Ammon News - AMMONNEWS - Under the theme “Global Meets Local,” Forbes Middle East has recognized the achievements of the Top 100 Executive Management heading global corporate powerhouses in the MENA region at an exclusive event held in Dubai.

The event was well attended by senior executives and officials from some of the most-renowned companies on the global corporate scene such as IBM, Volkswagen, Boeing, McDonald’s, Western Union, HP and Thomson Reuters to name a few.

Acknowledging the achievements of the senior executives present at the prestigious event, Hannah Stewart, Executive Editor at Forbes Middle East, commented:

“Global companies are increasingly looking eastward in pursuit of corporate success. Economic growth for the GCC is expected to rise to 4.1% in 2014 compared to anticipated global growth of 3.6%. This is not just a percentage; behind this growth are a host of business leaders that are driving not only their organisations but economies at the national, regional and global levels towards prosperity. Family businesses, government and entrepreneurial enterprises stand as three main pillars of the region’s economic success, but so too do global corporations, led here on Middle Eastern soil by a pool of international talent.”

Forbes Middle East’s Editor-in-Chief, Khuloud Al Omian, along with Hannah Stewart, presented awards to a stellar line up of leading executives ranked amongst the Global Meets Local Top 100 (full ranking attached). Counting as just a few of the night’s awardees were Eng. Taha Khalifa Regional General Manager for Intel Corporation, MENA; President and Chief Executive of Daimler, ME & Levant, Mike Belk; Thomas Milz, MD Volkswagen, ME; Nour Suliman, CEO of DHL Express, MENA; Walid Kattouha, Head of ME Cluster, Novartis Pharma Services, AG; Yousif Abdulghani, MD McDonald’s ME Development Co and Philippe Cabus, Managing Director at Total, Middle East.

The prestigious event was supported by Lulu Group International, Al Tayyar Travel Group, Manchester Business School, Toshiba, HMG Project Management, EUROSTAR, Western Region Development Council, Al Gharbia, Montegrappa, Patchi and Tarteeb Media.

Extending her support to this prestigious event, Ms. Randa Bessiso, Director, Middle East, Manchester Business School said:

“Middle East business is increasingly active and visible on the world stage and attracting international attention; the region is also attracting some of the world’s top businesses and talent, as well as nurturing its own distinctive leadership styles. World class leadership skills are essential qualities on which the future success of regional business depends.

Recognising the vision and inspiration that these high quality individual leaders bring to businesses is essential and Manchester Business School is delighted to support Forbes in this initiative.”

About The Global Meets Local Study*:
The Global Meets Local study was inspired by the prestigious FORBES Global 2000 – a ranking of the biggest, most powerful and most valuable publicly listed companies in the world. The innovative study highlights the significance of the MENA region and its top executives on the global corporate stage.

The findings of the study reveal that the Banking sector dominated, boasting a total of 14 leaders amongst the top 100, followed by Technology and Insurance sectors with 11 and nine spots, respectively. In addition, the UAE was revealed as the preferred location for global organizations to establish regional headquarters, with a massive 93% of companies favoring the nation as a base.

Complementing the ranking, Forbes Middle East’s Senior Executives To Watch revealed a lineup of 20 individuals who, although yet to complete 12 months in their roles, boast impressive track records in their respective industries, and are set to lead their corporate powerhouses into the future.

The list included Mr. Nobuyuki Negishi, Chief Representative, Toyota – MENARO; Mr. Mohammad Al Tuwaijri, Deputy Chairman & CEO, HSBC- ME; Mr. Samir Cherfan, MD Nissan-ME; Mr. Sanjiv Kakkar, Executive VP, Unilever; and Mr. Sanjeev Chadha, CEO PepsiCo.
Also featured on the list was Mr. Kunita Fukuwa, President & CEO, Itochu; Mr. Shigeaki Yoshikawa, Regional CEO, Mitsubishi Corp; Mr. Koichiro Oshima, MD, Toshiba; Mr. Siddharth Sengupta, Regional Head & CEO, SBI; and Mr. Thierry Chamayou, VP Schneider Electric.
*Full ranking for the Global Meets Local Top 100 is attached along with this release.
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About Forbes Middle East

Forbes Middle East is the licensed Middle Eastern version to the world renowned Forbes magazine and extends the Forbes brand of journalism across the Arab world. Forbes Middle East's distinctive editorial style attracts a readership community of billionaires, powerful Arab men and women, entrepreneurs, C-level executives, government officials and investors united by a belief in the spirit of free enterprise and entrepreneurial values.

Across the region, Forbes Middle East is setting the pace for preemptive business journalism. By uncovering trends and anticipating opportunities in the regional marketplace, each monthly issue, brings top executives the information critical to their success – in both Arabic & English language editions. Forbes Middle East is the guiding compass for investments and best practices in the Arab region.

The magazine researches and publishes original and relevant Lists/Rankings, based on the criteria of neutrality, authenticity, commitment to the methodology of scientific research and the quality of standards set globally by Forbes Media, US.
For press or media related information of Forbes Middle East, please contact: Tarteeb Media at +971 04 440 4830 or visit www.tarteeb.com