Rank: 5
Al-Futtaim Group
Country: U.A.E
Sector: Diversified
Establishment: 1930
Chairperson: Abdullah Al Futtaim
The Al-Futtaim Group has over 200 businesses across 20 countries employing 42,000 people in sectors including automotive, finance, real estate, retail, and healthcare. The group’s investments include 17.4% investment in the Commercial Bank of Dubai, worth $545 million as of April 2021. It also owns 52.8% of Emirates Investment Bank, 100% of Orient Insurance, and 7.2% of Dubai Insurance. The group is the biggest auto dealer in the U.A.E., distributing Toyota and Honda. Its real estate portfolio includes Festival City. Abdullah Al Futtaim & family ranked #1444 on Forbes World’s Billionaires list 2021 with a net worth of $2.2 billion.