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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.

Notable Investments Of Bernard Arnault

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.

The World's 5 Richest Billionaire Families

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.

Enduring Legacies: 5 Renowned Global Businesses That Were Founded By Families

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.

20 Smartest Cities In The World

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.

Musk Vs Zuckerberg: Who's Winning The Tech Billionaires' Brawl?

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.

Inflection AI, The Year-Old Startup Behind Chatbot Pi, Raises $1.3 Billion

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.

EXECUTING AN EVOLUTION

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.

GOING STRONG

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.

SEEDING SUSTAINABLE AGRICULTURE

6 mins

TOP 100 ARAB FAMILY BUSINESSES 2023

Family Businesses Are Evolving And Unlocking Value

TOP 100 ARAB FAMILY BUSINESSES 2023

4 mins

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Forbes Middle East - English Magazine Description:

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kategoriBusiness

DilEnglish

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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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