THE MIDDLE EAST’S

2. Al-Futtaim Group

Established: 1930s
Country: U.A.E.
Chairman: Abdullah Al Futtaim

Founded in the 1930s, today the Al-Futtaim Group operates across automotive, financial services, real estate, retail, and health. It employs over 33,000 people across more than 20 countries in the Middle East, Asia, and Africa. The group has partnerships with more than 200 popular global brands, including Lacoste, HUGO BOSS, and Panasonic. In 2023, the group delivered a fleet of 370 electrified passenger cars, sports utility vehicles, and buses for COP28 and installed its Charge2Moov electric charging stations for the event. Abdulla Al-Futtaim and family had a net worth of $2.6 billion as of February 2024.