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The Gulf's 50 most effifient CEOs
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Prince Alwaleed is Gulf's most efficient boss – study
Monday, 20 September 2010

Saudi Arabia’s Prince Alwaleed has been named as the Gulf’s most efficient boss in a new survey by Arabian Business.

The survey – which examined the profits generated by each employee in a company – found that HRH’s Kingdom Holding Company delivered $2.96 million profit per employee.

Arabian Business examined the 2010 H1 profits of the 50 top companies in the GCC (ranked by market capitalization). The survey calculated “efficiency” by using the formula of H1 profits divided by the number of employees.

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Kingdom Holding, which turned in $56.2 million profits for H1, has 19 staff now working directly for the group.

Qatar Gas Transport Company’s managing director Muhammad Ghannam came second in the list, delivering $696,923 profit per employee, with First Gulf Bank CEO Andre Sayegh in third place (the highest ranked UAE company), after registering $558,179 profit per employee.

Qatari companies dominated the list, with five in the top ten. Next to Kingdom Holding, the highest place Saudi company was Dar Al Arkan Real Estate, with $445,600 per employee.

Kuwait’s most efficient company, according to the survey, is Mobile Telecommunications, with $207,200 profit per employee.

The last four companies in the survey showed negative efficiency, with Zain Saudi Arabia in 50th place, delivering  minus $759,382 profit per employee.


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Comments (6)

leader
Posted by mansour, jubail, saudi arabia on 2 October 2010 at 10:25 UAE time

when you meet Fahad for the first time you know right away he is different, he is a leader and his personality is very strong that you love working with him.
Abu Nawaf all the best.
The Gulfs most efficient CEO's
Posted by samih Alameddine on 2 October 2010 at 10:01 UAE time

While reading this article I began to think of all the potential possibility of the offering of corporate sigma. I am now on chapter 4 in the book and look forward to completing it soon. I also saw your new site looks fantastic and also rich in content. I hope we can be on the same team.

Best Regards
Saudi Kayan
Posted by Hareesh, Jubail, Saudi Arabia on 29 September 2010 at 09:12 UAE time

Each of us in Saudi Kayan feel proud on successfull completion of important milestones one after the other. Exemplary team work and resultant commitment is behind this steady progress and very promising success.
Efficient CEOs-Mahdi Bogami
Posted by Karigar Hisamuddin Suleman, jubail, saudi arabia on 28 September 2010 at 17:01 UAE time

To jump high, we need to take few steps back.

Inshaallah in next survey we will find saudi kayan & Mr.Mahdi al Bogami in top 5 CEO.
Saudi Kayan start-up and production
Posted by Saud, Jubail, Saudi Arabia on 28 September 2010 at 13:34 UAE time

Saudi Kayan is the largest petrochemical complex in the middle east. The successful start-up of this complex reflects professionalism, deication and commitment to business. We hope for Saudi Kayan a bright future as such becoming the Number one contenders in the middle east.
Saudi Kayan - Losses in 1H 2010
Posted by Raymond Tiruchelvam, Al-Jubail, Saudi Arabia on 28 September 2010 at 09:33 UAE time

Saudi Kayan although being a 4 year old company, only started commercial production operations in August 2010, and thus recorded losses in the earlier period. The profit shown in 2008 basically represents commissions earned from the IPO funds while the plant was being constructed. This should be reflected accordingly in the comments.
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