54. MAG Group

Established: 1978
Country: U.A.E.
Chairman : Moafaq Ahmed Al Gaddah

The MAG group operates across different sectors, including real estate, contracting and engineering, industrial and commercial trading, freight services, and hospitality. It employs more than 2,000 people worldwide across more than 50 companies and branches. MAG Property Development is the group’s real estate development arm. With 4,851 completed units and 3,367 under construction, the company's projects are valued at more than $5 billion. In 2022, the company launched Keturah Reserve, a residential development that aims to immerse residents in nature through bio-living. MAG Property Development recorded $816.7 million in sales during Q1 2023.