Rank: #51
Ahmed Abdelaal
Sector: Banking and Financial Services
Company: Mashreq Bank
Designation: Group CEO
Nationality: Egyptian
Residence: U.A.E.
In October 2020, Mashreq Bank provided Sharjah-based Dana Gas with a loan of $90 million to help redeem its Sukuk worth $309 million due at the end of that month. Under Abdelaal’s leadership, the bank also announced 55% growth in its consumer base in 2020 due to the newly launched digital platforms. Abdelaal joined Mashreq Bank in 2017, with over two decades of experience in finance, banking, and cash management across the Middle East and North Africa. He holds an MBA from the London Business School.