Source: Dubai – Arabic.net
–
An analysis of Forbes magazine showed that the 10 most powerful Arab families whose wealth amounts to $ 31 billion.
The list was topped by Egyptian Mansour Group, which has 3 members of the family on the Forbes list of the world’s rich 2020. The group is one of the largest distributors of General Motors Group global, and has investments in technology companies such as Spotify and Uber.
Abdullah Al-Futtaim
–
This is followed by Al-Futtaim Group, which owns 100% of the Arab Orient Insurance Company, and 50% of Emirates Investment Bank, in addition to several investments in car agencies, real estate and building materials.
Out of the top ten, 4 companies came from Saudi Arabia, 4 from the United Arab Emirates, and one from each of Egypt and Kuwait.
Abdulaziz Al-Ghurair is one of the fourth members of the Emirati Al-Ghurair family, with the strongest 100 Arab families
–
The Olayan Group topped Saudi companies, and ranked third on the list, thanks to its stake in Credit Suisse Bank and Saudi British Bank, while Al-Futtaim Group was at the forefront of UAE companies, and ranked fourth on the list, thanks to its ownership of a Toyota agency in the United Arab Emirates.
In fifth place came the Rashid Abdul Rahman Al Rashed and Sons Saudi Group, then the Abdul Latif Jameel Saudi Group.
In the seventh place came the Emirati family of Al Ghurair, whose business is run by Abdulaziz Al Ghurair, then the Kuwaiti Al-Ghanim Industries ranked eighth. And the Saudi Zamil Holding Group ranked tenth.
– .
