Designation: Vice chairman
This year will be a big one for P Mohamed Ali, as his firm, Galfar pushes into Kuwait and Iraq. As the founder of the Oman-based company, he is one of the Gulf’s most prominent entrepreneurs. Since its establishment in conjunction with Sheikh Salem Said Al Fannah Al Araimi, Ali has turned the small construction company into a regional market leader, listed on the Muscat Securities Market. Today, the company is the single largest private sector employer in Oman.