Group, topped Forbes Middle East’s Top 50 Travel & Tourism Leaders list.

The list spotlights 50 leaders who drive growth in the Middle East’s travel and tourism industry, building on their desire to reconnect with the world.

Emirates Airline and Group’s revenue reached US$6.7 billion in the first half of the 2021/2022 fiscal year.

Moreover, Dubai Airports CEO Paul Griffiths ranked third on the list.

The UAE dominated this month’s list with 24 of the leaders featured based in the UAE, followed by 11 in Saudi Arabia, and four in Egypt.

The hotels and hospitality sector is the most dominant on the list with 26 entries, followed by aviation with 17, and tourism with seven entries.

source/content: wam.ae

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DUBAI, UNITED ARAB EMIRATES (U.A.E)