archiveCentimillionaires Insider

Nassef Sawiris, Egypt’s richest man, has seen his fortune grow by $912 million in 2024 Under his leadership, OCI, the global chemical and fertilizer company, has undergone significant changes, becoming more agile and focused on strategic growth initiatives. In 2024, OCI’s shares have risen by around 8%, giving the company...

The retail and consumer sector in the Middle East continues to grapple with significant concerns over the availability of working capital, particularly in relation to more favorable payment terms, delayed receipts, and ongoing struggles within the retail industry. According to Katy Holmes, CEO of the British Chamber of Commerce Dubai,...

Two major Nevada-based gaming companies are being spotlighted in a new report criticizing excessive CEO compensation at large corporations. The “Executive Excess” report, published by the Institute for Policy Studies and Inequality.org, focused on what they refer to as the "Low-Wage 100" — the S&P 500 corporations with the lowest...

Bangladeshi entrepreneur Muhammed Aziz Khan, the Chairman of Summit Group, has been ranked as the 34th richest individual in Singapore, with a net worth of approximately $910 million as of July 25, 2024. At 63, Khan has earned his place among Singapore's elite thanks to his pioneering work in Bangladesh’s...

There is a direct correlation between the level of success a company can achieve and the quality of the relationship between the CEO and the second-in-command (2iC) (aka COO, President, VP, Director). Why? Because, the big idea, creative, inventive people who start and lead companies usually don’t have the system...

Introduction to Quantum Mechanics and Computing: Quantum mechanics, a foundational theory in physics, describes the behavior of particles at the smallest scales, where classical physics fails to provide adequate explanations. Among its many profound implications, quantum mechanics has opened the door to a revolutionary approach to computation: quantum computing. Unlike classical...

We all know the stereotype: an inventor toiling away in a garret, or a garage, or a lab, alone. Even today we often imagine inventors work solitarily for years experimenting and trying and failing and finally something works, and then before you know it, as if by magic, their new...

In the rapidly changing world of business, understanding how employees feel is becoming a top priority for HR professionals. A recent survey conducted by Umwelt reveals that a striking 80% of HR leaders see tremendous value in analyzing employee sentiment. This widespread approval underscores the importance of artificial intelligence in...

Group M has decided to discontinue EssenceMediacom X less than two years after its launch, merging it into the broader EssenceMediacom communications brand. This move aligns with the company's strategy to streamline operations and unify its structure across all Group M agencies. As part of this restructuring, Clare Chapman, who...

When an organization is seen as a thought leader, it is known for what it knows. The C-Suite must take responsibility for thought leadership to achieve this, but now with artificial intelligence (AI), that job is easier: AI gives you many more opportunities to harvest unique thinking from throughout your...