Four Bahraini Families Shine On Forbes Middle East’s Top 100 Arab Family Business List
Forbes Middle East unveiled The Top 100 Arab Family Businesses for 2024 showcasing FOUR powerhouse Bahraini families, and their thriving enterprises!
Each contributing significantly to the Kingdom’s economic growth, the distinguished names featured on this exclusive list include Y.K. Almoayyed & Sons Group, Yusuf Bin Ahmed Kanoo Group (YBA Kanoo), Alzayani Investments, and Abdulla Yousif Fakhro Group.
Diverse portfolios and notable partnerships!
51st on the list was Y.K. Almoayyed & Sons Group
Established in 1940, Y.K. Almoayyed & Sons Group boasts diversified interests across various sectors, including automobiles, electronics, home appliances, heavy equipment, industry, and construction systems. The group has been recognised for their professionalism, quality products, and continued innovation, contributing significantly to Bahrain’s economic landscape over the years.
Yusuf Bin Ahmed Kanoo Group ranked 55th on the list, now featured for a second year in a row!
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Yusuf Bin Ahmed Kanoo Group, commonly known as YBA Kanoo, is a renowned conglomerate based in Bahrain with a history dating back to 1890. The group has established itself as a leading player in various sectors, including shipping, logistics, travel, industry, oil and gas, and real estate.
Furthermore, the group has diversified into real estate development, property management, and investment, contributing to the growth and development of Bahrain’s real estate sector.
Alzayani Investments secured the 82nd spot
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Alzayani Investments is known for its strong business acumen, strategic investments, and commitment to delivering quality products and services. Founded in 1977, the group has established a strong presence in various industries, including automobiles, healthcare, real estate, and food & beverage.
Abdulla Yousif Fakhro Group got the 95th position on the list
Abdulla Yousif Fakhro Group secured the 95th position on the list, and currently dates back to 1888, making it one of the oldest and well-established Bahraini companies to ever exist.
The group currently operates in automobiles, industrial products, electronics, insurance, communications, contracting, shipping, and logistics services, playing a significant role in Bahrain’s economy.
So proud of these four Bahraini families!
Their presence of these four powerhouses shows off the rich heritage of entrepreneurship, and excellence within the Kingdom. Congratulations and well done ❤️
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