Michael Gale - Middle East's Top Pioneering Business Leaders to Watch in 2025.pdf

Middle East's Top Pioneering Business Leaders to Watch in 2025 Michael Gale’s journey from Silicon Valley tech entrepreneur to global leader in investment

1. August | ISSUE 52 | 2025
Michael Gale
Group CEO
The Entrepreneurs
Group Limited
www.cioleadersmagazine.com
Visionary Strategies
How Top Business Leaders Are
Transforming the Middle East Economy
The New Architects of Growth
Emerging Business Leaders
Reshaping Middle Eastern Markets

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4. E
s we step into a future defined by innovation,
A
resilience, and strategic foresight, the Middle East
stands at a pivotal juncture of transformation.
From the bustling tech hubs of Dubai to the energy
corridors of Riyadh and the entrepreneurial wave rising
across the region, we are witnessing the emergence of a
new era—one shaped by visionary minds who are not just
navigating change but driving it.
In The CIO Leaders special edition of Middle East’s Top
Pioneering Business Leaders to Watch in 2025, we
proudly spotlight individuals who are redefining industries,
building sustainable enterprises, and forging global
connections. These leaders are the architects of progress,
blending tradition with disruption and placing bold bets on
technology, talent, and purpose-driven leadership.
Each profile in this issue tells a story of relentless ambition,
strategic insight, and a deep commitment to impact.
Whether they are transforming legacy businesses,
championing digital transformation, or cultivating inclusive
ecosystems, these trailblazers represent the very best of
what the Middle Eastern business landscape has to offer.
This edition is more than just a celebration of leadership it
is a lens into the future. As the region continues its dynamic
journey toward diversification and global prominence, these
leaders offer a roadmap of excellence, agility, and
inspiration.
We invite you to explore their stories, learn from their
journeys, and join us in celebrating the brilliance that
continues to rise from the heart of the Middle East.
Happy Reading!
Spotlighng the Visionaries Leading
the Middle East Forward
Jamep Dobbk

5. E
s we step into a future defined by innovation,
A
resilience, and strategic foresight, the Middle East
stands at a pivotal juncture of transformation.
From the bustling tech hubs of Dubai to the energy
corridors of Riyadh and the entrepreneurial wave rising
across the region, we are witnessing the emergence of a
new era—one shaped by visionary minds who are not just
navigating change but driving it.
In The CIO Leaders special edition of Middle East’s Top
Pioneering Business Leaders to Watch in 2025, we
proudly spotlight individuals who are redefining industries,
building sustainable enterprises, and forging global
connections. These leaders are the architects of progress,
blending tradition with disruption and placing bold bets on
technology, talent, and purpose-driven leadership.
Each profile in this issue tells a story of relentless ambition,
strategic insight, and a deep commitment to impact.
Whether they are transforming legacy businesses,
championing digital transformation, or cultivating inclusive
ecosystems, these trailblazers represent the very best of
what the Middle Eastern business landscape has to offer.
This edition is more than just a celebration of leadership it
is a lens into the future. As the region continues its dynamic
journey toward diversification and global prominence, these
leaders offer a roadmap of excellence, agility, and
inspiration.
We invite you to explore their stories, learn from their
journeys, and join us in celebrating the brilliance that
continues to rise from the heart of the Middle East.
Happy Reading!
Spotlighng the Visionaries Leading
the Middle East Forward
Jamep Dobbk

6. C
O
N
T
E
N
T
S
20
16
08
Visionary Strategies
How Top Business Leaders Are
Transforming the Middle East Economy?
Business Leaders of Tomorrow
Emerging Business Leaders Reshaping
Middle Eastern Markets
The Front Page Exclusive
Industry Insights

7. C
O
N
T
E
N
T
S
20
16
08
Visionary Strategies
How Top Business Leaders Are
Transforming the Middle East Economy?
Business Leaders of Tomorrow
Emerging Business Leaders Reshaping
Middle Eastern Markets
The FrontPage Exclusive
Industry Insights

8. Editor-in-Chief Merry D'Souza
Deputy Editor
Executive Editor
Assistant Editor
James Green
Mike Anderson
Anish Miller
Visualizer
Art & Design Director
Associate Designer
David King
Tim Daniels
Senior Sales Manager
Marketing Manager
Mane S.
James Sykes
Technical Head
SME-SMO Executive
Phil Bristol
Simon Gayle
Business Development Manager
Sales Executives
Business Development Executives
Digital Marketing Manager
Dave
Morgan
David, JD
Steve, Joe
Dominique T.
Research Analyst
Circulation Manager
Database Management
Technology Consultant
Frank Adams
Robert Brown
Stella Andrew
David Stokes
August, 2025
George Kingston
BriefCompany NameFeatured Person
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
Jai Mulani is the CEO of IBT, leading the organization
with a focus on innovation and strategic growth.
IBT
ibtevolve.com
Jai Mulani
CEO
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
Michael Gale is the CEO of The Entrepreneurs Group, a
company focused on empowering entrepreneurs and business
leaders.
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.
Creative Lighting
creativelighting.co
Nikos Nikolopoulos
Founder

9. Editor-in-Chief Merry D'Souza
Deputy Editor
Executive Editor
Assistant Editor
James Green
Mike Anderson
Anish Miller
Visualizer
Art & Design Director
Associate Designer
David King
Tim Daniels
Senior Sales Manager
Marketing Manager
Mane S.
James Sykes
Technical Head
SME-SMO Executive
Phil Bristol
Simon Gayle
Business Development Manager
Sales Executives
Business Development Executives
Digital Marketing Manager
Dave
Morgan
David, JD
Steve, Joe
Dominique T.
Research Analyst
Circulation Manager
Database Management
Technology Consultant
Frank Adams
Robert Brown
Stella Andrew
David Stokes
August, 2025
George Kingston
BriefCompany NameFeatured Person
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
Jai Mulani is the CEO of IBT, leading the organization
with a focus on innovation and strategic growth.
IBT
ibtevolve.com
Jai Mulani
CEO
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
Michael Gale is the CEO of The Entrepreneurs Group, a
company focused on empowering entrepreneurs and business
leaders.
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.
Creative Lighting
creativelighting.co
Nikos Nikolopoulos
Founder

10. Michael Gale
Group CEO
The Entrepreneurs Group Limited
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 Front
page Exclusive

11. Michael Gale
Group CEO
The Entrepreneurs Group Limited
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 Front
Page Exclusive

12. "Innovation distinguishes between a leader and a follower."
- Steve Jobs
M
ichael Gale's journey from a tech entrepreneur
in Silicon Valley to a Global Leader in invest-
ment banking and wealth management is a
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.
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.
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.
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.
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.
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.
Middle East's Top Pioneering Business Leaders to Watch in 2025

13. "Innovation distinguishes between a leader and a follower."
- Steve Jobs
M
ichael Gale's journey from a tech entrepreneur
in Silicon Valley to a Global Leader in invest-
ment banking and wealth management is a
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.
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.
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.
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.
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.
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.
Middle East's Top Pioneering Business Leaders to Watch in 2025

14. “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.”
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.
Supporting Entrepreneurs
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.
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.”
Qualities in Team Members
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.
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.
Global Business Approach
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.
Understanding the entrepreneurial journey and its intersec-
tion with venture capital led him to share his 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.
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.
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.
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.
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
shis, and
regulaons.
Consuming a
broad set of
informaon about
the world, history,
polics, culture,
religion, business,
events, and
human acvity
helps him
synthesize unique
paerns and gain
aconable
insights.

15. “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.”
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.
Supporting Entrepreneurs
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.
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.”
Qualities in Team Members
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.
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.
Global Business Approach
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.
Understanding the entrepreneurial journey and its intersec-
tion with venture capital led him to share his 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.
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.
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.
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.
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
shis, and
regulaons.
Consuming a
broad set of
informaon about
the world, history,
polics, culture,
religion, business,
events, and
human acvity
helps him
synthesize unique
paerns and gain
aconable
insights.

16. The Middle East emphasized the role of personal connec-
tions 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.
Managing Work-Life Balance
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.
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 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.
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.
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-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.
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.
Through building the
Venture Catalyst and
working with
hundreds of high-
growth companies, I
naturally evolved into
an investment banker
through a non-
tradional path. Over
many years, investors
increasingly sought
my help in inves?vP
in high-growth
companies, which
naturally led to
wealth management.

17. The Middle East emphasized the role of personal connec-
tions 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.
Managing Work-Life Balance
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.
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 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.
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.
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-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.
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.
Through building the
Venture Catalyst and
working with
hundreds of high-
growth companies, I
naturally evolved into
an investment banker
through a non-
tradional path. Over
many years, investors
increasingly sought
my help in inves?vP
in high-growth
companies, which
naturally led to
wealth management.

18. Visionary Strategies
iddle East is also experiencing a revolutionary
M
economic revolution in the hands of business
leaders who are industry transformers, innovation
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.
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.
How
Top Business Leaders
Are Transforming the
Middle East Economy?
www.cioleadersmagazine.com August 202516 17

19. Visionary Strategies
iddle East is also experiencing a revolutionary
M
economic revolution in the hands of business
leaders who are industry transformers, innovation
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.
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.
How
Top Business Leaders
Are Transforming the
Middle East Economy?
www.cioleadersmagazine.com August 202516 17

20. Real Estate: Urban Visionary Development
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.
Technology: Driving Digital Transformation
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.
Female Leadership: Breaking Barriers
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.
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.
Economic Diversification: A Strategic Imperative
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.
Optimism Amid Global Challenges
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
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.
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.
www.cioleadersmagazine.com18

21. Real Estate: Urban Visionary Development
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.
Technology: Driving Digital Transformation
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.
Female Leadership: Breaking Barriers
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.
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.
Economic Diversification: A Strategic Imperative
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.
Optimism Amid Global Challenges
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
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.
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.
www.cioleadersmagazine.com18

22. Business Leaders of Tomorrow
he Middle East, which historically has been rich in oil reserves, has been
T
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.
Emerging Business
Leaders Reshaping
Middle Eastern Markets
www.cioleadersmagazine.com August 202520 21

23. Business Leaders of Tomorrow
he Middle East, which historically has been rich in oil reserves, has been
T
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.
Emerging Business
Leaders Reshaping
Middle Eastern Markets
www.cioleadersmagazine.com August 202520 21

24. “Good leaders nurture leadership
in others and unleash
performance at increasingly
higher levels by identifying and
focusing on a carefully chosen
set of core values.”
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.
Sustainability and Social Impact
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.
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.
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
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
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.
Challenges Confronting Emerging Business Leaders
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.
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.
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.
www.cioleadersmagazine.com22

25. “Good leaders nurture leadership
in others and unleash
performance at increasingly
higher levels by identifying and
focusing on a carefully chosen
set of core values.”
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.
Sustainability and Social Impact
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.
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.
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
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
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.
Challenges Confronting Emerging Business Leaders
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.
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.
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.
www.cioleadersmagazine.com22

28. C
L E A D E R S
www.cioleadersmagazine.com