Published on Tuesday, November 6, 2012
Lulu group Chairman Yusuffali MA receives Forbes MENA region most influential Asian Business Leader Award



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The world’s leading business & economic magazine, Forbes ME, released the 2012 list of region’s top Business Leaders in the Arab world, both listed as well as private & family owned businesses.

Top business leaders from across the Middle East & North Africa region representing a multitude of industry feature in this prestigious list. Some of the top entries in the list include Osman Sultan, CEO of Du, Abdul Razak Ali Issa, CEO - Bank Muscat, Abdulrehman Al Fadley of Almarai, Ahmad Abdullah Abdulaziz Alzabin of ALAFCO Aviation, Fatima Al Jaber, Rajah Easa Saleh Al Gurg and Yusuffali MA, the head of Lulu EMKE Group among others.

This is the first time Forbes is featuring family & private owned business in their honour list and also the first time an Asian is being chosen. Yusuffali MA was awarded the "most influential Asian Business Leader in the MENA region" for his role in revolutionising the retail sector in the region with LULU brand of hypermarkets and supermarkets across the region, giving strong competition to some of the world’s top retailers with 104 stores.

Rajah Easa Saleh Al Gurg, Managing Director of Easa Saleh Al Gurg Group was honored for being the most influential Arab Woman in Family Business while Fatima Al Jaber got the honours of being the most influential Arab Women in Private business.

The list was unveiled at the glittering “Forbes ME CEO Forum” and gala dinner held at The Atlantis, Dubai in the presence of top business leaders and industry stalwarts. H.E. Dr. Rashid Ahmed Mohammed Bin Fahad honored these top achievers and lauded their role in the economic development of the region as well as urged them to keep supporting the young generation.


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