#91 Maha Al-Ghunaim
08.31.06, 6:00 PM ET Vice Chairman, Global Investment House
Kuwait
 © Siddharth Siva for Forbes Arabia
When Al-Ghunaim, 46, started Global Investment House in 1998, people thought she was imprudent: the Kuwait stock market had tanked, oil prices were down and Saddam Hussein was making trouble again. But the U.S.-educated Al-Ghunaim proved naysayers wrong. "I wanted to make a difference," she says, by offering more than plain portfolio management. Global now manages $7 billion in assets. It boasts a strong research department and offers a slew of funds, ranging from fixed income to hedge funds. It is in the process of raising a $1 billion fund that will invest in pre-IPO companies in India, China and Turkey. In one of the biggest deals in the Middle East last year, Global helped take public Lebanese telecom Investcom in London and Dubai, raising $200 million. Al-Ghunaim heads the Kuwaiti chapter of Young Arab Leaders, a pan-Arab organization working to improve education and promote entrepreneurship. —Zina Moukheiber | 
Published sources include the women's official biographies, Factiva, International Who's Who of 2005, Marquis Who's Who, World Almanac of Famous People, Palgrave Who's Who 2005, the Congressional Yellow Book, the Judicial Yellow Book, Europa World Year Book, Hoover's Online, U.S. Securities and Exchange Commission filings, World Economic Forum, the World Book Encyclopedia. Rankings generated by combining various financial figures with other media and biography metrics; global media mentions from Factiva. |
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