THE MIDDLE EAST’S

70. Talal Jassim Al-Bahar

Company: IFA Hotels & Resorts (IFA HR)
Designation: Vice Chairman
Nationality: Kuwaiti
Residence: U.A.E.
Category: Hotels & Resorts

IFA HR owns and operates 15 hospitality and real estate projects across the Middle East and Africa. In January 2025, Kuwait’s AQARAT and IFA HR launched the $953 million Al Tay Hills residential project in Sharjah, with 1,100 villas and townhouses. In 2024, the company reported a net profit of $54.4 million and total revenue of $121.5 million, up from $114.5 million in 2023. Al-Bahar is also the chairman and CEO of IFA South Africa and United Investments Portugal, vice chairman and CEO of the Kuwait Real Estate Company (AQARAT), and a board member of the Commercial Real Estate Company (Al-Tijaria).