Etisalat boss Ahmad Julfar has topped the annual Arabian Business listing of the UAE’s top 50 CEOs. The list – based on the market value of the top 50 publicly quoted companies – saw Etisalat’s market value come in at $25.19bn.
Michael Tomalin, the outgoing boss of National Bank of Abu Dhabi, was ranked second, with the company’s market value standing at $14.42bn.
DP World CEO Mohammed Sharaf was third, just ahead of First Gulf Bank CEO Andre Sayegh.
The top 50 were propped up by 50th place Ahmed Al Amash, head of Gulf Cement Company which has market value of $322m.