Rank: #20
Faisal Al Bannai
Sector: Defense
Company: EDGE Group
Designation: CEO & Managing Director
Nationality: Emirati
Residence: U.A.E.
Al Bannai is spearheading the modernization of the U.A.E.’s national security capabilities following the consolidation of more than 25 companies under one brand. Under his leadership, EDGE signed an MoU to acquire Lockheed Martin Corporation and Sikorsky’s 40% stake in the Advanced Military Maintenance Repair and Overhaul Center in July 2020. EDGE is one of the biggest military suppliers in the world with more than 12,000 employees and annual revenues of $5 billion. Al Bannai is also the secretary-general of the Advanced Technology Research Council and a member of the Board of Trustees for the Khalifa University of Science.