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Fri 1 Nov 2013 11:09 AM

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Saudi king named in world's top 10 most powerful people

King Abdullah is highest ranked Arab in Forbes list which also includes UAE president in 34th place

Saudi king named in world's top 10 most powerful people
Saudi Arabias King Abdullah bin Abdulaziz al-Saud (AFP/Getty Images).

Saudi’s King Abdullah bin Abdul Aziz Al Saud has been listed among the 10 most powerful people in the world, according to a new list by Forbes magazine.

Ranked 8th, compared to 7th last year, King Abdullah was the highest ranking Arab on the list of the World’s Most Powerful People.

“Saudi Arabia's aging monarch holds the keys to Islam's two holiest sites and the world's second largest crude oil deposit of some 265 billion barrels, amounting to about 18 percent of global reserves,” the magazine profile said.

While Russian president Vladimir Putin topped the list, followed by US President Barack Obama, General Secretary of China’s Communist Party Xi Jinping, Pope Francis and German Chancellor Angela Merkel, other regional leaders also made it onto the list.

At 23 was Ali Hoseini-Khamenei, Iran’s Grand Ayatollah, while UAE president Sheikh Khalifa bin Zayed Al Nahyan was at 34 and another Saudi, the kingdom’s oil minister Ali Al Naimi was ranked 40th.

“This tiny Gulf nation holds a proven oil reserve of 97 billion barrels -- the world's seventh largest. As hereditary ruler of UAE capital Abu Dhabi, he is head of the country's richest emirate, and one of the world's wealthiest monarchs,” the magazine said of Sheikh Khalifa ranking.