THE MIDDLE EAST’S
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9. Syed Basar Shueb
Designation: CEO & Managing Director
Company: International Holding Company (IHC)
Country: U.A.E.
Nationality: Emirati
Sector: Investments
Shueb has been at the helm of IHC since 2019. In February 2023, IHC announced the acquisition of a 55% majority stake in Reach Employment Services in a $85.8 million transaction. It also increased its stake in India's Adani Enterprises to more than 5% ($1.7 billion) in October 2023. In the first nine months of 2023, IHC reported revenues of $11.7 billion and assets worth $65.9 billion. Shueb also holds leadership positions at Reem Finance, Chimera Investment, and K-TIG, among others, and is also vice chairman of Alpha Dhabi Holding.