Home lists 100 Most Powerful Arabs 2023 Mohammad A Baker Deputy chairman and CEO, GMG Origin: UAE Residence: UAE Sector: Retail Under Baker’s visionary leadership, GMG acquired aswaaq from the Investment Corporation of Dubai in February, a deal that added 11 community malls and 22 supermarkets to the conglomerate’s expanding retail portfolio. It plans to open 100 sports retail stores in Egypt by 2026 and another 100 in Southeast Asia by 2025. GMG also acquired Géant operations in the UAE from Urban Foods by Dubai Holding in April 2022, adding 18 outlets to its rapidly expanding retail footprint. The UAE-based retailer unveiled four new factories to produce value-added food products in March. The group’s most recognisable retail brand is Sun & Sand Sports, which has over 550 stores, over 90 brands, and more than 9,000 employees. Other homegrown concepts of GMG include Farm Fresh, Supercare Pharmacy and Emirates British Nursery.