Rank: 14
Al Nahla Group
Country: Saudi Arabia
Sector: Diversified
Establishment: 1996
Chairperson: Abdulrahman Hassan Sharbatly
The Al Nahla Group was established by the late Hasan Abbas Sharbatly, who previously founded Riyad Bank. Today the group owns 8.7% of Riyad Bank, worth $1.7 billion as of April 2021. The holding company focuses on the automotive, real estate, trading, and investment sectors. Its two companies in the automotive sector import and have exclusive dealerships with brands such as Audi, Porsche, Ferrari, and Maserati. In real estate, the company is behind mega projects in the Middle East, such as City Stars Mall in Egypt. Its investments focus on Saudi Arabia, the Gulf, Egypt, and across various industrial sectors.