The United Arab Emirates (UAE) is home to some of the wealthiest and most influential women in the world. From banking moguls to tech innovators, these women have carved out their own legacies in a country known for its economic dynamism. In 2024, they not only continue to thrive but also set the stage for future generations of women entrepreneurs in the UAE. Here’s a closer look at the ten richest women in the UAE, who have not just achieved extraordinary financial success but also led the way in their respective industries.
1. Hana Al Rostamani – The Financial Powerhouse
Hana Al Rostamani, Group CEO of First Abu Dhabi Bank (FAB), is one of the most powerful women in the UAE. Under her leadership, FAB has become one of the largest financial institutions in the Middle East, with a net worth surpassing $5 billion. Al Rostamani’s work in banking and her commitment to driving economic growth through financial services have made her a trailblazer in a male-dominated sector.
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2. Shaista Asif – Healthcare Mogul
Shaista Asif, Co-founder and Group CEO of PureHealth Holding, is an entrepreneurial powerhouse in the healthcare sector. As one of the UAE’s wealthiest women, Asif is at the forefront of transforming healthcare services, ensuring that PureHealth continues to lead with innovative solutions. With a wealth of over $4 billion, Asif’s contributions to both the UAE and international healthcare markets are undeniable.
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3. Maryam Al Suwaidi – Regulatory Leader
Maryam Al Suwaidi, CEO of the Securities and Commodities Authority (SCA), has a net worth that reflects her significant influence in the UAE’s financial sector. As a leader in financial regulation, Al Suwaidi has driven key reforms that have enhanced the UAE’s investment landscape, securing her place among the wealthiest women in the region.
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4. Huda Kattan – Beauty Empire Founder
Known globally for founding the multi-million-dollar cosmetics brand Huda Beauty, Huda Kattan’s journey from beauty blogger to entrepreneur has made her one of the UAE’s wealthiest women. Her company, which is valued at over $1 billion, revolutionized the beauty industry and empowered women across the globe.
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5. Sima Ganwani Ved – Retail Giant
As the founder and chairwoman of Apparel Group, Sima Ganwani Ved leads a retail empire that spans across 14 countries. Her estimated wealth exceeds $2 billion, and she remains a dominant force in the UAE’s retail sector. Ved has expanded her brand portfolio to include top international fashion labels, cementing her position as one of the top wealthiest women in the UAE.
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6. Tayba Al Hashemi – Energy Leader
Tayba Al Hashemi, CEO of ADNOC Offshore, has successfully navigated the oil and gas sector to build a fortune of over $3 billion. As one of the few women in such a high-ranking position in the energy sector, Al Hashemi has made substantial contributions to both the UAE’s energy industry and the region’s global energy strategy.
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7. Mona Ataya – E-commerce Pioneer
Mona Ataya, the founder and CEO of Mumzworld, an online retail platform catering to mothers and children, has transformed the e-commerce landscape in the UAE. Her wealth, estimated at over $1 billion, is a testament to her business acumen and understanding of market needs in the region.
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8. Noor Sweid – Investment Visionary
Noor Sweid is a renowned entrepreneur and the founder of Global Ventures, a leading venture capital firm. With a net worth of around $1 billion, Sweid has invested in numerous successful startups across the Middle East, making her one of the wealthiest women in the UAE’s booming tech sector.
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9. Khadija Al Bastaki – Design and Fashion Icon
Khadija Al Bastaki, Senior Vice President of Dubai Design District (d3), has significantly contributed to Dubai’s transformation into a global fashion hub. Through initiatives like Dubai Fashion Week and key partnerships with prestigious design schools, Al Bastaki is at the forefront of the UAE’s creative industry. Her wealth, while largely tied to her influence, positions her as one of the top influential figures in Dubai’s cultural and business scene.
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10. Raja Al Mazrouei – Visionary in Credit Insurance
As CEO of Etihad Credit Insurance (ECI), Raja Al Mazrouei has taken the company to new heights, bringing an innovative approach to credit insurance in the UAE. With a wealth of over $2 billion, Al Mazrouei’s strategic leadership has helped ECI grow its international footprint, making her one of the wealthiest women in the UAE.
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Conclusion: UAE Women Leading the Way
The UAE continues to be a beacon of wealth and success, driven in part by the powerful women who have shaped industries ranging from banking to beauty. These women have not only achieved extraordinary wealth but have also paved the way for future generations of female entrepreneurs. Their stories are a testament to the progressive business environment in the UAE and their determination to break barriers in their respective fields.
These women are not just financially successful but are also using their wealth to influence change, empower others, and inspire future leaders. As we look to 2024 and beyond, it’s clear that the UAE’s richest women are leading the charge in transforming global industries and shaping the future of business.
You cana lso read about, World’s Richest Arabs.
