Transforming Healthcare Through Advanced Manufacturing

Al Yammahi, Deputy

From being the director of the U.A.E. Ministry of State Office to the deputy CEO of Hayat Biotech, how has your experience impacted your current role?

My role allows me to leverage 15 years of experience as we propel forward on our quest to improve human lives. Throughout my career, I have focused on forming strategic partnerships between public and private entities and identifying synergies between local and international players. This experience is pertinent to my role at Hayat Biotech.

With the onset of the COVID-19 pandemic, the U.A.E.’s visionary leadership launched ‘#4Humanity’; the world’s largest clinical trial of COVID-19 inactivated vaccines. As part of the leadership team, I leaned on my experience as it required an intricate level of global strategic partnership expertise. I will never forget the significance of this milestone for the U.A.E. and the leadership lessons learnt along the way, such as the value of crossfunctional collaborations and the importance of moving away from working in silos.

Will Hayat Biotech continue to conduct clinical trials?

Certainly. Following the success of #4Humanity, we conducted eight clinical trials and confirmed plans to carry out new trials in the years ahead. Hayat Biotech is aligned with

Abu Dhabi’s mission of becoming a world-class clinical trial destination; one that drives progress in medical discoveries and is supported by the U.A.E.’s robust infrastructure and diverse population.

What type of technological advancements does Hayat Biotech have in the pipeline?

We are exploring AI technology integration when conducting future clinical trials. These include devices that obtain real time data and live recordings of patient vitals for more streamlined follow-ups and that give patients the opportunity to be more involved in clinical trials. We are also developing systems that support drug discoveries and development, and AI systems with predictive analytics that collect information and forecast the likelihood of certain diseases.

From an economic standpoint, how is Hayat Biotech contributing to the U.A.E.’s vision and growth?

We can now address supply chain concerns with our manufacturing plant, the Hayat Biotech Life Sciences Park, located in the Khalifa Economic Zone Abu Dhabi (KEZAD), which focuses on biotechnology R&D and pharmaceutical production. Boasting a production capacity of 200 million vials per year, the stateof-the-art facility also features a fully automated warehouse.

This facility, combined with our contract manufacturing organization (CMO) business model, helps attract pharmaceutical companies seeking localization of their operations. Additionally, our geographical location allows us to increase exports and create jobs.

This is supported by our partnerships with Abu Dhabi’s Department of Health and AD Ports Group, making Hayat Biotech a key player in international distribution networks. Moving forward, we are committed to delving into the U.A.E.’s limitless potential and making strides within its life sciences and R&D sector.

22 Eaman Al Roudhan

• CEO Company: Zain Kuwait Nationality: Kuwaiti Sector: Telecommunications

Al Roudhan has been with Zain Kuwait since 1998 and has been leading the company since December 2015, when she became its first female CEO. Zain Kuwait is the Zain Group’s largest company. Its revenues reached $844 million during the first nine months of 2022, and its customers reached 2.6 million as of September 2022. In 2021, it made over $1 billion in revenues in 2021 and invested in 5G rollouts. Al Roudhan is also a member of the GSMA Arab World regional interest group and the GSMA Chief Regulatory Officer Group.

23 Enji Ahmed Al-Ghazzawi & Haifa Othman Bin Ahmed

• Enji: COO; Haifa: Chief Experience Officer Company: Riyad Bank Nationality: Saudi Sector: Banking and Financial Services

Al-Ghazzawi and Bin Ahmed assumed their current positions in 2022. Al-Ghazzawi has over 28 years of industry experience and has been with Riyad Bank for 18 years. Her previous positions include EVP of operations, EVP of corporate banking, and head of corporate banking. Bin Ahmed has over 17 years of industry experience. She was previously senior vice president of customer champion. Riyad Bank has 340 branches in Saudi Arabia, one in the U.K., an agency in the U.S., and a representative office in Singapore. It employs over 6,620 people.

24 Raja Al Mazrouei

• Managing Director and Acting CEO Company: Etihad Credit Insurance (ECI)

Nationality: Emirati

Sector: Insurance

Al Mazrouei became a board member at ECI in January 2022 and became managing director in November 2022. In January 2023, she also assumed the acting CEO role. She has over 20 years of experience in the financial services and technology sectors. ECI, the U.A.E.’s federal export credit company, is currently in a transitional phase to support the U.A.E.'s national economic diversification goals. Al Mazrouei previously held the role of EVP of DIFC FinTech Hive.

25 Jomana R. Al-Rashid

• CEO

Company: Saudi Research and Media Group (SRMG)

Nationality: Saudi Sector: Media and Marketing

Al-Rashid assumed her current role in October 2020. In 2021, the Saudi-listed company rebranded from Saudi Research and Marketing Group to Saudi Research and Media Group (SRMG) and launched Manga Arabia. It also acquired a 51% stake in the Arabic podcast platform Thmanyah and expanded into publishing with the launch of Raff Publishing. SRMG saw its revenue grow by 27.6% during the first nine months of 2022 to reach $719 million, compared to $563.6 million in the same period in 2021. It is present in 11 countries, with 25 websites and 30 titles. Before joining SRMG, Al-Rashid served as a senior media advisor and was posted to the Saudi Embassy in London as communications director, heading the embassy’s media department. She also sits on the board of the Argaam Investment Company and serves as the chairman of the Red Sea Film Festival Foundation and chairman of Thmanyah Publishing and Distribution.

26 Amal Suhail Bahwan

• Vice-Chairperson; Chairperson

Company: Suhail Bahwan Group; National Bank of Oman (NBO)

Nationality: Omani Sector: Diversified

Bahwan has been the vice chairperson and a board member of her 58-yearold family business since 2016. Founded by her billionaire father, Suhail Bahwan, the group is one of the largest conglomerates in Oman, with a portfolio of over 100 brands and more than 40 companies across the Gulf, North Africa, and South Asia. It has interests in engineering and infrastructure, chemicals and fertilizers, energy, healthcare, and logistics, among other sectors, and owns the dealerships for Nissan, Renault, and Infiniti in Oman. Bahwan is also chairperson of the National Bank of Oman and a director and board remuneration committee member of Oman Oil Marketing Co. (SAOG).

27 Rawya Mansour

• Founder & Chairwoman

Company: RAMSCO

Nationality: Egyptian

Sector: Diversified

Mansour founded RAMSCO for Refined Architecture and Interior Design in 1999 and created RAMSCO for Trade and Distribution in 2007. She also established the Organic Agriculture for Social International Solidarity (OASIS) in Monaco in 2012. In November 2022, RAMSCO partnered with the National Council for Women to empower women in Africa through the organic farming project and the entrepreneurs’ initiative for zerowaste eco-villages. In December 2022, Mansour became a member of the Planetary Health Pledge Club in Monaco. She is also a member of the Egyptian National Council for Women for Foreign Affairs Committee and a member of the Clinton Global Initiative Foundation.

28 Lujaina & Areej Mohsin Haider Darwish

• Lujaina: Chairperson - ITICS;

Areej: Chairperson - ACERE

Company: Mohsin Haider Darwish

Nationality: Omani Sector: Diversified

The Darwish sisters head one of the largest family businesses in MENA, employing over 1,000 people. The group has partnerships with several global brands in automotive, commercial vehicles, computers, telecom, electronics, engineering products, and building materials, among others. Lujaina heads the Infrastructure, Technology, Industrial, and Consumer Solutions (ITICS) cluster of Mohsin Haider Darwish, while Areej heads the Automotive, Construction Equipment & Renewable Energy (ACERE) cluster.

29 Aisha Bin Bishr

• Vice Chairwoman

Company: Emaar Development

Nationality: Emirati Sector: Real Estate

Bin Bishr assumed her current role in December 2020. Before joining Emaar Development, she was a non-executive director at Emaar Properties and the founding general director at Smart Dubai, where she led the creation of the Smart City Index—the first benchmark for smart city implementation in cooperation with ITU and the UN. Bin Bishr is also a board member at Arab Financial Services and the University of Wollongong in Dubai.

30 Huda Kattan

• Founder & CEO

Company: Huda Beauty

Nationality: Iraqi-American Sector: Beauty

Kattan started her makeup brand, Huda Beauty, with her two sisters in 2013. She launched her brand with a collection of false lashes, then expanded into skincare and cosmetics, retailing direct-to-consumer and in stores like Sephora around the world. In 2021, She launched the GloWish line of makeup as a sub-brand of Huda Beauty. Today, Huda Beauty sells more than 140 products, bringing in about $200 million in annual sales. Kattan was recognized by Forbes as one of the most powerful influencers on the Internet and as one of America’s Self-Made Women in 2022, with an estimated net worth of $400 million as of June 2022.