Real Estate

Forbes Middle East Unveils The Middle East’s Most Impactful Real Estate Leaders 2025

Meet the Power Players Behind the Region’s Mega Projects and Urban Transformation

  • UAE-based leaders reign with 42 entries, followed by 21 in Saudi Arabia and 16 in Egypt.  
  • DAMAC Properties’ Hussain Sajwani tops the ranking.
  • Five billionaires appear on the list, collectively worth $19.3 billion.

Dubai, April 16, 2025: Forbes Middle East has revealed its 2025 ranking of the region’s 100 Most Impactful Real Estate Leaders, spotlighting the developers and decision-makers transforming the region’s skylines. The list was compiled based on each leader’s years of experience, the value of completed and ongoing projects, company financials including total assets and revenues where available, and the size of landbanks and number of units held.

The UAE dominates this year’s ranking with 42 leaders of companies headquartered in the country, followed by Saudi Arabia with 21 entries and Egypt with 16. Claiming the top spot is Hussain Sajwani, Founder and Chairman of DAMAC Properties. In February 2025, DAMAC announced the pricing and settlement of its $750 million senior unsecured three-and-a-half-year Reg S Sukuk—its largest to date. Sajwani’s net worth has doubled over the past year, rising from $5.1 billion in March 2024 to $10.2 billion as of March 2025.

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Shopping & Promotions

Kareena Kapoor Khan Launches the Festive Edition Jewellery Collection from Malabar Gold & Diamonds

Malabar Gold & Diamonds, the 6th largest jewellery retailer in the world with a global presence of over 390 showrooms across 13 countries, proudly unveiled its much-anticipated Festive Edition Jewellery Collection. The collection was officially unveiled by bollywood icon and brand ambassador of Malabar Gold & Diamonds, Kareena Kapoor Khan at a function held in Dubai, UAE.

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Health Care

At Abu Dhabi Global Health Week, Microsoft shows how AI can be an agent of change

AI-powered personal wellness app ‘hayat’ demonstrates how AI can improve care management, patient experiences, and treatment outcomes   

16 April, 2025; Abu Dhabi, United Arab Emirates – Microsoft today brought its AI innovations in healthcare solutions to Abu Dhabi Global Health Week, demonstrating its ongoing commitment to advancing the field of health and wellness in the United Arab Emirates and beyond.

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Technologies

Huawei Pushes Audio Boundaries with Open-Ear HUAWEI FreeArc

Dubai, United Arab Emirates, 16 April 2025: Chinese tech giant Huawei has released their latest audio innovation, HUAWEI FreeArc, a groundbreaking addition to the growing open-ear audio market. Designed to offer a comfortable and secure fit without sealing off the ear canal, the FreeArc continues Huawei’s efforts to redefine how users engage with personal audio – blending high-quality sound with a sense of spatial awareness and long-wear comfort.

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Hotels & Hosppitality

Murat Tütüncü: The Man Behind a New Era in Hospitality

In the heart of Dubai, luxury dining is taking on a whole new meaning under the guidance of Murat Tütüncü. With an unyielding passion for hospitality, Murat has transformed his early dreams into multi-million-dollar restaurant empires that have become renowned both regionally and internationally.

His entrepreneurial journey kicked off in 2009 with Bosporus Dubai—a Turkish restaurant that quickly established itself as a culinary icon with five flagship venues ranging from Dubai Mall to Downtown Boulevard. Recognized by both locals and royalty, the brand’s success culminated in its acquisition by a royal family member from Abu Dhabi, sparking global expansion that now includes over 15 locations worldwide, including London.

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