Top 100 Arab
Family Businesses

42. Crescent Group

Country: U.A.E.
Sector: Diversified
Establishment: 1971
Chairman: Hamid Jafar

Crescent Group operates a portfolio of more than 25 companies across nine sectors. It has a presence in over 22 countries through its two wholly-owned subsidiaries: Crescent Petroleum and Crescent Enterprises. Crescent Petroleum is among the largest and oldest private upstream oil and gas companies in the region. In January 2022, Dana Gas and Crescent Petroleum announced that it had recorded a 50% growth in natural gas production from its “Khor Mor” field in Iraq.