Business
Forbes Middle East - English
SEEDING SUSTAINABLE AGRICULTURE
Morocco’s agribusiness is under mounting pressure amid soaring inflation and climate-driven weather variations. Rita Maria Zniber, Chairman and CEO of agribusiness group Diana Holding, is taking the lead in transitioning to a more sustainable ecosystem.
6 min |
August 2023
Forbes Middle East - English
GOING STRONG
Hassan Allam Holding’s third-generation leaders, Hassan Allam and Amr Allam, the Co-CEOs of the group, have been overseeing their family business since 2009 and 2010, respectively. They are now focused on expanding the company’s operations, leveraging hitting 5.5 billion in backlog in 2022.
7 min |
August 2023
Forbes Middle East - English
EXECUTING AN EVOLUTION
Tarek Hosni, CEO of family-owned Saudi pharmaceuticals giant Jamjoom Pharma, led the company through an IPO in June 2023—the largest the kingdom has seen so far this year. Now he’s looking at new product growth to make the company an international name.
7 min |
August 2023
Forbes Middle East - English
Inflection AI, The Year-Old Startup Behind Chatbot Pi, Raises $1.3 Billion
Backed by Microsoft, Nvidia and billionaires Reid Hoffman, Bill Gates and Eric Schmidt, the startup led by ex-DeepMind leader MUSTAFA SULEYMAN is valued at 4 billion—and claims to have the world’s best Al hardware setup.
4 min |
August 2023
Forbes Middle East - English
Musk Vs Zuckerberg: Who's Winning The Tech Billionaires' Brawl?
Whether Musk and Zuckerberg will ever make it to the boxing ring remains to be seen, but their rivalry continues to make headlines. Here are some highlights and key stats.
3 min |
August 2023
Forbes Middle East - English
20 Smartest Cities In The World
Here are the top 20 cities improving energy efficiency, reducing CO2 emissions, and increasing the well-being of citizens, according to the Institute for Management and Development in partnership with the World Smart Sustainable Organization.
4 min |
August 2023
Forbes Middle East - English
Enduring Legacies: 5 Renowned Global Businesses That Were Founded By Families
Family businesses have long been an important part of the global business landscape. Here are five renowned businesses founded by families, rising from humble beginnings to global prestige.
2 min |
August 2023
Forbes Middle East - English
The World's 5 Richest Billionaire Families
From the Walton family to the candy conglomerate Mars Inc., these families have built their fortunes through strategic investments, business acumen, and inheritance. Here are the top five richest billionaire families as of July 12, 2023, according to Forbes.
2 min |
August 2023
Forbes Middle East - English
Notable Investments Of Bernard Arnault
At the heart of the world’s second richest family is a prolific investor. Bernard Arnault was the richest person in the world when Forbes released its 2023 list of the World’s Billionaires in April. Here are some of his biggest backings.
2 min |
August 2023
Forbes Middle East - English
20 WOMEN BEHIND MIDDLE EASTERN TECH BRANDS 2023
Unveiling MENA’s Trailblazing Women in Tech
2 min |
July 2023
Forbes Middle East - English
50 WOMEN BEHIND MIDDLE EASTERN BRANDS 2023
Meet the Female Founders
3 min |
July 2023
Forbes Middle East - English
POWER DRESSING
From accounting to runway, Egyptian entrepreneur Sara Onsi has taken an unconventional path to success in the fashion industry. After reconnecting with her purpose, the risk-taker is now designing for inclusivity and empowerment
7 min |
July 2023
Forbes Middle East - English
MORE THAN SKIN DEEP
Salama Mohamed, Founder and CEO of Peacefull, launched her brand two years ago on a mission to give residents of the Middle East skincare products tailored to their climate. She’s since done that and much more, recently giving refugee women a means by which to earn income and find hope
7 min |
July 2023
Forbes Middle East - English
TEAM PLAYER
International England Hockey player turned fashion designer, Nadine Merabi, Cofounder and Creative Director of her namesake luxury ready-to-wear brand, is empowering women through fashion while celebrating her Lebanese heritage
7 min |
July 2023
Forbes Middle East - English
BEAUTY FROM BOTH SIDES
Hind Sebti, Cofounder and Chief Growth Officer of Waldencast, is both leading a Nasdaq-listed company and developing her own beauty startups. While pursuing her own life-long love of the industry, she’s now focused on mentoring others
5 min |
July 2023
Forbes Middle East - English
Canadian Cool
Everyone thought Covid was the final coffin nail for brick-and-mortar retail. For ARITZIA, a nearly 40-year-old Vancouver-based fashion outlet, it proved quite the opposite
5 min |
July 2023
Forbes Middle East - English
Playing the Fields
SAL GILBERTIE sells down-to-earth inflation hedges: funds that hold futures contracts on crops like corn and soybeans
4 min |
July 2023
Forbes Middle East - English
A Winning Formula
TOTO WOLFF built Mercedes’ F1 team into an auto racing dynasty. Their championship days may be behind them, but the billionaire racing boss is more successful than ever
5 min |
July 2023
Forbes Middle East - English
5 Global Retail Acquisitions In H1 2023
Here are five notable global acquisitions made by retail leaders in the first half of 2023 as they navigated a competitive landscape
2 min |
July 2023
Forbes Middle East - English
Snapshot: The Promising Future Of MENA's Gaming Market
Gaming is on the rise in the Middle East, leading to boosted investment in developers and publishing companies
2 min |
July 2023
Forbes Middle East - English
Women Who Changed The World
Here are five notable women whose inventions made huge contributions throughout history
2 min |
July 2023
Forbes Middle East - English
The Billionaire Heiresses Of Luxury Beauty And Fashion Brands
Women have been climbing up the billionaires’ lists, with 337 women billionaires in 2023 compared to 327 in 2022, according to Forbes. Here are the billionaire women who inherited their fortunes in luxury beauty and fashion empires. Some are leading their companies, while others control sizable shares. Net worths are as of June 13, 2023
2 min |
July 2023
Forbes Middle East - English
Meet Rafaela Aponte-Diamant, The World's Richest Self-Made Woman
With a net worth of $28.6 billion as of June 2023, Rafaela Aponte-Diamant is the world’s wealthiest self-made woman, according to Forbes’ 2023 Billionaires list. Here’s a glance into the life of the richest of the world’s 96 self-made women billionaires
1 min |
July 2023
Forbes Middle East - English
Arab Women Ambassadors Behind Global Brands
International luxury brands are paying increasing attention to the Middle East. These Arab women have become brand ambassadors for top global fashion and beauty brands
3 min |
July 2023
Forbes Middle East - English
5 Retail Giants Filing For Bankruptcy In 2022
Between growing debt, dwindling sales, inflation, and changing customer preferences, many retailers have become vulnerable. Here's a look at some retail giants that filed for bankruptcy in 2022
2 min |
June 2023
Forbes Middle East - English
MENA Tourism Startups
MENA startups attracted $1.1 billion in funding in Q1 2023, according to Wamda, with the travel-tech sector accounting for $9 million. Here are four regional travel startups revitalizing the market
2 min |
June 2023
Forbes Middle East - English
Meet Mo Salah, The World's Highest-Paid Arab Athlete
With $53 million in total earnings, Egypt's Mohamed Salah ranked as the highest-paid Arab athlete on Forbes' 2023 list of the World's Highest-Paid Athletes. Here's a glimpse into the life of the legendary sportsman
1 min |
June 2023
Forbes Middle East - English
EGYPT'S TOP 50 LISTED COMPANIES 2023
Events last year, including Russia’s invasion of Ukraine and the rising rate of inflation, put Egypt’s economy in severe trouble, leading to a foreign currency dry-up
4 min |
June 2023
Forbes Middle East - English
BANKING BOOM
U.A.E.-based bank Mashreq saw its profits hit $1 billion in 2022, leading a booming year for the country's banks. Group CEO, Ahmed Abdelaal, is looking to tech and talent for future growth
6 min |
June 2023
Forbes Middle East - English
THE MIDDLE EAST'S TOP 100 LISTED COMPANIES 2023
At this time of high inflation and global unrest, stock markets have been under pressure, with the MENA region not immune to the trajectory. In 2023, the aggregate market value of the Middle East’s Top 100 Listed Companies has decreased marginally by 5%, from $4 trillion in 2022 to $3.8 trillion
3 min |