Spotlighting the Regional Leaders Driving Global Impact Across MENA
The 2025 list features 104 regional leaders representing 100 Forbes Global 2000 companies.
Executives hail from 42 nationalities, with India leading with 13 executives.
Amazon’s Ronaldo Mouchawar tops the ranking.
Dubai, U.A.E. – July 16, 2025: Forbes Middle East has revealed the 13th edition of its flagship Global Meets Local ranking, spotlighting the regional heads of the world’s most influential multinational corporations who are not only steering complex business landscapes but actively shaping the Middle East and North Africa’s future across technology, logistics, finance, aerospace, and beyond.
WAMD onboards 30% of Kuwait’s banked population in first 3 months; real-time transactions powered by KNET and ACI Worldwide up more than 12x since 2024
16 July, 2025—ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, and the Shared Electronic Banking Services Company “KNET”, the provider of electronic payment services in Kuwait, today announced that WAMD, Kuwait’s real-time payment system, recorded significant growth in the number of transactions executed since its launch in June of 2024, making WAMD one of the world’s most rapidly adopted real-time payment initiatives.
Malabar Gold & Diamonds Unveils Mojawhraty by Malabar – Exclusive Retail Offering for Arabic Jewellery. Launches 6 Showrooms in the GCC
Malabar Gold & Diamonds, the 5th largest jewellery retailer globally with over 400 showrooms across 13 countries and a name synonymous with trust, quality, and timeless craftsmanship, has unveiled Mojawhraty by Malabar, the brand’s latest retail concept dedicated exclusively to Arabic jewellery.
In the GCC region, Mojawhraty by Malabar has launched 6 showrooms; 2 showrooms in the UAE at Dalma Mall & Ajman City Centre, 2 showrooms in Bahrain at Bahrain City Centre & Bab Al Bahrain and 1 showroom each in the KSA & Oman at Nakheel Mall, Dammam and Muthra Souq respectively
The second showroom of Mojawhraty by Malabar in the UAE at Dalma Mall was inaugurated by Chairman of Malabar Group, M.P Ahammad, in the presence of Vice Chairman, Mr. Abdul Salam K.P; MD-International Operations, Mr. Shamlal Ahamed; Senior Director of Malabar Group, Mr. Mayankutty C; Director of Finance & Admin, Mr. Ameer CMC; Head of Manufacturing, Mr. Faisal A.K; Business Head of Arabic Value Chain, Mr. Sherif Abdelmonem Meligy Hassanin, other senior management team members from Malabar Gold & Diamonds, customers and well-wishers.
“It is with great pride & pleasure that we unveil Mojawhraty by Malabar to the discerning lovers of Arabic jewellery. As part of Malabar Gold & Diamonds’ vision to become the world’s No. 1 jewellery retailer, expanding our design portfolio across diverse cultural and value chains is a key focus. The launch of Mojawhraty by Malabar marks a significant step in establishing a distinct presence in the traditional and contemporary Arab jewellery space. With six showrooms across the GCC and more on the horizon, we are confident that Mojawhraty by Malabar will be welcomed with open arms by jewellery lovers in the region”, commented Malabar Group Chairman, M.P Ahammad.
An Alliance Between Two Industry Leaders Set to Bring the iconic consumer appliances into Dubai Homes
Dubai, UAE – 16 July 2025: Bajaj Electricals, a leading Indian company renowned for its Consumer Appliances and Lighting Solutions, proudly announces a strategic expansion in collaboration with Dubai-based Fakhruddin General Trading Co. LLC, a distinguished distributor celebrated for introducing leading global brands to the Middle Eastern market.
DIB acts as Senior Mandated Lead Arranger and Investment Agent for the US$250 million Islamic tranche
The transaction adds to DIB’s growing portfolio of Islamic syndications across global capital markets.
Dubai, UAE – 16 July 2025:
DIB, the world’s first Islamic bank and the largest in the UAE, has announced its participation, alongside a group of international lenders, in a landmark US$1.85 billion syndicated dual-tranche financing facility extended to Olam Agri, a leading global agri-business.
UAE News 24/7 