Arabs & Arabian Records Aggregator. Chronicler. Milestones of the 25 Countries of the Arabic Speaking World (official / co-official). AGCC. MENA. Global. Ist's to Top 10's. Records. Read & Enjoy./ www.arabianrecords.org
Winner of the Audience Award at Venice Film Festival’s Orizzonti Extra Section, ‘Nezouh’ follows a Syrian family on the verge of becoming refugees.
Syrian film ‘Nezouh’ starring Kinda Alloush and Samer Al Masri, and directed by Syrian filmmaker Soudade Kaadan, won the Audience Award at Venice Film Festival’s Orizzonti Extra Section, supported by Armani Beauty. This is Kaadan’s second win at the festival after ‘The Day I Lost My Shadow’ (2018), her first feature-length film and the winner of Best Debut Film.
The film stars the Cairo-based Syrian actress Alloush, known for her roles in Egyptian and Syrian dramas. She was first introduced to Egyptian audiences in 2009 with her role in ‘Welad El A’am’ and has since starred in multiple films and series including ‘El Maslaha’ (2012), and ‘El Asliyyin (2017). She’s also part of the cast of ‘The Swimmers’ (2022) which debuted at Toronto Film Festival.
‘Nezouh’ is set in war-torn Damascus and tells the story of a Syrian family at a crossroads choosing between fleeing or clinging on to their home. The father, played by Samer Al Masri, refuses to become a refugee while his fourteen-year-old daughter yearns for freedom. The film is inspired by the filmmaker’s personal journey away from Damascus and the effect of the conflict on Syrian women’s social reality.
At only 14 years old, Egyptian athlete Hana Goda holds the number one rank in the International Table Tennis Federation’s (ITTF) U19 Girls’ Singles list for the first time.
Egyptian table tennis champion Hana Goda has cemented her legacy as the first person to hold the number one rank in the International Table Tennis Federation’s (ITTF) U19 Girls’ Singles list at only 14 years old.
After an exceptional performance at the 2022 ITTFA, the long-standing national champion and Africa Cup senior champion also stands at 43 in the International Table Tennis Federation’s Women’s Singles ranking worldwide.
As Egypt promotes the trail of the Holy Family as a major tourist experience, Ahram Online republishes an account of stops and cities where the Virgin Mary, Joseph and Jesus found safety and shelter in the country.
“Now when Jesus was born in Bethlehem of Judaea in the days of Herod the King, behold, there came wise men from the east to Jerusalem, saying, Where is he that is born King of the Jews? For we have seen his star in the east, and are come to worship him.”
(Matthew 2:1-2)
———-
The story of the holy family’s journey from Palestine to Egypt has long been recorded with dedication by historians and authors around the world. Many look upon the journey as a mark in the history of Egypt, not merely a religious event. Egyptians look with fondness and pride on the passage of the holy mother and her child through the land of Egypt, and the fact that they found solace here.
The flight to Egypt
The Virgin Mary gave birth to Jesus in Bethlehem of Judaea in Palestine. Upon his birth, wise men preached to the people of the city, declaring that Jesus was the chosen one, and that, “according to prophecies” they had seen in the stars, he would become the next king of the Jews. Upon hearing the news, King Herod was overcome by terror at the possibility of losing his throne. He decided that killing Jesus was the only way to protect his royal status.
In a dream, Joseph, the carpenter, was ordered by God to escort Jesus and his mother to Egypt, where they would find refuge. Both Western and Eastern traditions agree that the method of transport most likely used by the holy family on their journey to Egypt would have been a donkey. In this situation, the Virgin Mary would have been seated on the donkey, holding the child Jesus in her arms and Joseph would have walked by their side, leading the way.
The holy family in Sinai
Keller writes in his book, The Bible as History (1955): “A day’s journey from Gaza brought the holy family to the ancient township of Jenysos, which is mentioned by Herodotus, the Greek historian.” Today, this village, which is part of the Gaza Strip, is known as Khan Younis. “The next town on the holy family’s route would have been Raphia (Rafah), the frontier town between the Gaza Strip and the province of Egypt.”
Continuing for another 44 kilometres, beyond Raphia, and after almost two days of traveling, the mother and child reach Wadi Al-Arish, a point at which they are safe enough to obtain food and shelter. The holy family passes by other towns in Sinai such as Al-Muhammadia and Al-Farma, located 35 kilometres east of El-Qantara City. Churches from the 5th and 6th century have recently been discovered in Al-Farma.
Route to the Nile Delta
The holy family continued on its trip to the Nile Delta, stopping at the city of Musturod, only 10 kilometres from Cairo. “The Virgin Lady”, a 12th century church, was found in the city.
Keller adds in his book: “The city of Musturod was again visited by the holy family on their return journey to Palestine.” After leaving Musturod and passing by Belbes, the holy family travel west to the Valley of Natroun, crossing the western branch of the Nile (the Rasheed branch).
The holy family in Cairo
The movie Journey of the Holy Family portrays the settlement of the blessed family in Al-Mataraya district near Ein Shams (Old Heliopolis). They find shade under a sycamore tree that came to be known as “Mariam’s Tree,” which has evolved into an engrossing attraction for religious tourists. The holy “Mayron oil,” or the “Chrism,” is nowadays prepared from the oil of the tree.
An ancient church was built in the area by the name of “The Virgin Mary” and is visited by people to this day. Paintings can be found inside the church, including maps of the holy family’s journey, as well as a statue of Jesus and his blessed mother guarded by Joseph the Carpenter.
In his book The Geography of Coptic Egypt (1989), French historian Amelenio narrates some of the stories passed down about the miracles of “Mariam’s Tree.”
One such story tells how “the French army sat by the tree, drank from its well and wrote their names on its stems.” It is believed that some of the wounded soldiers were healed by its oil. Amelenio adds: “Al-Matarya district became the most popular shrine in Egypt; a place where people flooded to for blessings and spiritual remedies.”
The second district visited by the holy family in Cairo was Al-Zeitun, where a church by the name “The Virgin Mary” was constructed in Toman Bey Street. It is said that appearances of the blessed lady were witnessed around the domes of the church up until recent years.
Another spot visited by the holy family was Zowela Avenue on at Been El-Soreen Street in El-Gamaleya district. An ancient church is found there with the same name, “The Virgin Mary”. It is considered one of the largest churches in Egypt and is distinguished by its basaltic style.
The holy family moved on to “Old Egypt” (Al-Fustaat) where they dwelled for a short time in a cave in Abi Serja’s Church, within the walls of the Roman Babylon fortress. “The cave is about 20 feet tall, 15 feet wide and does not have any windows,” as described by Amelenio, who believes the holy family’s stay in the cave did not exceed a week. After leaving Al-Fustaat, they moved to Maadi district and settled at the location where the Virgin Mary Monastery and church were later built by the Nile.
Amelenio explains that during Ottoman rule in Egypt, the church had a marina for boats allocated for the transport of people and soldiers traveling to and from Egypt. Some villages in Upper Egypt were visited by the holy family such as Assiut and Minya. In the book History of the Coptic Nation, author Samy Saleh records that the holy family took the same route on their journey back to Palestine. They first go to Maadi, passing through Old Egypt, then follow the road to Ein Shams, back to the city of Mustorod, and finally El-Arish, and from there to Gaza.
The trail of the blessed
At present, many Egyptian historians and archeologists are calling for a project to track each town or city visited by the holy family, so as to make it easier for tourists to visit the blessed spots, thus reviving the symbolism of the holy journey and its message of peace and goodwill to all men.
Navigating AIDA IV through new Suez Canal on opening day: Meet Egypt’s 1st female shipmaster.
Marwa El-Selehdar reveals how she became Egypt’s first female shipmaster and her journey to be part of the new Suez Canal celebrations.
As the government promoted the new Suez Canal as “Egypt’s gift to the world,” Marwa El-Selehdar, the country’s first and youngest female shipmaster, received the good news.
The 24-year-old would assist in navigating a naval vessel through the new waterway during the opening celebrations on 6 August, she was recently informed.
“I never thought that my dream would finally come true. I am going to be part of the inauguration as a second naval officer on the deck of the training ship AIDA IV,” El Selhdar told Al-Ahram newspaper.
El-Selehdar believes that her participation as the youngest and first Egyptian and Arab female shipmaster would bolster the image of the “civilised Egyptian women.”
“I was filled with joyous fear when I first learned about my participation.”
A 2012 graduate of the Arab Academy of Science, Technology and Maritime Transport (AASTMT) in the coastal city of Alexandria, El-Selehdar said that becoming a shipmaster was a childhood dream.
“In my first time ever training on board a ship, [My] Captain Abdel Hamid El-Qady and the rest of the crew made me feel at home,” El-Selehdar recalled.
Initially enrolled as a student in the maritime transport department at AASTMT, El-Selehdar was later encouraged to move to the marine navigation department at the school when she found out that there were no rules that prohibit females from studying to become shipmasters, she said in a television interview back in 2010.
Her determination to join the marine navigation department was further fuelled when she heard that a female student from the African Island of Djibouti won a scholarship to study at the department.
“I challenged myself and asked for a transfer from the maritime transport department to the marine navigation department. Amid a wave of refusals, this was the battle I had to fight in order to achieve my dream,” El-Selehdar said.
As she joined a male-dominated profession, El-Selehdar says that her mother encouraged her [as a woman] to continue on the path she chose.
Egypt has been preparing for grand celebrations for the opening ceremony of the new Suez Canal waterway on Thursday.
On Tuesday, nine swimmers who belong to the Egyptian Paralympics team – set to compete in the 2016 Rio de Janeiro Paralympics — crossed the new waterway holding a huge Egyptian flag.
Incoming visitors to the country had their passports stamped with “Egypt’s gift to the world” by Customs authorities.
After fulfilling her first dream of becoming a shipmaster, El-Selehdar is ready to achieve her second dream of living through the opening of the new canal.
“I always thought this project was a major one, but I never realised we would actually witness this remarkable and extraordinary event,” El-Selehdar said.
source/content: english.ahram.org.eg (headline edited) text / pix: marineinsight.com
Secretary-General of the United Nations Antonio Guterres has appointed Egypt’s former permanent representative to the UN Mohamed Idris as a member of the Advisory Group of the United Nations Peacebuilding Fund, the Egyptian foreign ministry announced .
The appointment is in appreciation of the Egyptian diplomat’s efforts during Egypt’s 2021 presidency of the UN Peacebuilding Commission and as an affirmation of Egypt’s leadership in enhancing the effectiveness of the UN peacebuilding structure since its establishment in 2005, the foreign ministry said in a statement.
This is the fourth time an Egyptian has been appointed as a member of the Advisory Committee of the United Nations Peacebuilding Fund, representing African countries, it added
The members of the Advisory group have an important role in advising the UN Secretary-General on the programmes and activities of the Peacebuilding Fund in accordance with requests from Member States and overseeing the implementation of the programmes of the Fund, a large part of which is located on the African continent, the ministry said.
The award recognises AUC’s Rare and Special Books Library as a leading institution in the preservation and restoration of Arabic historical documents.
The American University in Cairo’s Rare and Special Books Library was awarded UNESCO Jikji Memory of The World Prize. This prestigious award places the American University in Cairo next to some of the world’s leading history conservation entities. The award ceremony is set to take place this coming September in Cheongju-si, South Korea.
Founded in 1992, the AUC Rare and Special Books Library plays a fundamental role in restoring and preserving Egyptian history. Starting with just a few collector’s items, the RBSCL then developed to contain historic maps of Egypt, archives of oral recordings, historical magazines and periodicals, and historical AUC archives.
The UNESCO Jikji Memory of the World Prize is a USD 30,000 grant, given every two years, that honours institutions that have made notable contributions to the preservation and accessibility of documented history. The prize also pays close attention to the degree of expertise in treating said documents and the presence of special circumstances in procuring them.
Funded by the Republic of Korea, the prize was created to commemorate the inscription of the ‘Buljo jikji simche yojeol’, the oldest movable metal print in the world.
Arabic Calligraphy, the art of creating decorative handwriting or lettering, is one of the oldest art forms from the Arab region; one that has not only thrived with time but also evolved into a unique form of expression. It survived through several tumultuous periods that threatened its existence, from civil wars to an invasion by the Mongol Empire that destroyed Baghdad.
Even though the writing wasn’t as focused on in the past, with many Arabs preferring to memorize poetry and other forms of text and pass them down verbally, that changed significantly later. Calligraphy would flourish to include the preservation of the Quran, adorn mosques as well as the palaces of kings, and by royal scribes when writing decrees, among other things.
In celebration of World Calligraphy Day, we decided to dive into the past and look back at some of the most well-known and prominent calligraphers from the Arab world.
Ibn Muqla
One of the biggest names in developing and improving Arabic calligraphy, born in 885 AD in Baghdad, Iraq, during the Abbasid Caliphate, he started out as a tax collector before rising through the ranks and becoming the Caliph’s Vizier three different times.
At this time, the Kufi style dominated the calligraphy scene, but Ibn Muqla invented new art styles that superseded the previous ones. Ibn Muqla was the one who invented the Thuluth and Al-Mansoub styles, as well as the foundations and rules for others, such as Naskh. The Naskh and Thuluth got further development throughout the centuries that followed, and calligraphers still use them today.
While the Kufic style was rigid in its overall design, Naskh had a more cursive structure but wasn’t as popular and as used at the time, Ibn Muqla changed that by improving on it and using it in official decrees, and private correspondence.
Ibn Muqla’s Thuluth style was new with its letters having long vertical lines with broad spacing. Its name translates to “one-third”, in reference to the maximum height for the letters on the same line must not exceed one-third of the ‘alif.
As for the Al-Mansoubstyle, it mainly focused on three measurements: the size of the period meaning the “Noqta”, the circle with a diameter equal to the height of the alif (the first letter in the Arabic language) and, and the height of the alif.
Ibn Al-Bawwab
Little is known when exactly Ibn Al-Bawwab was born. However, we know of his existence and his body of work thanks to the survival of many of his manuscripts, Qurans, and texts referring to him by name.
With his name literally translating to “son of the doorman,” he didn’t grow up in a wealthy family and had to work to make a name for himself. He did so by learning about law and theology and working in several professions, such as a home decorator. However, he would later settle on working in book illumination and calligraphy.
Over years of hard work, he became renowned as a master calligrapher; fluent in six different styles in the field, perfecting the Al-Mansoub style and developing the Reyhani, Naskh, Tawqi, and Muhaqaq styles significantly.
Housed at the Chester Beatty Library in Dublin, Ireland, is the sole surviving Qur’an penned by Ibn al-Bawwab gifted to the country by Ottoman Sultan Selim I.
Mohammad Hosni
Originally from Syria, Mohammad Hosni Al-Baba was born in 1894 and is considered one of the last classical calligraphers. Al-Baba received his initial formal training with the Turkish master, Istanbul-based Yousef Rasa, who had renovated the Umayyad Mosque in Damascus, Syria. Al-Baba would later study under another renowned calligrapher, Mehmed Showki Afendi, author of the work “The Thuluth & Naskh Mashqs.”
He would later travel to Cairo, Egypt, becoming one of the leaders in Islamic and Arabic calligraphy, turning his home into a hub for artists, calligraphers, and poets. Al-Baba would be famous for improvements to the lettering in the Thuluth style, the linear structure of Arabic script, and was appointed by King Farouk as the first professor to be a master at the Royal Institute of Calligraphy.
His children would continue his legacy but in different fields since many grew up surrounded by artists when they visited Al-Baba’s home. The most famous of his children are actress Soad Hosni, dubbed “Cinderella of Egyptian Cinema,” and Najat Al Saghira, who became an actress and singer.
Hassan Massoudy
Born in 1944, Iraqi painter and calligrapher Hassan Massoudy continues to be one of the biggest inspirations for many modern artists today. French writer Michel Tournier even considered him as the “greatest living calligrapher” in 1989.
Massoudy grew up in Baghdad, Iraq, until 1969, when he fled to Paris, France, entering the École des Beaux-Arts, where he studied figurative painting. At the time, he looked for a job to pay for his studying, finally finding one as a calligrapher in Arabic magazines, writing their headlines.
While he wasn’t famous for a traditional calligraphy style, his distinct and elaborate designs made him stand out among the rest of the artists of his time. Massoudy would delve into the world of theater, collaborating with artists and choreographers, creating different productions focusing on the harmony of dance, calligraphy, and dance routines.
Nja Mahdaoui
Studying abroad but seeking inspiration from his traditional roots, Tunisian artist and calligrapher Nja Mahdaoui invented the world of Arabic calligraphy as a graphic style, creating what was called “Calligrams.”
Born in 1937 in Tunis, Tunisia, he first started learning art history and painting at the Carthage National Museum. He later traveled to Rome, Italy, where he continued to study painting and learned more about philosophy at the Santa Andrea Academy. He also moved to Paris, France, where he went to the Cité Internationale des Arts and École du Louvre before returning to his home country in 1977.
His calligraphic style focuses mainly on the designs he creates as a whole rather than the composition of words since his “calligrams” resemble Arabic letters but have no literal meaning, leading to many naming him the “inventor of abstract calligraphy.” People can see Mahadaoui’s work on several materials used as a canvas, including jewelry, drums, leather, paintings, walls, glass, and so much more.
A UNESCO Crafts Prize laureate, Mahdaoui, graced the Facebook campus in 2018 by painting one of their halls using Arabic calligraphy in his unique style as part of the “FB AIR program,” turning their hall into a vividly colorful masterpiece.
Ahmed Mustafa
Egyptian artist and calligrapher Ahmed Mustafa was born in 1943 in Alexandria, Egypt, graduating from the Faculty of Fine Arts at Alexandria University in 1966 before traveling to the UK on a scholarship to the Central School of Art and Design in London, England, where he earned his Ph.D. in 1989.
Inspired by his Islamic roots, his calligraphic works mainly focused on quotes from the Quran, among other sources. Working on several materials as his canvas, Mustafa has designs on glass and carpets, among others.
Mustafa also set up the Fe-Noon Ahmed Moustafa Research Centre for Arab Art and Design in London in 1983. He lectures and creates workshops globally as well as does commissions, one of which was presented by Queen Elizabeth II to Pakistan for the country’s fiftieth anniversary in 1997.
The following year, the Vatican invited him to do an exhibition at the Pontifical Gregorian University in Rome, Italy. World media at the time announced it as the first achievement of its kind in the history of Muslim-Christian relations.
Sara Sabry – Mechanical and Biomedical Engineer. The first female Egyptian Analog Astronaut
Engineer Sara Sabry has become the first Egyptian to travel on a suborbital flight, after New Shepard’s 22nd space flight (NS-22) – operated by the American private aerospace manufacturer Blue Origin – carried her and five others to the edge of space before returning to Earth.
Launched from Corn ranch, West Texas in the US, the New Shepard stayed for 11 minutes at 106 km above the ground.
The 29-year-old Sabry flew with entrepreneur Mário Ferreira, the first person from Portugal to fly to space; British-American mountaineer Vanessa O’Brien; American technology leader Clint Kelly III; telecommunications executive Steve Young; and Coby Cotton, cofounder of the YouTube channel Dude Perfect.
Sabry earned her bachelor’s degree in mechanical engineering at the American University in Cairo and her master’s degree in biomedical engineering at Italy’s Polytechnic University of Milan.
She is also currently preparing for her PhD in aerospace sciences with a focus on space suit design, according to Blue Origin.
Sabry’s seat on NS-22 is sponsored by the Colorado-based nonprofit Space for Humanity (S4H), which is concerned with increasing access to space for all of humanity.
According to the official website of Space for Humanity, its “citizen astronauts” are chosen from among “change-makers who are currently serving a community leadership role.”
Sabry is S4H’s second “citizen astronaut” to fly on board the NS-22 after Katya Echazarreta in June.
Blue Origin has not announced how much it charges for seats on its space flights, and neither has S4H revealed how much it paid to book seats for its “citizen astronauts.”
According to some news reports, however, the price possibly ranges from zero to $28 million based on several factors including who the passenger’s social status.
This is the sixth trip by Blue Origin since its launch by US billionaire and Amazon founder Jeff Bezos in 2015.
The plant is located in the northwestern governorate of Marsa Matrouh.
Minister of Electricity and Renewable Energy Mohamed Shaker and General Director of Russia’s State Atomic Energy Corporation (ROSATOM) Alexei Likhachev attended the ceremony at the plant, giving the green light to start the construction works.
Shaker said that El-Dabaa’s reactors comply with the International Atomic Energy Agency’s (IAEA) safety measurements. They can endure earthquakes and airplane crashes, he noted, adding that the reactor’s operating span may extend to 60 years.
“Building El-Dabaa NPP allows Egypt the chance to achieve a new level of industry and technology. This will be the biggest project between Russia and Egypt since establishing the High Dam project in Aswan. It has been a dream of Egyptians to acquire nuclear energy for more than half a century. ROSATOM is honoured to fulfil it,” the Twitter account of the Russian Embassy in Egypt quoted Likhachev as saying at the ceremony.
The event was attended by Osama Asran, the deputy minister of electricity and renewable energy, CEO of the Egyptian Electricity Holding Company (EEHC) Gaber Desouky, Advisor to the Minister of Electricity Amgad Said, a delegation of senior officials from Russian companies implementing the project, as well as Amgad El-Wakil, the chairman of the NPPA, which organised the event.
El-Wakil told Al-Ahram Arabic news website on Wednesday that El-Dabaa is located on the Mediterranean, 140 kilometres west of Alexandria.
He noted that funding for the project is based on a governmental financial agreement. Loans will be acquired after operating the plant and collecting revenues from electricity generation.
El-Wakil said the project is expected to generate net revenues of $264 billion for the state treasury over 60 years.
In December 2017, President Abdel-Fattah El-Sisi and Russian President Vladimir Putin signed an agreement in Cairo to initiate work on the plant at a construction cost of $28.75 billion.
Russia will finance 85 percent of the cost with a loan of $25 billion, while Egypt will provide the remaining 15 percent in the form of installments. The Russian loan is repaid over 22 years, with an annual interest of three percent.
On 30 June 2022, the Egyptian Nuclear and Radiological Regulatory Authority (ENRRA) permitted ROSATOM to start the construction work on El-Dabaa project, which Egypt and Russia signed an agreement to build in November 2015 to generate a total of 4,800 megawatts via four reactors.
Earlier in June, ROSATOM announced that it started the manufacture in Saint Petersburg of electrical components for the plant’s reactor vessel, according to Sputnik news agency.
ROSATOM had submitted a request to establish the first two reactors out of four reactors in January 2019, and received the permission in June 2021, after safety measures were checked and qualified workers and means of conducting safety tests were available.
El-Dabaa NPP is designed according to the latest 3+ Generation which is fully compliant with all post-Fukushima requirements of the International Atomic Energy Agency.
ROSATOM had previously announced that 40% of the cost of Dabaa nuclear power plant is allocated for safety measures.
The four units of the plant are expected to operate at full capacity of 4,800 megawatts by 2030, with the first reactor operating at a capacity of 1,200 Megawatts at the first phase, said El-Wakil.
According to the project’s design, the nuclear plant will have four VVER-1,200 reactor units, with the first unit scheduled for operation in 2026.
In November 2021, Egypt signed a long-term $1 million agreement with the Czech ÚJV Rež Research and Development company to consult on El-Dabaa Nuclear Plant, according to ENRRA Chairperson Sami Shaaban.
According to the contract, ÚJV Rež will provide technical assistance to the ENRRA in licensing the nuclear plant.
Forbes Middle East has announced its annual list of the 100 Most Powerful CEOs in the Middle East for 2022.
The American magazine confirmed the status of businessman Hisham Talaat Moustafa, CEO and Managing Director of Talaat Moustafa Holding Group, who ranked 61st, up 6 places from last year’s ranking.
Forbes Middle East magazine said that Hisham Talaat Moustafa is the youngest son of the founder of the Talaat Moustafa Group, which is currently the largest listed real estate company in Egypt.
The magazine stated that the assets of Talaat Moustafa Company amounted to 7.5 billion dollars in 2021, while the group owns a portfolio of land with an area of 74 million square meters.
The group’s revenues amounted to 825 million dollars last year, while the company developed more than 33 million square meters of land, and sold more than 90 thousand housing units.
Forbes reported that the Talaat Moustafa Group recently launched giant projects, including: Privado – Madinaty, Celia and Noor City.
The magazine said that the group has extensive investments in the hospitality sector, including: Four Seasons Resort Sharm El Sheikh, Four Seasons Nile Plaza, Four Seasons San Stefano Alexandria, and Kempinski Nile Cairo.
About the methodology used in the classification, Forbes indicated that its methodology in preparing the list was based on collecting information from financial market disclosures, industry reports, annual reports of companies, financial statements, and other primary sources.
As for the classification of CEOs, it is based on several factors: the influence of the CEO and the company on society and the country, the markets they supervise, the CEO’s experience in his current position, as well as his general experience.
Forbes indicated that the factors affecting the evaluation include: the size of the company in terms of revenues, assets, market value, the CEO’s achievements and performance in the past year, the innovations and initiatives he implemented.
This year, Forbes magazine’s list of the most powerful CEOs in the Middle East includes 100 business leaders from 26 different nationalities, led by the Emiratis with 19 CEOs, followed by the Egyptians with 16 leaders, and the Saudis with 15 business leaders.
The CEOs in the banking and financial services sector topped the list with 27 CEOs, followed by the leaders of the communications sector with 8 heads, and then 7 leaders in each of the energy and logistics sector.
The companies on the list run by CEOs are worth more than 5 trillion dollars, while revenue was more than 1 trillion dollar last year.