Business Magazine

The 128th Most Influential Arab

Posted on the 23 June 2011 by Center For International Private Enterprise @CIPEglobal

The 128th most influential ArabClick. Scroll. Click. Scroll.

I sat paging through Arabian Business’s list of the 500 most influential Arabs. #2 Wael Ghonim – Google exec made famous by his role in the Egyptian protests. #21 Amr Diab – played his pop music on repeat while in Egypt. #22 Amin Maalouf – one of my favorite authors. Click. Scroll. But the most powerful Arab names in business, science, media, sports, and culture soon became less and less recognizable. I began to become discouraged: Do I really have such a narrow understanding of this region after years of study, learning Arabic, and living abroad?

Then I got to #128 Elia Nuqul. Here was a prominent, though likely lesser known, businessman of whom I knew a disproportionate amount. Elia Nuqul is the founder and current chairman of Nuqul Group, a Jordanian firm established in 1952 that has grown to encompass more than 30 companies. No, I don’t follow the region’s corporate developments with microscopic attention, though I wish I could. But Nuqul Group made a powerful impression on me after I read about the group in CIPE’s case study guide Advancing Corporate Governance in the Middle East and North Africa: Stories and Solutions, and listened to Vice Chairman Ghassan Nuqul explain the group’s self-discovery of corporate governance.

In fact, on June 12, CIPE Program Officer Danya Greenfield presented alongside Ghassan Nuqul at the Third Strategic Corporate Governance & Responsibility Forum, which took place in Amman, Jordan. Danya launched the case studies guide and accompanying DVD on a panel that included Philip Armstrong, Head of the Global Corporate Governance Forum (CIPE’s partner in producing the case studies), and Slim Othmani, chairman of NCA-Rouiba (an Algerian company also profiled in the case studies and DVD).

I was not surprised to find Elia Nuqul listed as one of the most powerful individuals from the Arab world. I remembered from the case studies that Nuqul Group had undergone a rapid expansion since its establishment, but found that implementing corporate governance practices allowed for the decentralization of decision-making and formalization of roles and procedures to allow the group to sustain its growth. As Vice Chairman Ghassan Nuqul explained, “I can tell you in my case what developed and what evolved in Nuqul Group was done in response to challenges and actual needs on the ground — and it turned out to be what you call corporate governance.”

I wouldn’t be astonished to find that many more of the 500 most influential Arabs were implementers of corporate governance in their corporations.


You Might Also Like :

Back to Featured Articles on Logo Paperblog

These articles might interest you :

  • How Candice Got Her Life Back

    Candice had always been fit and active. Then all of a sudden, she started gaining weight. After having two kids, she was at her all-time high and was always... Read more

    The 15 December 2018 by   Dietdoctor
    DIET & WEIGHT, HEALTH, HEALTHY LIVING, MEDICINE
  • FIDLAR at 102.1 The Edge – Sugar Beach Sessions

    FIDLAR 102.1 Edge Sugar Beach Sessions

    On a surprisingly warm December day, FIDLAR stopped by the 102.1 Edge studios for a Sugar Beach Session. FIDLAR is a four-piece punk rock band from Los... Read more

    The 15 December 2018 by   Phjoshua
    LIFESTYLE, SELF EXPRESSION
  • The Mortal Engines Has a Stupid Premise. That Doesn’t Mean It’s a Stupid Movie.

    Mortal Engines Stupid Premise. That Doesn’t Mean It’s Movie.

    We keep saying we want Hollywood to get better and pull back on all the reboots, revival, sequels, and general retelling of old stories. Why not try to tell... Read more

    The 15 December 2018 by   Weminoredinfilm.com
    ENTERTAINMENT, MOVIES, TV & VIDEO
  • Saturday 15th December: Annie Keene

    Saturday 15th December: Annie Keene

    Only ten days to Christmas and only nine Blogvents left and so let's crack on with our lady of the day and she will be a very familiar face to all Cameron... Read more

    The 15 December 2018 by   Kirsty Stonell Walker
    CULTURE
  • “Will I Get Angry Easily If I Skip Carbs?”

    “Will Angry Easily Skip Carbs?”

    How many carbs should I aim for per day to remain weight stable? How can I stop myself from overeating? These and other questions are answered this week by... Read more

    The 15 December 2018 by   Dietdoctor
    DIET & WEIGHT, HEALTH, HEALTHY LIVING, MEDICINE
  • Franchise Weekend – The Nutty Professor (1996)

    Franchise Weekend Nutty Professor (1996)

    Director: Tom Shadyac Writer: David Sheffield, Barry W Blaustein, Tom Shadyac, Steve Oedekerk (Screenplay) Jerry Lewis, Bill Richmond (Original Screenplay)... Read more

    The 15 December 2018 by   Newguy
    CULTURE, ENTERTAINMENT, MOVIES
  • Vans RV-7

    Vans RV-7

    @ Chino Airport, CA May 2018 This RV-7 sits waiting for a pilot to hop in and take her up.  The Van’s RV-7 is a two-seat, single-engine, low-wing homebuilt... Read more

    The 15 December 2018 by   Htam
    PHOTOGRAPHY, SOCIETY