THE MIDDLE EAST’S

46. Firoz Tarapore

Designation: CEO
Company: Dubai Aerospace Enterprise (DAE)
Residence: U.A.E.
Nationality: Indian
Sector: Aerospace

Tarapore assumed his current role in 2013. In Q1 2024, DAE generated $343.6 million in revenues and $12.1 billion in total assets. In January 2024, it signed an agreement with Turkish Airlines for the lease of 10 new Boeing 737-8 aircraft to be delivered in 2025. In April 2024, DAE secured a five-year $750 million unsecured loan with Emirates NBD for financing its business. The company owned, committed, and managed almost 500 aircraft as of March 2024.