Dubai, United Arab Emirates: UAE headquartered international conglomerate Ghassan Aboud Group was listed amongst the Top 100 Arab Family Businesses that was released recently by Forbes Middle East. Notably, 25 companies from the UAE were featured in the list.
The illustrious list of companies included the region’s most reputed and leading family business houses that have presence across several key sectors of the economy.
Established nearly three decades ago in the UAE, the Ghassan Aboud Group is engaged in multiple businesses with a market reach of more than 100 countries. In addition to its global hub in the UAE, the group has offices in Belgium, Australia, Jordan and Turkey. The group is engaged in automotive, food, retail, logistics, hospitality
Responding to the recognition, Ghassan Aboud, Chairman said “we are honoured to be included in this list amongst other business groups. I wish to dedicate this award to my team for their dedication, hard work and passion for excellence.”
Suresh Vaidhyanathan, Group CEO, Ghassan Aboud Group added “this is indeed a timely recognition as we embark on several new projects in retail, food, automotive, hospitality and digital platforms. With a long-term perspective, our aim is to build a sustainable business that has positive impact on the economy and the communities we are involved in.”
Forbes Middle East noted that they ranked the family businesses based on the size and value of the businesses they hold, business activity in the last year, how diversified the business is in terms of sectors and geographies, the performance of their key businesses, age and legacy of the company and number of total employees.