THE MIDDLE EAST’S
17. Yasser Zaghloul
Zaghloul has been with NMDC since 1998 and assumed his current position in 2009. In 2023, the group rebranded all its subsidiaries to align under one brand. The group achieved a 65% increase in net profit for FY2023, reaching $587 million, along with revenues of $4.5 billion. The group’s assets grew from $4.3 billion in 2022 to $6.2 billion as of March 2024. In June 2024, NMDC Energy, Technip Energies, and JGC were awarded a contract worth $5.5 billion for ADNOC’s Ruwais LNG project in the U.A.E. Zaghloul is also a member of the General Board of the Control of Water UAE, a member of the Brussels-based World Organization of Marine Construction and Dredging, and a general supervisor and sponsor for the World Conference of CEDA in Brussels and Abu Dhabi, which covers more than 60 countries worldwide