IndiansinKuwait.com - India Kuwait News and updates

IndiansinKuwait.coom

10 Kuwaiti groups in Forbes Middle East Top 100 Arab Family Businesses list

IIK Staff Reporter Monday, June 29, 2020
10 Kuwaiti groups in Forbes Middle East Top 100 Arab Family Businesses list

Forbes Middle East has revealed its ranking of the Middle East's most powerful Arab family businesses for 2020, highlighting 100 of the largest family companies that have helped to shape the region.

Saudi Arabian family businesses dominated the list with 36 entries. The Olayan Group, which ranked third on the list, was the top-ranked Saudi company on the list.

Kuwait is the third-highest represented company with 10 Kuwaiti groups making into the list. Alghanim Industries, headed by billionaire Kutaiba Alghanim, was the highest-ranked Kuwaiti company.

Alghanim Industries placed 8th position on the list. Others in the list include Alshaya Group (14th place), M.A. Al-Kharafi & Sons (18), Morad Yousuf Behbehani Group (19), BoodaiCorp (34), Al Mulla Group Holding Co (54), Al-Sayer Group (58), Marafie Group (61), Bukhamseen Holding (66) and Al Wazzan Group on 98th rank.

The Mansour Group from Egypt, which is managed by Mohamed, Yassin and Youssef Mansour, whose combined wealth is $7.4 billion topped the list.

More than 600,000 employees work for companies listed in the "100 Most Powerful Arab Family Companies in the Middle East 2020" list.



📣 IndiansinKuwait.com is now on Telegram. Click here to join our channel (@IIK_News) and stay updated with the latest headlines

Read this article online at

Express your comment on this article

 
Raju ahmed
Tuesday, June 30, 2020
I always choose Alshaya to work with,I worked more than 8 years with Alshaya group of company,I found it very comfortable,a lots of love for Alshaya

Submit your comments...
     
Disclaimer: The views expressed here are strictly personal and IndiansinKuwait.com does not hold any responsibility on them. We shall endeavour to upload/publish as many of the comments that are submitted as possible within a reasonable span of time, but we do not guarantee that all comments that are submitted will be uploaded/published. Messages that harass, abuse or threaten other members; have obscene, unlawful, defamatory, libellous, hateful, or otherwise objectionable content; or have spam, commercial or advertising content or links are liable to be removed by the editors. We also reserve the right to edit the comments that do get published. Please do not post any private information unless you want it to be available publicly.

Community News

 
Kuwait Cricket Club - MEC studygroup announce exciting scholarships for students who got their CBSE results

Kuwait Cricket Club is the official governing body for the game of cricket in association with Public Authority of Sports, O...

Writers’ Forum Kuwait’s poetic evening

The Writers’ Forum Kuwait, a platform of multilingual poets residing in Kuwait met for their monthly meeting on Friday, 30th...

India International Differently Abled Association (IIDAA) officials held a meeting with Indian Ambassador

IIDAA, an Indian Embassy registered voluntary organization for Differently Abled children and Adolescents met with Indian Am...

Indian national Elizabeth Lizu Ginu published her first book of poetry titled 'The Changing Mask'

'The Changing Mask' is an anthology of 80 poems, portraying a wide range of themes such as love, despair, faith, happiness, ...

KMWA conducts 'Eid Cultural Get together' online program.

Karnataka Muslim Welfare Association (KMWA), a subsidiary of Indian Muslim Association (IMA) organized an online Eid get-tog...

go top