2. Al-Futtaim Group

Established: 1930
Country: U.A.E.
Chairman: Abdulla Al Futtaim

With operations in the automotive, finance, real estate, retail, and healthcare sectors, the Al-Futtaim Group has over 200 brands across 20 countries. It employs 33,000 people. The group owns 100% of Orient Insurance, 83.3% of the Emirates Investment Bank, and 26.3% of the Commercial Bank of Dubai. Abdulla Al-Futtaim and family had a net worth of $2.4 billion as of July 2023. In March 2023, the Al-Futtaim Group launched the Electric Mobility Company in the U.A.E., an e-mobility-focused dealership.