Top 100 Arab
Family Businesses

48. AlNowais Investments

Country: U.A.E.
Sector: Diversified
Establishment: 1979
Chairman : Hussain AlNowais

The AlNowais Investments operates across the Middle East, Asia, Europe, and Africa. It has activities in several sectors, including engineering and construction, oil field services, healthcare, communication systems, chemical industries, real estate, hospitality, investment, and financial sectors. In July 2022, one of its subsidiaries, AMEA Power, signed an agreement with the Ministry of Energy, the Électricité De Djibouti, and the Sovereign Fund of Djibouti for a solar power project in Grand Bara. In April 2022, AMEA Power announced a plan to produce 390,000 tonnes of green ammonia per year in Ain Sokhna, Egypt, for export purposes, with investments valued at $3 billion.