Rank: #29
Bashar Abu Rumman
Sector: Free Zone
Company: Aqaba Development Corporation
Designation: CEO
Nationality: Jordanian
Residence: Jordan
Abu Rumman has been at the helm of ADC since 2019 and also serves as a director on the board of Aqaba Container Terminal (ACT). ADC is mandated to build new infrastructure and superstructure for the Aqaba Special Economic Zone, which is one of Jordan’s biggest sources of foreign investment. It has attracted $20 billion in real-estate and tourism development projects. In July 2020, ADC signed a 40-year lease and development agreement worth $100 million with the Oil Petroleum Products Storage & Logistics Company to create the Aqaba Storage Terminal for Crude Oil & Petroleum Products.