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  2. Forbes Middle East names 12 Saudis in Most Influential CMOs List

Forbes Middle East names 12 Saudis in Most Influential CMOs List

NOHA.GAD
Jun 23, 2026
12 Saudis were named in the Forbes Middle East Most Influential CMOs in 2026 list

Riyadh - Sharikat Mubasher: Forbes Middle East revealed the Most Influential Chief Marketing Officers (CMOs) in the Middle East 2026 list, recognizing their strong marketing efforts to turn awareness into value.

The list, which surveyed hundreds of CMOs and their equivalents, featured 101 individuals across 100 entries who lead marketing within their companies, with Egyptians leading the list with 21 executives, followed by 13 Emiratis and 12 Saudis.

The Saudi CMOs are: Abdulmohsen Abdulaziz Almulhem, Bank Albilad; Mousa Bahri, Flynas; Basim Wali, Juffali Automotive Company (JACO); Muhannad Kadi, King Faisal Specialist Hospital & Research Centre; Ammar Ahmed Alnahdi, Bahri; Abdulrahman Sulaiman AlTrairi, Royal Commission for AlUla; Nayef Al-Athel, Saudi Tadawul Group; Raad Alkhanbashi, Saudi Tourism Authority; Khaled Tash, Saudia Group; Hamad Alsalman, TAIBA Investments; Abdullah Abahussain, Tawuniya Insurance; and Abdulaziz Elyas, The Saudi Investment Bank (SAIB).

The survey covered companies headquartered across eight countries in the region, with 49 based in the UAE, 17 in Saudi Arabia, 16 in Egypt, and the remainder spread across Qatar, Bahrain, Kuwait, Oman, and Jordan.

Among the companies, 22.6% have a fully documented and funded formal AI strategy embedded within marketing, while 47.7% have partially implemented one, 24.27% are developing one, and only 5.44% have no formal strategy.

In terms of AI-led decision-making, 43.9% of respondents said they make between 25–50% of their marketing decisions using AI, while 13.5% make 50–75%, and 5.5% use AI to make more than 75% of their marketing decisions.

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Robo.ai to fully acquire QC Capital for $60mn
Dubai - Sharikat Mubasher: Robo.ai, a UAE-based technology company focusing on building a global AI robotics network platform, entered into an agreement to acquire 100% of the equity interests of QC Capital.Under the agreement, the total consideration for the proposed transaction is $60 million, payable in newly issued Class B ordinary shares of Robo.ai, the company stated in a press release yesterday.Through the proposed integration of QC Capital, Robo.ai expects to strengthen its capabilities in technology company sourcing, capital allocation, venture incubation, cross-border mergers and acquisitions, post-investment operations, and global commercialization.The transaction consideration is structured to align with long-term performance targets. The consideration shares will be released in stages and linked to the achievement of multi-year revenue targets.Robo.ai expects that, subject to the successful closing of the transaction, successful business integration, and the recognition of related revenue in accordance with applicable accounting standards, QC Capital may become an incremental platform for the Company's medium- to long-term revenue growth, industrial synergies, and global AI ecosystem commercialization.Benjamin Zhai, Chief Executive Officer of Robo.ai, stated: “QC Capital is expected to bring capabilities in AI investment decision-making, data asset accumulation, venture building, M&A integration, and global resource networks. Following the completion of the transaction, QC Capital is expected to serve as Robo.ai's platform for strategic holdings, venture building, investment development, and data asset growth, supporting the Company's continued expansion across artificial intelligence, robotics, digital infrastructure, smart cities, intelligent mobility, low-altitude economy, and the next-generation digital economy."Pursuant to the performance-based release mechanism stipulated in the acquisition agreement, the shares issued to QC Capital will be released over the next eight years, subject to achieving specified revenue targets. These include, but are not limited to, a cumulative revenue milestone of around $2.4 billion across 2026 and 2027.
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