Riyadh: Arab world is prominent and dominating power in the world of business and its businessmen are dominating all over not only in the Arab countries but in western countries as well. According to the latest ranking of Arabian Business Power 500, the Kingdom of Saudi Arabia’s Prince AlWaleed has topped the Arabian Business Power 500 for the ninth consecutive year.
The Kingdom Holding chairman took pole position in the Arabian Business annual countdown of the world’s most influential Arabs – just ahead of Emirates Airline Chairman, Sheikh Ahmed.
The Olympic double gold champion Mo Farah was the highest ranked new entry in third place, one slot ahead of Emaar’s Head, Mohamed Alabbar. Twitter’s Operations Chief, Mazen Rawashdeh, was the second highest new entry at number five.
The top ten featured five new entries, with heart surgeon Daoud Hanania in eighth place, with Soros Fund’s boss, Abbas Zuwaiter, at number ten.
The 2013 list featured a record 155 new entries, and also a record 118 women – the highest ranked being 12th place, Sheikha Lubna.
The UAE accounted for most places on the list with 102 people based in the country, though ranked by origin, Saudi Arabia came top with 84 entries.
Banking and Finance dominated the list with 93 entries, followed by Culture & Society accounting for 73 entries.
Ed Atwood, Editor of a business publication, said, “Once again we have produced what we believe to be the most comprehensive guide ever to Arab influence. We have Arabs living in a record 36 different countries making this year’s list, from all walks of life. This list is a celebration of the great work and contribution of Arabs all over the globe.”