YK Almoayyed & Sons leads a six-strong Bahrain presence in Forbes’ list of Top 100 Arab Family Businesses In The Middle East 2021.
Ranked 38th, the diversified enterprise is led by Farouk Almoayyed as chairman and represents over 300 international brands, including Nissan, Ford, Infiniti, Lincoln, Renault, Toshiba, Glem Gas, and Sony.
Its profile today includes automobiles, heavy equipment, building materials, and electronics, among others.
Next in line is the Yusuf Bin Ahmed Kanoo Group (YBA Kanoo) Group, ranked 51st on the list.
Founded in 1890 as a trading and shipping company, the firm has since expanded to cover other sectors such as travel, machinery, engineering, logistics, property, energy, industrial chemicals, and commercial activities.
Khalid Kanoo is the chairman of the group whose investment division has more than 30 joint ventures and over 40 active investments.
With operations in Bahrain, Iraq, the UAE, Qatar, and India, the Abdulla Yousif Fakhro Group takes 78th place on the list.
Chaired by Esam Abdulla Fakhro, the firm has operations in the automotive, industrial, electronics, telecommunications, insurance, contracting, shipping, and logistics sectors, including strategic alliances with global partners such as Budget Rent-A-Car, BYD Auto, Mobil, Sony Ericsson, Cisco and McDonald’s.
Close on its heels is 80th ranked Al Zayani Investments, whose chairman is Nawaf Al Zayani.
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