THE MIDDLE EAST’S

22. Sultan Al-Otaibi

Designation : CEO
Company: Taiba Investments
Headquarters: Saudi Arabia
Established : 1988

Al-Otaibi was appointed CEO of Dur Hospitality in 2019 and became CEO of Taiba Investments in January 2024 following the merger of the two companies. The company’s portfolio comprises 39 properties, including hotels, residential communities, and commercial plazas, with over 7,700 keys and more than 20 properties in development. In October 2024, Taiba Investments signed a partnership with Hilton to bring the Waldorf Astoria Hotels & Resorts to Madinah. In the first nine months of 2024, the company recorded revenues of $260.8 million and had $2.6 billion in total assets.