By CW staff
The annual ranking of the most influential people in the region's construction industry
Welcome to the sixth Construction Week Power 100, our annual review of the most influential figures currently operating within the Middle East’s construction sector. This is a celebration of those who are shaping both the industry, and the regional landscape.
True to its roots, this year’s list is dominated by powerhouses from across the GCC. Interestingly, however, it also contains a selection of figures from the wider Middle East. Construction professionals from countries including Egypt, Lebanon and Turkey have all made the cut this year.
This geographic spread is indicative of the level of activity currently taking place within the region. Any uncertainty about the future doesn’t appear to be hampering the developments of today.
Those who’ve taken an interest in CW’s previous Power 100 lists will notice a particularly healthy number of contractors in the latest iteration. During the last 12 months, the Middle East has enjoyed an optimistic developer outlook, especially within the GCC.
This environment has improved the prospects of the region’s contractors, with greater numbers of opportunities to participate in landmark construction and infrastructure projects.
This year’s listees are certainly an optimistic bunch, but they are also exercising a healthy degree of caution within their day-to-day business activities. Owing in no small part to the fluctuating price of global oil during the last year, many construction companies have chosen to realign their operations and prioritise their core competencies.
Indeed, the last 365 days have brought with them an array of high-profile mergers, acquisitions and divestments, which in turn have altered the make-up of the 2015 Power 100.
The CW team has spent months researching, arguing, and ultimately compiling this list, and the final rankings are based on the best information available. That being said, influence is an enigmatic concept, and the 2015 Power 100 is representative of our collective – yet subjective – views on those who hold the most sway.
Like all good journalists, we welcome opinions that differ from our own, so if you feel that you’ve been overlooked, get in touch. We’re already on the hunt for next year’s new entries.