Forbes magazine's list of the top 100 companies that are making an impact in the Arab world included 17 Lebanese firms. The list includes privately-held enterprises, from family businesses to holding companies that are making a positive impact and affecting positive change such as leading an industry, contributing to social development and charity work, or promoting economic growth.
Forbes ranked the Debbané Group in 37th place, the Mouawad Group in 42nd place, the Kettaneh Group in 46th place, Malia Holding in 48th place, Baalbaki Group in 50th place, M1 Group in 54th place, Pharaon Holding Group in 56th place, Abou Adal Group in 58th place, Sehnaoui Plant Group of Companies in 72nd place, Johnny R. Saadé Holdings in 73rd place, Issa Holding in 75th place, Sarkis Group International in 78th place, Averda Group in 80th place, Kurban Group in 81st place, Zakhem International Construction in 85th place, Assouad Group Lebanon in 90th place, and Group Murr Holding in 92nd place.
Lebanon has the third highest number of companies on the list behind the UAE with 41 firms and Saudi Arabia with 23 companies.
The list also included 14 companies from Kuwait, three companies from Jordan and one company from each of Bahrain and Oman.
Lebanon This Week – Byblos Bank