25. Oriental Weavers
Sector: Industrials
Chairwoman: Yasmine Khamis
Market Value: $363 million
Sales: $428 million
Profits: $31 million
Assets: $620 million
The Oriental Weavers Group manufactures carpets and rugs. The group distributes its products across 130 countries, with 26 production facilities in Egypt, the U.S., and China and distribution hubs in the U.K., U.S., and U.A.E. It produced 144.5 million meters of carpet in 2022 with 63% of its revenues generated from export sales in the 2022 financial year. In December 2022, Farida and Yasmine Khamis transferred their combined 24.62% stake in Oriental Weavers Carpet to London-based FYK limited, which is fully owned by the two sisters.