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.
Morocco's National Office of Hydrocarbons and Mines (Onhym), led by Amina Benkhadra, is now responsible for granting mining permits in Western Sahara, according to‘Africa Intelligence’ published on Monday.
The sale of shares in Saudi Arabian oil giant Aramco reached $12.35 billion at the end of the stabilization period, surpassing the initial forecast by $1 billion, according to a statement released on Wednesday.
Riyadh Air has partnered with U.S. carrier Delta Air Lines as the Saudi startup carrier grows its potential network ahead of launching commercial operations next year, the airlines said on Tuesday.
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