Forbes Middle East - English - August 2023
Forbes Middle East - English - August 2023
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In this issue
Forbes Middle East August 2023 issue - 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 mins
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 mins
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 mins
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 mins
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 mins
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 mins
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 mins
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 mins
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 mins
TOP 100 ARAB FAMILY BUSINESSES 2023
Family Businesses Are Evolving And Unlocking Value
4 mins
Forbes Middle East - English Magazine Description:
Publisher: Forbes Middle East
Category: Business
Language: English
Frequency: Monthly
Forbes Middle East is here to fill the vacuum for credible, original and intelligent journalism. Forbes Middle East's Arabic and English versions will reach out to all senior business executives and aspiring individuals who want to succeed!
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