THE MIDDLE EAST’S

66. Al Khayyat Investments (AKI)

Established: 1982
Country: U.A.E.
Managing Director: Zaid S. Al Khayyat

Founded in 1982 as a pharma company, AKI today is a multibillion-dollar diversified business in the healthcare, consumer goods, contracting, retail, lifestyle, and automotive sectors. In 2023, AKI began constructing its largest fulfillment center in Dubai, which will double its existing storage capacity, housing 32 loading bays across 48,000 sqm. It also launched fully-fledged operations in Iraq for healthcare and FMCG, expanded AKI Fashion Retail brands across Saudi Arabia, and expanded the fitness retail brand Befit in the U.A.E., Saudi Arabia, Kuwait, Iraq, and Egypt.