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Saudi Arabia, UAE lead Forbes’ 2023 Arab family business ranking

Although Saudi Arabia and the UAE dominated the list, with 33 and 29 of the top 100 spots respectively, Egypt’s Mansour Group sat in first place, with the UAE’s Al-Futtaim Group in second and Saudi Arabia’s only female-led company, Olayan Financing Company, at third.

A picture taken on Oct. 23, 2018, shows Lubna Olayan, CEO and Deputy Chairperson of Olayan Financing.
A picture taken on Oct. 23, 2018, shows Lubna Olayan, CEO and Deputy Chairperson of Olayan Financing, listening to Yasir al-Rumayyan, Managing Director of Public Investment Fund, during the opening ceremony of the Future Investment Initiative FII in the Saudi capital, Riyadh. — FAYEZ NURELDINE/AFP via Getty Images

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