36. Talal Jassim Al-Bahar

Chairman

Company: IFA Hotels and Resorts (IFA)

Country: Kuwait

Nationality: Kuwaiti

Sector: Hotels & Hospitality

Founded in 1995, IFA has 12 properties across Dubai, South Africa, and Tanzania, including the Movenpick Hotel in Jumeirah Lake Towers, the Fairmont Zimbali Resort, and Zanzibar Beach Hotel. The listed company recorded $762 million in assets and $95 million in revenues as of September 2021. Al-Bahar has over 17 years of experience in investments and real-estate development. He is also vice chairman and CEO for the Kuwait Real-Estate Company, chairman at United Investments (Portugal), and a board member for the Commercial Real-Estate Company Kuwait, Boursa Kuwait, KingdomBeirut, Miami International Holding, and the Miami Securities Exchange-MIAX.