Rank: 40
Crescent Group
Country: U.A.E
Sector: Diversified
Establishment: 1971
Chairperson: HamidĀ Jafar
The Crescent Group operates a portfolio of more than 25 diversified companies across nine sectors with a presence in over 22 countries through its two main wholly-owned subsidiaries: Crescent Petroleum and Crescent Enterprises. The group has a workforce of more than 7,000 people. Crescent Petroleum is among the largest and oldest private upstream oil and gas companies in the region and has invested approximately $2.6 billion since inception. It owns 20% of Dana Gas, valued at $305 million as of April 2021. Crescent Enterprises extends across eight sectors, including ports and logistics, power and engineering, aviation, healthcare, media and entertainment, real estate and construction, IT commerce, and private equity, and employs over 2,600 people.