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Egyptian women land 12 places on Forbes ME’s 100 Most Powerful Businesswomen 2023

Featuring 104 women from 27 different sectors and 27 nationalities, the list honors some of the MENA region’s top businesswomen making their mark locally, regionally, and internationally

By: Business Today Egypt

Mon, Feb. 13, 2023

Second only to the UAE, Egyptian women were frontrunners on this year’s Forbes Middle East’s 100 Most Powerful Businesswomen with 12 entries, up from last year’s 7. The UAE led the list with 15 entries, followed by Saudi Arabia with 11.

Featuring 104 women from 27 different sectors and 27 nationalities, the list honors some of the MENA region’s top businesswomen making their mark locally, regionally, and internationally.

The banking and financial services sector held 23 entries, followed by 11 women leading diversified businesses, eight from the investments sector, six from the retail sector, and five from healthcare.

Leading the list in terms of Egyptian women was National Bank of Egypt’s (NBE) first female Executive Deputy Chairperson, Dalia El Baz, with an overall ranking of 13 for her inaugural entry on the list.

TAQA Arabia CEO, Pakinam Kafafi, held her spot from last year at 21 as Egypt’s second woman on the list, followed by Refined Architecture and Interior Design (RAMSCO) founder and chairwoman Rawya Mansour for her debut on the list at 27.

Reem Assad, CISCO’s Vice President for Middle East and Africa (MEA), placed 39 as the fourth Egyptian woman on the list. Integrated Diagnostics Holdings (IDH) Group CEO, Hend El Sherbini, placed at 42. The Orientals Group’s power siblings, Farida and Yasmine Khamis, sat at 43.

For more female empowerment, check out last year’s Women in Business Today interview series > ArticlesVideo Series

Following the sisters were EFG Hermes’ Non-Executive Chairperson and Founding Partner & Chair of Executive Committee of Zulficar & Partners, Mona Zulficar (48); Hoda Mansour, SAP’s SVP & Southern Europe, Middle East and Africa Regional Head of Business Process Transformation (53); and Elham Mahfouz, CEO of The Commercial Bank of Kuwait (Al-Tijari) (56).

MITCHA’s Founder and CEO Hilda Louca placed at 62; followed by Deputy CEO of NAEEM Holding for Investments, and Chairwoman and Managing Director of NAEEM Financial Investments, Omnia Kelig (84); and Abir Leheta, CEO of EGYTrans at 87.