Qatar’s Top Family Businesses on Forbes List 2025

Qatar continues to stand tall in the Middle East’s business landscape, thanks to its powerful family-owned conglomerates that have expanded from modest beginnings into multi-billion-dollar enterprises.

Forbes 2025 shines a spotlight on the country’s most influential family businesses, recognizing those that have shaped sectors ranging from real estate and healthcare to retail and petrochemicals. Here’s a look at the Qatari family-owned giants that made it to the Forbes 2025 list.

RANK 9: Al Faisal Holding

Founder & Chairman: H.E. Sheikh Faisal Bin Qassim Al Thani
Established: 1964
Current Sectors of Operation: Real Estate, Hospitality, Trading, Construction
Chairman’s Net Worth (April 2025): $1.8 billion

One of Qatar’s oldest and most influential family businesses, Al Faisal Holding has transformed from a local trading firm into a diversified powerhouse. Under the leadership of Sheikh Faisal Bin Qassim Al Thani, the group has left its footprint across several key sectors and continues to invest heavily in both local and international markets.

RANK 10: Power International Holding (PIH)

Group Chairman: Moutaz Al Khayyat
President & Group CEO: Ramez Al Khayyat
Presence: Over 400 companies across 19 countries
Sectors of Operation: Energy, Construction, Healthcare, Professional Services, Agriculture, Food Industries
Key Subsidiaries: UCC Holding, Estithmar Holding, Baladna, Assets Group, Aura Group, TMT Group

Rapidly rising to global prominence, Power International Holding is known for its dynamic diversification strategy. With a global presence and investments in high-growth sectors, the company plays a critical role in Qatar’s economic development and food security.

RANK 32: Darwish Holding

Chairman & Managing Director: Bader Abdullah Al-Darwish
Founded: Early 1900s in Qatar
Business Divisions: Real Estate, Stock Market, Retail, Wholesale, Malls, Technology
Retail Arm: Fifty One East
Recent Expansion (2024): Significant growth in real estate with new residential and commercial projects

A pioneer in luxury retail, Darwish Holding has been an integral part of Qatar’s commercial evolution. Its flagship store, Fifty One East, is home to iconic global brands like Rolex, CHANEL, Boucheron, L'Oréal, and Sony—many of which have been represented by the group since the 1940s.

RANK 57: Alfardan Group

Chairman: Hussain Ibrahim Alfardan
Founded: 1954
Sectors of Operation: Jewellery, Exchange, Property, Automotive, Hospitality, Investment, Marine Services, Medical, Agriculture

Alfardan Group is a celebrated name in the Gulf for luxury, craftsmanship, and precision. Known for its leadership in the jewellery and automotive sectors, the group has grown into a diversified conglomerate with a significant regional presence.

RANK 74: Abu Issa Holding

Chairman: Ashraf Abu Issa
Founded: 1981
Retail & Distribution Footprint: 100+ retail stores, 10+ distribution firms
Ownership: Majority stakes in over 30 companies
Sectors of Operation: Contracting, Electronics, ICT & Security, Interior Design, Hospitality, Marketing

AbuIssa Holding has carved a strong presence in both retail and technology-related services. With an expanding regional footprint, the group plays a pivotal role in shaping Qatar’s modern consumer and business environment.

RANK 81: Almuftah Group

Chairman: Abdulrehman Muftah AlMuftah
Founded: 1963
Sectors of Operation: Manufacturing, Trading, Contracting, International Schools, Services, Food & Beverage

From humble beginnings as a music shop, Almuftah Group has grown into a well-respected conglomerate offering a range of services that span education to food and industrial services. The group remains committed to innovation and excellence.

RANK 82: Almana Group

Vice Chairman: Saoud Omar H.A. Almana
Founded: 1960
Operations: Active in 10+ sectors, operates 30 businesses
Brand Partnerships: Represents 100+ international brands, including Coca-Cola, Ford, Jeep, and Hertz

Almana Group stands as one of Qatar’s most diversified businesses. Its long-standing relationships with global brands reflect a legacy of trust, performance, and market leadership across numerous sectors.

RANK 97: Mohamed Bin Hamad Holding (MBHH)

Chairman: Jassim Bin Mohamed Al Thani
Founded: Over 50 years ago by Mohamed Bin Hamad Abdullah J. Al Thani
Sectors of Operation: Healthcare, Hotels, Real Estate, Travel & Tourism, Petrochemicals, Food & Beverage, Facilities Management

MBHH is a significant player in Qatar’s socio-economic fabric, with robust investments in sectors critical to national infrastructure and wellbeing. Its diversified interests make it a vital part of Qatar’s development story.

These family businesses are not just economic entities—they are institutions that have contributed to nation-building and socio-economic development in Qatar.

As they continue to expand and evolve, their legacies represent a blend of traditional values and future-ready innovation, positioning Qatar as a hub of entrepreneurial excellence in the region.