Top 100 Arab
Family Businesses

12. Alshaya Group

Country: Kuwait
Sector: Retail
Establishment: 1890
Executive Chairman: Mohammed Alshaya

The Alshaya Group owns and operates over 4,000 stores, cafes, restaurants, and leisure destinations, as well as over 100 ecommerce sites and apps across MENA, Turkey, and Europe. It employs over 50,000 people. In 2021, the group opened 350 new stores. It runs brands such as Starbucks, H&M, Mothercare, Debenhams, and American Eagle Outfitters. The family owns 34.1% of Mabanee, which was valued at $1.1 billion as of August 2022. In March 2022, the group signed an MoU with the UN’s Human Settlements Programme (UN-Habitat) regarding sustainable development and initiatives.