Two Qatari women were named to Forbes magazine’s list of businesswomen in the corporate world in February.
Seven Qatar-based companies co-owned and run by families have been named in Forbes Top 100 Arab Family Businesses in the Middle East 2022.
Al Faisal Holding, chaired by Faisal Bin Qassim Al Thani, ranked ninth. Owns his 50 companies in culture and education, hospitality, real estate, construction and project management, trading, manufacturing and financial investment.
Founded in 1964, the company owns 29 hotels in Qatar, Saudi Arabia, Egypt, Algeria, Europe and the United States.
The 13th slot is Power, a second-generation family conglomerate operating primarily in five sectors: general contracting, industry and services, agriculture and food, real estate, and lifestyle, including hospitality, entertainment and catering. It is occupied by International Holding.
Its subsidiaries include Estithmar Holding, real estate company ASSETS, lifestyle hospitality and entertainment company AURA Group, construction company UCC Holding and milk and dairy brand BALADNA.
Alfardan Group drops to 33rd place and covers jewellery, financial trading, property development, automotive, hospitality, shipping and investment.
Originally founded as Alfardan Jewelery Company in 1954 by Hussain Ibrahim Alfardan, the group also owns the St. Regis Doha Hotel, Al Gassar Resort, Laguna Beach, Marsa Malaz Kempinski and Al Sadd Residence.
Alfardan Real Estate owns 6.1% of Dubai Investments, valued at $162 million as of August this year.
Hussain Ibrahim Alfardan is also the Founder and Vice Chairman of Qatar Commercial Bank.
In 1971, the Alfardan family opened the first exchange in Qatar.
Almana Group ranks 74th on Forbes 2022 Top 100 Arab Family Businesses. Founded in 1960, the company operates across the automotive, industrial, contracting, real estate, project sector, food and beverage, finance, security, IT and travel sectors.
The 93rd slot is dedicated to the Jaidah Group, first established in Qatar in 1898 as a trading company importing from Iran and India. The Group’s holdings are real estate, energy, heavy equipment, automotive, electrical and industrial goods companies.
At No. 96 is Abu Issa Holding, which first launched in 1981 as a luxury department store called the ‘Blue Salon’. Retail, e-commerce, hospitality, real estate, broadcasting, contracting, engineering services and more.
The retail sector includes international brands such as Godiva, Elie Saab, Cole Haan and Breitling.
In 100th place is Al Muftah Group, which started as a tire dealer in the 1960s. The group operates in 14 industries including real estate, wellness and fitness, education, consumer electronics, automotive and transportation, engineering and construction.
The group opened the Al Muftah Jewelery in 1984 and the Al Muftah Center retail store in 1987.
