In the Middle East, there are many businessmen who occupy world rank as the richest and powerful men in this article Let us talk about some of these businessmen and their activities.
Powerful Middle-Eastern Businessmen
Prince Alwaleed Bin Talal Al Saud
He is a member of the Saudi royal family. He owns chunks of private and public companies in the U.S., Europe and the Middle East through Kingdom Holding Co. he owns chunks of private and public companies in the U.S., Europe and the Middle East through Kingdom Holding Co. In December 2016, Alwaleed joined Bill Gates’ Breakthrough Energy Coalition with the promise of a $50 million investment.
Mohammed Al Amoudi
He is an Ethiopian billionaire businessman with Saudi citizenship. He has accumulated a portfolio of construction, agriculture, and energy companies across Sweden, Saudi Arabia and Ethiopia. In Ethiopia, he has invested in agriculture, cement production and gold mining. He has cultivated thousands of acres of land for fruits, vegetables, cereals, coffee, tea, flowers and rice fields for customers in Ethiopia and abroad.
He is an Egyptian billionaire businessman. Sawiris split Orascom Construction Industries into two entities in 2015: OCI and Orascom Construction. He runs OCI, one of the world’s largest nitrogen fertilizer producers, with plants in Texas and Iowa. His holdings include stakes in cement giant Lafarge Holcim and Adidas.
Abdulla bin Ahmad Al Ghurair
He is an Emirati billionaire businessman, the founder and chairman of Mashreq bank, an Emirati bank. Al Ghurair Foods claims to have the biggest pasta factory in the Middle East. Its pasta products are sold under the Jenan brand. His construction company did the exterior cladding of Burj Khalifa.
Majid Al Futtaim
He founded retailing and entertainment giant Majid Al Futtaim Holding, known as MAF, in 1992. He owns and operates 12 hotels and 21 malls, including Mall of the Emirates in Dubai and the Mall of Egypt in Cairo. He has the exclusive license to operate hypermarkets for French company Carrefour across the Middle East, North Africa and Central Asia.
He is a Turkish businessman and the chairman of Yıldız Holding. Its companies generate over $12 billion in annual revenue and produce more than 320 brands. Products include biscuits, chocolate, cake, gum and candy, cooking oil and margarine, dairy, frozen food, bread, meat and non-alcoholic beverages. Ulker is expected to take Pladis public on the London or New York exchange.
He was a Turkish billionaire who founded Enka İnşaat ve Sanayi A.Ş., Turkey’s largest construction company, with Sadi Gülçelik, in 1957. As well as being an international engineer, contractor, industrialist, he was known for his philanthropy. Son Mehmet Sinan Tara is chairman of ENKA, which also operates in real estate, tourism and trade. his wealth is 2.5 billion dollars.
He is an Egyptian businessman and former politician. He is the chairman of Mansour Group. Mansour established General Motors dealerships in Egypt in 1975, later becoming one of GM’s biggest distributors worldwide. Mansour Group also has exclusive distribution rights for Caterpillar equipment in Egypt and seven other African countries. his wealth is 3.1 billion dollars.
He is a Lebanese politician who served twice as the Prime Minister of Lebanon. From April 2005 to July 2005 he was Prime Minister of Lebanon in a caretaker government. Najib Mikati is the co-founder, with his billionaire brother Taha, of Beirut-based investment firm M1 Group. Its investments include stakes in South African telecom firm MTN, fashion retailer Pepe Jeans, and real estate in New York, London and Monaco. his wealth is 2.5 billion dollars.
He is a Turkish billionaire. He founded Finansbank in 1987 and later sold the Turkish division of the bank. Nowadays, his financial investments are managed under Fiba Holding while non-financial investments are managed under Fina Holding. In Turkey, Ozyegin operates under the brand name Fibabanka. Fiba has investments in retail, real estate, health, renewable energy, ports and hotels. his wealth is 2 billion dollars.