By Seven Qatari Firms Among Forbes’ Top 100 Arab Family Businesses
In a recent publication by Forbes Middle East, seven Qatari family businesses have been recognized as some of the top 100 Arab family businesses in the Middle East for the year 2024. This prestigious list highlights the remarkable achievements and contributions of these Qatari companies to the region’s economy.
Al Faisal Holding (Rank 11)
Al Faisal Holding, led by Founder and Chairman Faisal bin Qassim Al Thani, has secured the 11th position on Forbes’ list. With a strong focus on diversification and investment in various sectors, Al Faisal Holding has played a significant role in Qatar’s economic growth.
Power International Holding (Rank 12)
Power International Holding, headed by President and Group CEO Ramez Al Khayyat, has claimed the 12th spot on the list. The company’s strategic investments and operations in sectors such as real estate, hospitality, and construction have contributed to its success.
Alfardan Group (Rank 17)
Chairman Hussain Ibrahim Alfardan leads the Alfardan Group, which holds the 17th position on Forbes’ ranking. Known for its excellence in luxury goods and services, the Alfardan Group has become synonymous with quality and innovation in the region.
Darwish Holding (Rank 63)
Darwish Holding, led by Chairman and Managing Director Bader Abdullah Al Darwish, has secured the 63rd position on the list. With a diverse portfolio of companies spanning sectors such as retail, hospitality, and construction, Darwish Holding has established itself as a key player in Qatar’s business landscape.
Almana Group (Rank 73)
Vice Chairman Saoud Omar H A Almana represents the Almana Group, which holds the 73rd spot on Forbes’ list. The Almana Group’s commitment to excellence and its successful ventures in sectors like automotive, engineering, and trading have contributed to its recognition.
Abu Issa Holding (Rank 83)
Chairman Ashraf Abu Issa leads Abu Issa Holding, which secured the 83rd position on the list. Known for its retail expertise and strong brand partnerships, Abu Issa Holding has made significant contributions to Qatar’s retail sector.
Al Muftah Group (Rank 100)
Chairman Abdulrehman Muftah Almuftah represents the Al Muftah Group, which holds the 100th position on Forbes’ list. The Al Muftah Group’s diverse business interests, including automotive, real estate, and hospitality, have contributed to its recognition as a top family business in Qatar.
These Qatari family businesses have demonstrated exceptional leadership, innovation, and resilience in their respective sectors. Their contributions to Qatar’s economy and the wider Arab business landscape are truly commendable. Forbes’ recognition further solidifies their reputation as industry leaders and showcases Qatar’s thriving business environment.
