Forbes Middle East publishes in its March edition the 'Top 100 Arab Family Businesses 2024.'
The magazine cover (March 2024)
Forbes Middle East publishes in its March edition the 'Top 100 Arab Family Businesses 2024.'
Big homegrown businesses in the Middle East are not only economic entities but also cultural and social institutions deeply rooted in tradition and heritage.
Middle Eastern family businesses, once characterized by traditional sectors such as hospitality, retail, and manufacturing, are increasingly diversifying into emerging industries. The push for innovation and adaptation is crucial in the face of global competition and rapid technological advancements.
Many family businesses are investing in research and development, digital transformation, and sustainable practices to secure their place in the evolving market.
KKR and I Squared Capital are among global asset managers bidding for a district cooling business owned by Abu Dhabi's Multiply Group, part of a $1.5 trillion empire overseen by one of the UAE's most powerful Sheikhs, three sources said.
Aya Gold & Silver has kicked off 2025 with a sharp surge in production, signaling a major ramp-up at its flagship Zgounder mine in Morocco.
Turkish billionaire Robert Yuksel Yildirim is setting his sights on a $2 billion spree of nickel acquisitions, aiming to carve out a major role in the global battery metals supply chain and offer a Western-backed alternative to China’s dominance in the sector.
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