THE MIDDLE EAST’S

46. MAG Group Holding

Founder & Chairman: Moafaq Ahmad Al Gaddah
Established: 1978
Country: U.A.E.

MAG Group Holding employs over 2,000 people across more than 50 companies. The group operates across many sectors, including real estate, contracting and engineering, freight, logistics, and industrial trading. In 2024, its real estate portfolio reached $12 billion, with numerous developing projects under subsidiaries like MAG Lifestyle Development and Keturah. The group also has a pipeline of projects in the design and study phases valued at $10 billion, expected to launch in 2025 and 2026. In January 2025, MAG Group Holding was selected by AD Ports Group as the lead developer of Marsa Zayed, a beachfront resort and residential community in Jordan.