Industry, Logistics & Shipping

Forbes unveils new edition of Global Meets Local ranking

Forbes Middle East has revealed the 13th edition of its flagship Global Meets Local ranking, spotlighting the regional heads of the world’s most influential multinational corporations who are not only steering complex business landscapes but actively shaping the Middle East and North Africa’s future across technology, logistics, finance, aerospace, and beyond.
 
The 2025 ranking features 104 standout executives representing the regional offices of 100 Forbes Global 2000 companies. 
 
These leaders come from 42 different nationalities, with India topping the list with 13 executives, followed by the UK with 10, and Lebanon and Egypt with nine and seven, respectively.
 
To compile this list, Forbes Middle East analyzed the 2025 Forbes Global 2000 list, selecting companies with substantial operations in the MENA region. 
 
The top-ranking executives from their regional headquarters were then assessed based on the scope of their responsibilities, impact and influence, sustainability initiatives, company performance, personal achievements, and public presence.
 
Ronaldo Mouchawar, Vice President - Middle East, Africa & Türkiye at Amazon, secured the top spot this year. In August 2024, Amazon UAE. partnered with the Sharjah Publishing City Free Zone to empower local publishers and SMEs through training and platform access. 
 
Khaled Hobballah, Senior Country Officer - Mena and Head of Markets (Mena & Türkiye) at J.P. Morgan, ranks second followed by Andrew Torre, President - Value-Added Services at Visa, in the third spot.
 
Among the ranked companies, 57% are headquartered in the US, with the remaining companies spread across 15 other countries, said Forbes in its statement. 
 
The list spans 20 diverse sectors, led by 23 technology companies, followed by eight automotive brands and seven food and drink firms, underscoring the region’s accelerating focus on digital innovation and mobility.
 
Multinational investments in the region continue to gain momentum. In 2025, FedEx signed a strategic MoU with Emirates Post to expand its delivery network across the UAE, and DHL pledged over $575 million to strengthen logistics infrastructure in fast-growing markets including Saudi Arabia and the UAE.
 
The aerospace sector witnessed significant activity as Boeing and GE Aerospace announced a landmark $96 billion deal with Qatar Airways, in addition to a $14.5 billion agreement with Etihad Airways.
 
In the technology and cybersecurity space, Mastercard launched a Cyber Resilience Center in Riyadh, while IBM partnered with the Dubai Future Foundation to launch a sovereign cloud and AI innovation center in Dubai—further advancing digital transformation across the region.-TradeArabia News Service