DUBAI: Saudi executives dominated Forbes Middle East’s ranking of the best corporate leaders in the region, with Aramco chief Amin Nasser emerging as this year’s number one. The Middle East counterpart of American business magazine Forbes recognized business icons “making significant contributions to the region’s economies.” Some 100 CEOs from around the region were featured, and 24 nationalities were represented. Saudi Arabia had the most entries at 18, followed by the UAE and Egypt with 16 entries each. Four out of the top five chief executives were from the oil and gas industry. Aramco’s Nasser, who was ranked first, was followed by Sultan Ahmed Al-Jaber of the Abu Dhabi National Oil Company.
Deserted Cape Verde hankers for its tourists
Tourists, drawn to Cape Verde’s gentle hospitality, year-round warmth and turquoise seas, account for a full quarter of the country’s gross domestic product (GDP)
Updated 17 April 2021
April 17, 2021 01:40
TARRAFAL, Cape Verde: Way back in B.C. Before COVID Domingos Pereira made a living as a tourist guide, showing visitors the many natural wonders of Cape Verde.
Today, the 26-year-old is in limbo, like tens of thousands of others on the Atlantic archipelago, whose economy depends hugely on the vacation industry.
“I’ve been going fishing every day for the past year,” said Pereira, a T-shirt on his head to protect him from the fierce sun.
Saudi’s Sabic expects business performance to be positive in Q1
31 Jan 2021 The Chief Executive of Sabic, Yousef Abdullah Al Benyan, speaks during a news conference in Riyadh, Saudi Arabia. Reuters Saudi Basic Industries Corp (Sabic), the world’s fourth-biggest petrochemicals firm, expects business performance to be positive in the first quarter of 2021 after an uptick in chemical prices but remains cautious given COVID-19 uncertainty, its CEO said on Sunday.
Saudi Aramco’s acquisition of a 70 per cent stake in Sabic will have a financial benefit worth $3 billion to $4 billion, Yousef Abdullah al-Benyan told reporters on a virtual news conference.