Tuesday March 19th, 2024
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Mansour Group Named Most Powerful Family Business in the Arab World by Forbes Middle East

In a list of the Arab world's most powerful family businesses by Forbes Middle East, Egypt's Mansour Group hit the top of the rankings.

Staff Writer

Mansour Group Named Most Powerful Family Business in the Arab World by Forbes Middle East

The Arab world has a lot of powerful dynasties, whether we're talking literally or in the realm of business. But among the Arab world's most powerful family businesses, among the Olayan Groups of Saudi Arabia or the Al Futtaim Groups of the Emirates, Forbes Middle East has recognised one family business as standing heads-and-shoulders above all the rest: Egypt's own Mansour Group.

While other nations had more groups populating the list - 36 companies come from Saudi Arabia while 21 are from the UAE - none could individually measure up to the Mansour Group. The multinational conglomerate represents some of the biggest international brands including McDonald's, Chevrolet and UPS, is the largest General Motors dealer in the world, and operates Egypt's largest supermarket chain, Metro Markets. It is managed by three brothers - Mohamed, Youssef and Yasseen Mansour - who have all made Forbes' World's Billionaires 2020 list.