23. Yousuf M.A. Naghi & Sons Group

Established: 1911
Country: Saudi Arabia
Chairman: Mohammed Yousuf Naghi

Founded in 1911, when Jeddah was a small trading and fishing port, the Yousuf M.A. Naghi & Sons Group today operates across the automotive, FMCG, electronics, operation and maintenance, catering, and retail sectors. The group has four main businesses—Mohamed Yousuf Naghi & Brothers Group, Cigalah Group, Arabian Food Supplies, and United Yousef M.Naghi Co.—which are managed by the four sons of the founder: Mohamed, Yaser, Saleh, and Ammar.