Forbes Middle East – a vital source for the region’s latest business and financial news and analysis, with a focus on investing, technology, entrepreneurship, leadership and lifestyle.

Big homegrown businesses in the Middle East are not only economic entities but also cultural and social institutions deeply rooted in tradition and heritage. Middle Eastern family businesses, once characterized by traditional sectors such as hospitality, retail, and manufacturing, are increasingly diversifying into emerging industries. The push for innovation and adaptation is crucial in the ...

Forbes Middle East – a vital source for the region’s latest business and financial news and analysis, with a focus on investing, technology, entrepreneurship, leadership and lifestyle.

Economic uncertainty has cast a shadow over MENA companies in recent years, with the top 100 listed companies seeing a marginal 5.1% decrease in their sales from $1.1 trillion in 2022 to $1 trillion in 2023. Their net profits also dropped by 13.5% to $240.2 billion, and their aggregate market value decreased marginally by 4.4% to $3.6 trillion as of April 2024.

MENA has emerged as a vibrant hub for innovation and entrepreneurship, fostering a dynamic landscape for startups. Over the past decade, venture capital has played a pivotal role in fueling this growth, providing essential funding and strategic support to fledgling businesses.

Our fourth annual list of the top 100 CEOs in the Middle East features many leaders whose influence extends far beyond normal business parameters. In this region, the government is often one of the biggest shareholders in the largest organizations, so while the business heads are committed to creating value for shareholders and other financial metrics, they also align with national interests ...

Forbes’ World’s Billionaires 2021 ranking features 25 billionaires from across the globe that reside in the Middle East. Of these, 11 are living in the UAE, making it the Middle Eastern country with the highest number of billionaires.

This year’s 50 Most-Funded Startups In MENA have raised nearly $3 billion in total funding, with the top 10 alone amassing $1.9 billion. The U.A.E. dominates the list, with 22 startups securing nearly $1.8 billion combined—over 60% of the list’s total funding. It is followed by Saudi Arabia, which is home to 12 startups that raised a total of $520.4 million, while Egypt’s seven entries ...

The last few months have been tough for listed businesses in the Middle East, with many experiencing a sharp drop in market value due to the coronavirus effect on stock markets worldwide. However, by end-Q1 2020, that hadn’t seemed to have dampened things for listed companies in the Middle East ...

Forbes Middle East is a licensed edition of Forbes for the Arab world, championing inspiring business journalism and entrepreneurial capitalism. Our online and social platforms break news covering billionaires, business, investment, technology, economy, entrepreneurship, leadership, and luxury lifestyles. Our monthly magazine, featuring in …