Six Kuwaiti family businesses named in Forbes Middle East Top 100 ranking

Forbes Middle East has unveiled its "Top 100 Arab Family Businesses for 2026" list, celebrating companies that foster growth, innovation, and intergenerational sustainability. Six prominent family businesses from Kuwait have been included in this prestigious ranking, as reported by the Al-Seyassah daily.

The Forbes methodology for this list considers several key criteria, including the size and value of assets, recent business performance, investment strategies, the company's historical trajectory, and the extent of its diversification across various sectors and geographical markets. This comprehensive approach aims to identify businesses that demonstrate resilience and a strong foundation for future success.

Among the top-ranked Kuwaiti entities is Alghanim Industries, securing the 15th position globally on the list. Founded in 1932 by Yousef Al-Ghanim, the company now employs over 15,000 people across 30 companies operating in 40 countries. Its diverse portfolio includes partnerships with major global brands like American Express, British Airways, and Cadillac, and it has recently launched initiatives such as Barq, an electric vehicle charging operator, and Starlink satellite internet services.

Alshaya Group, ranked 20th, is another significant Kuwaiti presence. Established in 1890, it represents over 50 international brands, operating more than 3,500 stores, cafes, and restaurants across the Middle East, North Africa, Turkiye, and Europe. The group also has extensive logistics, food production, and digital project operations, including brands like Starbucks and H&M. In April 2026, Alshaya Group opened its first global talent acquisition center in Egypt.

Al-Sayer Group, at 41st place, operates across diverse sectors including automotive, trading, education, healthcare, and investment. The company also actively supports social and empowerment initiatives, partnering with organizations like the Kuwait Paralympic Committee. Al-Mulla Group, founded in 1938, ranks 51st and operates in eight countries with a workforce of 15,000 employees, managing over 40 companies and 200 global brands.