The economy of Bahrain is heavily dependent upon oil and gas. The Bahraini Dinar is the second-highest-valued currency unit in the world. Since the late 20th century, Bahrain has heavily invested in the banking and tourism sectors. The country's capital, Manama is home to many large financial structures. Bahrain's finance industry is very successful. In 2008, Bahrain was named the world's fastest growing financial center by the City of London's Global Financial Centres Index. Bahrain's banking and financial services sector, particularly Islamic banking, have benefited from the regional boom driven by demand for oil. Petroleum is Bahrain's most exported product, accounting for 60% of export receipts, 70% of government revenues, and 11% of GDP. Aluminium is the second most exported product, followed by finance and construction materials.
Ras Al Khaimah (RAK) is one of the seven emirates that make up the United Arab Emirates (UAE). The city of Ras Al Khaimah, abbreviated to RAK or RAK City, is the capital of the emirate and home to most of the emirate's residents. It is linked to the Islamic trading port of Julfar. Its name in English means "headland of the tent". The emirate borders Oman's exclave of Musandam, and occupies part of the same peninsula. It covers an area of 2,486 km2 (960 sq mi) and has 64 km (40 mi) of beach coastline. As of 2015, the emirate had a population of about 345,000.
Emirates Telecommunications Group Company PJSC, doing business as etisalat by e&, is a UAE state-owned telecommunications company. It is the 18th largest mobile network operator in the world by number of subscribers.
Al Ghurair Group, also known as Saif Al Ghurair Group, is a Dubai, United Arab Emirates-based business group founded by the Al Ghurair family. A diverse conglomerate, it has operations in the Middle East, North Africa, Europe and North America. The grandsons of Al Ghurair Group founder Ahmad Al Ghurair run the group. Abdul Rahman Saif Al Ghurair serves as group chairman and Majid Saif Al Ghurair is the group's chief executive officer.
Atkins is a Canadian-British multinational engineering, design, planning, architectural design, project management and consulting services company. It is a subsidiary of SNC-Lavalin and is headquartered in London.
Sheikh Ahmed bin Saeed Al Maktoum is an Emirati businessman and member of Dubai's ruling Al Maktoum family. He is the president of the Dubai Civil Aviation Authority, CEO and founder of the Emirates Group, and chairman of Dubai World.
The Emirates Group is a state-owned Dubai-based international aviation holding company headquartered in Garhoud, Dubai, United Arab Emirates, near Dubai International Airport. The Emirates Group comprises dnata, an aviation services company providing ground handling services at 126 airports, and Emirates Airline, the largest airline in the Middle East. Emirates Airlines flies to over 150 destinations across 6 continents, operating a fleet of over 250 wide-bodied aircraft. The airline has 170 aircraft on order worth US$58 billion. The Emirates Group has a turnover of approximately US$28.3 billion and employs over 105,000 employees across all its business units and associated firms, making it one of the biggest employers in the Middle East. The company is wholly owned by the Government of Dubai directly under the Investment Corporation of Dubai and as part of Dubai Inc.
Motivate Media Group is a media company based in Dubai, United Arab Emirates. It was founded in 1979 by Ian Fairservice, and today has offices in Abu Dhabi Saudi, and London. It is operated in partnership between Ian Fairservice and Obaid Al Tayer, who is the chairman of the Al Tayer Group and the UAE’s former Minister of State for Finance.
Arabtec Holding PJSC, Dubai's most heavily traded and largest construction group in GCC together with its subsidiaries, provided construction services for residential, commercial, oil and gas, infrastructure, power, facilities management, and property development sectors in the United Arab Emirates and internationally. It operated through Construction; Mechanical, Electrical and Plumbing; Oil & Gas, Infrastructure and Power; and other segments. The company was involved in the construction of high-rise towers, buildings, and residential villas, as well as drainage, electrical, mechanical, and plumbing contracting, and civil and infrastructure construction works. It also engaged in real estate investment, development, leasing, and management activities. In addition, the company manufactured precast panels and steel structures, as well as ready-mixed concrete
LuLu Group International is an Emirati-based multinational conglomerate company that operates a chain of hypermarkets and retail companies, headquartered in Abu Dhabi, United Arab Emirates. It was founded in 2000 by M. A. Yusuff Ali from Nattika in Kerala, India. The Group mainly operates "Lulu Hypermarket", a chain of hypermarkets that ranks among the top grocers in many of the markets it operates in. LuLu has over 65,000 employees of various nationalities.
Yusuff Ali Musaliam Veettil Abdul Kader, popularly known as M. A. Yusuff Ali, is an Indian businessman and billionaire. He is the chairman and managing director of LuLu Group International, which owns the LuLu Hypermarket chain worldwide and LuLu International Shopping Mall. With an annual turnover of US$8.4 billion, LuLu Group International employs the largest number of Indian diaspora|. According to Forbes Middle East, Yusuff Ali was ranked No. 1 in Top 100 Indian business owners in the Arab World 2018. As per Forbes billionaires list published in October 2023, he was ranked 27th richest Indian with net worth of US$6.9 billion.
Al Tayer Group is a privately held holding company established in 1979. Currently, the group operates in 6 countries in the Middle East, including nearly 200 stores and 23 showrooms in multiple markets in the Middle East.
Bilfinger Deutsche Babcock Middle East (FZE) is an internationally active construction and engineering services company located in the United Arab Emirates; it is part of Division Piping Systems and part of the framework Bilfinger SE.
Nayla Al Khaja is the first female screenwriter, director, and producer in the United Arab Emirates,
Novo Cinemas is a movie theatre chain owned by Elan Group Qatar operating in the United Arab Emirates (U.A.E.), Qatar and Bahrain. It is headquartered in Doha and considered one of the larger cinema chains in the Middle East.
Careem is a Dubai-based super app with operations in over 70 cities, covering 10 countries across the Middle East, Africa, and South Asia regions. The company, which was valued at over US$2 billion in 2018, became a wholly-owned subsidiary of Uber after being acquired for $3.1 billion in January 2020. Careem expanded into the food delivery business with Careem Now in November 2018, which evolved into Careem Food as well as the rapid grocery delivery service Careem Quik in 2020, and launched a digital payment platform, Careem Pay in April 2022. In April 2023, Careem's Super App business was spun out into a new legal entity, which e& acquired a 50.03% stake in, while Uber maintains full ownership of Careem's ride-hailing business. The Super App currently offers 20 digital services in the UAE including ride-hailing, food, grocery, micromobility, DineOut, and a subscription-based service - Careem Plus, amongst others.
Hasan Abdullah Ismaik is a Jordanian businessman and Chairman of Hasan Abdullah Mohammed Group, a UAE-based group of investment companies founded by Ismaik in 2006. He owns Marya Development & Real Estate Investment LLC, a private investment company in the United Arab Emirates with a diversified investment portfolio that includes projects worth US$4 billion. He is the Chairman of Al-Ashmal Real-Estate Investment Co. in Jordan; and Chairman of publicly listed Masaken for Land and Industrial Development Projects. In 2014, Forbes Magazine listed Ismaik as the first Jordanian billionaire and the third-youngest billionaire in the Middle East.
Minor Hotels is an international hotel owner, operator, and investor headquartered in Bangkok, Thailand, with more than 530 hotels in over 55 countries across Asia-Pacific, the Middle East, Africa, the Indian Ocean, Europe, and the Americas. Minor Hotels operates as a subsidiary of Minor International, one of the largest hospitality and leisure companies in the Asia-Pacific region. The group operates hotels under the brands of Anantara Hotels, Resorts & Spas, Avani Hotels & Resorts, Elewana Collection, Oaks Hotels, Resorts & Suites, NH Hotels, NH Collection, nhow Hotels, and Tivoli Hotels & Resorts.
Faizal Edavalath Kottikollon is a United Arab Emirates-based Indian entrepreneur and philanthropist. He is the founder and chairman of KEF Holdings – a diversified company known for establishing technologically integrated enterprises across multiple industries. He is also Chairman of the Board of Meitra Hospital – an advanced tertiary care hospital in Kozhikode, Kerala.
Investment Corporation of Dubai is the principal investment arm of the Government of Dubai focused on strengthening Dubai’s economy through long-term value and wealth creation and investing in global opportunities. Established in 2006, ICD manages the Government of Dubai Portfolio of commercial companies and investments. In 2022, ICD reported assets worth $320 billion and revenue of $73 billion. The Dubai-based corporation provides strategic oversight, develops and implements investment strategies and corporate governance policies, and operates in multiple sectors, including oil and gas, transportation, banking, and financial services.
