10 Arab family firms are the most powerful in the Middle East .. this is the sum of their wealth

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Dubai, United Arab Emirates (CNN) – Forbes Middle East launched its list of the most influential Arab family businesses in the Middle East for 2020, highlighting 100 companies that are among the strongest and largest that have helped shape the region’s economy.

The 100 most influential companies in the Middle East employ more than 600,000 employees, while the total wealth of the top 10 companies on the list alone amounts to more than $ 31 billion.

Forbes relies on the selection of companies included in its list on a number of factors, including the size and number of investments of the mentioned institutions in regional and global stock exchanges and real estate assets, the extent of business diversification and the number of sectors occupied by companies, the number of employees, the number of countries in which they are present, as well as geographical diversity and history Its foundation.

The Egyptian Mansour Group, whose chairman is Mohamed Youssef and Yassin Mansour, is ranked first on the list, followed by the Emirati Al-Futtaim Group, which is headed by Abdullah Al-Futtaim.

Below, find out the full list of the 10 most influential companies in the Middle East, while the above infographic provides detailed information in numbers about the most influential companies in the region and the sectors they occupy:

1. Mansour Group, Egypt

2. Al-Futtaim Group, The United Arab Emirates

3. Olayan Group, Kingdom of Saudi Arabia

4. Majid Al Futtaim, The United Arab Emirates

5. Rashid Abdul Rahman Al-Rashed and Sons group, Kingdom of Saudi Arabia

6. Abdul Latif Jameel Group, Kingdom of Saudi Arabia

7. Badger, The United Arab Emirates

8. Alghanim Industries, Kuwait

9. Al Ghurair Group, The United Arab Emirates

10. Zamil Group Holding, Kingdom of Saudi Arabia

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