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Sun 27 Mar 2011 08:03 AM

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Lebanon places first among Power 500 countries

Arab state generates more power players than any other country, rankings show

Lebanon places first among Power 500 countries
More powerful Arabs trace their roots to Lebanon than any other country in the world, the Arabian Business Power 500 revealed

More powerful Arabs trace their roots to Lebanon than any other country in the world, the Arabian Business Power 500 revealed.

Despite just 27 power players residing in the Arab state, the rankings show that 83 entries – or nearly 17 percent – originate from Lebanon.

Among the top Lebanese names are Charles Elachi, the US-based scientist in at No.7, and fashion designer to the stars Elie Saab, who holds the No.28 spot.

Media mogul Elie Khouri, who runs his advertising empire from the UAE, also makes his mark at No.31 on the Power 500.

As a region, the Middle East has dominated this year’s Power 500, generating 63 percent of entries. Africa follows in second place with 15 percent of entries, while the Americas and Europe account for 13 and 7 percent respectively.

Bringing up the rear is the Asia/Pacific region, which generated two percent of Power players and included the list’s first entry from Vietnam.

Within the Middle East, the UAE is home to the largest number of Power 500 Arabs, taking 20 of the top 100 spots alone.

Saudi Arabia, the Gulf’s most populous state, contributes 62 entries while Egypt, Syria and Kuwait account for 45, 30 and 21 respectively.

Jordan notches up 21 entries each, while a further 18 reside in both Bahrain and Palestine. A further 11 are in Iraq.

To read the full Arabian Business Power 500 rankings, click here