Page 100 - SGH PR REPORT - MARCH 2024

3/25/24, 1:32 PM PRESSR: Forbes Middle East reveals the top 100 Arab Family Businesses 2024 — TradingView News
with FinanceCom in the same year. In contrast, Oman-based Towell

Group is the oldest family business in the ranking, with roots dating

back to 1866.

Backing sustainable operations with substantial capital has been a

consistent priority for several of the 2024 listees. For example,

AlNowais Investments Group has over 1,230MW of clean energy

projects in Africa, Burkina Faso, Egypt, Jordan, Morocco, and Togo,

either in operation or under construction. Meanwhile, Alfardan

Group signed an MoU with Electronics Recycling Factory to develop

environmental sustainability and encourage e-waste recycling in

June 2023. Similarly, the Safari Group and the Knauf Group agreed in

December 2023 to invest in and build a new state-of-the-art

plasterboard production facility that will significantly reduce energy

and water consumption.

Click here to view the complete list of the Top 100 Arab Family

Businesses 2024.

Top 10 Arab Family Businesses In The Middle East 2024

1| Abdul Latif Jameel

Country: Saudi Arabia

Established: 1945

2| Al-Futtaim Group

https://www.tradingview.com/news/reuters.com,2024-03-15:newsml_Zaw6lkmp0:0-pressr-forbes-middle-east-reveals-the-top-100-arab-family-busines… 3/6