• 50% of the listees are based in the U.A.E., with 13 in Saudi and six in Egypt.
  • Pharmaceuticals are most represented with 20 entries, followed by hospitals with 19.

Dubai, U.A.E: Forbes Middle East has unveiled its first ranking of the region's Top 50 Healthcare Leaders, featuring the innovation-driven pioneers of the Middle East's largest and most impactful healthcare organizations.

Among the top five, three entrants head hospitals. Sulaiman Al Habib, Founder and Chairman of the Dr. Sulaiman Al-Habib Medical Services Group (HMG) tops the list. In 2021, HMG recorded $1.9 billion in revenues. Hanan Mohamed Al Kuwari, Managing Director of the Hamad Medical Corporation, and Said Darwazah, Executive Chairman of Hikma Pharmaceuticals, round up the top three. Darwazah is the only leader from Jordan to make the list.   

The U.A.E. dominates the list with 25 of the 50 leaders heading firms based in the emirates, followed by 13 in Saudi Arabia, six in Egypt, two in Qatar, and one each in Kuwait, Algeria, Jordan, and Morocco. Leaders of pharmaceutical companies reign with 20 entries, followed by leaders of the largest hospitals in MENA with 19.

Spanning across the healthcare ecosystem, the 50 industry heavyweights on this list have been fundamental in driving historic innovation and investment into MENA. For example, Mohsen Mahgoub, vice chairman and managing director of Ibnsina Pharma, directed the establishment of a logistics service with an initial investment of $28 million in November 2021. Deals in the sector also flourished, with Dallah Healthcare Company acquiring 8.2% of the International Medical Centre, valued at $77 million, led by CEO Ahmed bin Saleh Babaeer. On the technology front, Fahad Khater, owner and chairman of Alameda Healthcare, announced in early 2022 the company's partnership with CMR Surgical to offer robotic-assisted surgery.

To construct this ranking, Forbes Middle East assessed the size of the business —including revenues and assets—diversity of operations, ownership of assets, and the experience, impact, and achievements of the business leader. All individuals had to be based in the Middle East. Leaders directly working for the government were not considered, however, leaders of government-owned companies were evaluated.

 

 

Top 50 Healthcare Leaders In The Middle East 2022: Country Breakdown

 

U.A.E.

25

Saudi Arabia

13

Egypt

6

Qatar

2

Algeria

Jordan

Kuwait

Morocco

 

1

 

 

 

 

 

 

 

 

 

 

Top 10 Healthcare Leaders In The Middle East 2022

  1. Sulaiman Al Habib: Sector: Hospitals, Country: Saudi Arabia, Founder and Chairman, Dr. Sulaiman Al-Habib Medical Services Group (HMG)
  2. Hanan Mohamed Al Kuwari: Sector: Hospitals, Country: Qatar, Managing Director, Hamad Medical Corporation (HMC)
  3. Said Darwazah: Sector: Pharmaceuticals, Country: Jordan, Executive Chairman, Hikma Pharmaceuticals
  4. Nasser Sultan Al-Subaie: Sector: Hospitals, Country: Saudi Arabia, CEO and Vice Chairman, Mouwasat Medical Services Company
  5. Hasan Jasem Al Nowais: Sector: Diversified, Country: U.A.E., CEO, Mubadala Health
  6. Ayman Tamer: Sector: Pharmaceuticals, Country: Saudi Arabia, Chairman and Managing Partner, Tamer Group
  7. Makarem Sobhi Batterjee: Sector: Hospitals, Country: Saudi Arabia, President and Vice Chairman, Saudi German Health (SGH)
  8. Shaista Asif: Sector: Diversified, Country: U.A.E., Group COO, Pure Health
  9. Patrick van der Loo: Sector: Pharmaceuticals, Country: U.A.E., Regional President for Africa and the Middle East, Pfizer
  10. Shamsheer Vayalil: Sector: Hospitals, Country: U.A.E., Chairman and Managing Director, VPS Healthcare

Click here to view the complete Middle East's Top 50 Healthcare Leaders 2022 list.

-Ends-

About Forbes Middle East

Forbes Middle East is a licensed edition of Forbes for the Arab world, championing inspiring business journalism and entrepreneurial capitalism. Its online and social platforms break news covering billionaires, business, investment, technology, economy, entrepreneurship, leadership, and luxury lifestyles. The monthly magazine, featuring in-depth interviews with the Middle East's most influential and innovative leaders, is published in print in English and Arabic, with digital versions available to both regional and global audiences online.

Forbes Middle East extends the Forbes brand of journalism across the Arab world, conducting its own comprehensive research to publish original lists that adhere to strict methodologies. Its content attracts business leaders, investors, active and potential entrepreneurs, and a wide audience of ambitious and influential executives.

Media contact: Dina ElRefaey, dina.m@forbesmiddleeast.com