THE MIDDLE EAST’S

56. MAG Group Holding

Founder & Chairman: Moafaq Ahmad Al Gaddah
Established: 1978
Country: UAE

MAG Group Holding operates across real estate, contracting and engineering, freight, logistics, and industrial trading sectors, among others. Its subsidiaries include MAG Lifestyle Development—which was overseeing a project pipeline worth more than $5 billion as of March 2026, Keturah, Shoumous Properties, Kingdom by MAG, MMS Global, and MAGten. In May 2025, MAG Group and CITIC Limited signed an MoU to develop Keturah Ardh, a $6 billion project spanning 1.7 million square meters.