The Covid-19 pandemic has transformed ways of living and working in the last year.
Accordingly, our annual Gulf Business Arab Power List has seen huge shifts with some leaders standing out as they not only survived a tough year, but also emerged successful.
This year’s list welcomes 28 new entrants, including eight from Qatar.
Saad Sherida Al-Kaabi
President and CEO Qatar Petroleum/ Chairman and MD
Hassan Al Thawadi
Chairman, Qatar 2022 FIFA World Cup
Mansoor Ebrahim Al-Mahmoud
CEO, Qatar Investment Authority
Abdulla Mubarak Al-Khalifa
Group CEO, Qatar National Bank
Sheikha Al Mayassa bint Hamad bin Khalifa Al Thani
Chairperson, Qatar Museums
Akbar Al Baker
Group CEO Qatar Airways
Aziz Aluthman Fakhroo
Sheikh Thani Bin Abdullah Al-Thani
Founder, Ezdan Holding/Philanthropist
We also lead the list this year commemorating a certain group for the enormous power they have yielded. Receiving the special mention – ahead of number one – are the countless number of frontline heroes who saved and protected lives – sometimes at the cost of their own.
Covid-19 frontline heroes
A tiny virus has dominated our lives in the past year in a way we never deemed plausible. From a nondescript market in China, the coronavirus proliferated rapidly, jumping from one host to another, wreaking havoc from one continent to the next. For humanity, the warriors and superheroes this time came in the form of healthcare workers and vital sector operators, who risked their lives to protect and support us.
While recognition has come to them in many ways, words simply do not suffice to acknowledge the power they have wielded in this crisis.
To all the frontline workers who lost their lives, those who have sacrificed precious time with their families, those who have gone above and beyond what was required of them purely in the name of humanity, we salute you.
Gulf Business looked at the events of 2020 and judged each individual case on the basis of four criteria: financial capital, human capital, expansion plans and personal fame levels.
In general, Gulf Business has excluded politicians and royalty, unless the contenders have a strong leaning towards business activity. We have included Arabs from across the world.
Read on to find out exactly who has risen and fallen and who has joined the list this year.