Overall, Iraqi-American entrepreneur Huda Kattan, who founded Huda Beauty, a cosmetics brand that has amassed approximately 46 million followers on Instagram, topped the rankings.
With a fortune estimated at $610 million, Kattan was earlier named one of the United States’ richest self-made women in 2019 by Forbes.
Lebanese-American fashion designer Reem Acra came second on the list, followed by Azza Fahmy & Fatma Ghali from Egypt, Dima Rashid from Palestine and Nada Ghazal from Lebanon.
Moroccan national Salwa Idrissi Akhannouch landed the sixth spot, followed by Lebanese national Gemy Maalouf.
Rounding up the top ten were Razan Alazzouni of Saudi Arabia (8th place), Andrea Wazen of Lebanon (9th) and Jude Benhalim (Egypt).
A total of 40 women have been included in the list, but so far only the top 10 has been released. Saudi women led with 10 entries, followed by Lebanon and Egypt with eight entries each, excluding dual-nationalities).
In creating the rankings, Forbes Middle East’s methodology included celebrity endorsement, revenues and growth rate, the number of countries the brand is present in, and media and social media reach.
Here's the complete list of ten women and their brands:
1. Huda Kattan
Brand: Huda Beauty
2. Reem Acra
Brand: Reem Acra
3. Azza Fahmy, Amina & Fatma Ghali
Brand: Azza Fahmy Jewellery
4. Dima Rashid
Brand: Dima Jewellery
5. Nada Ghazal
Brand: Nada Ghazal Fine Jewelry
6. Salwa Idrissi Akhannouch
7. Gemy Maalouf
Brand: Gemy Maalouf
8. Razan Alazzouni
Brand: Razan Alazzouni
9. Andrea Wazen
Brand: Andrea Wazen
10. Jude Benhalim
Brand: Jude Benhalim
(Writing by Cleofe Maceda; editing by Seban Scaria)
#Entrepreneurs #Business #Middle East
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