CEOWORLD magazine - Latest - Stats Gate - Top 10 Oldest Companies In The MENA Region

Stats GateSuccess and Leadership

Top 10 Oldest Companies In The MENA Region

The companies included in this article belong to different industrial sectors, but they have one thing in common. They were some of the oldest in the MENA region since they were founded more than 100 years ago. So, it is really interesting to learn more about their history and how they managed to “survive” in difficult times. 

  1. House of Alireza
    An Iranian family moved to Jeddah in early 1800 and founded a trading business in 1845, the House of Alireza. This family business continues its operation today. It is considered the oldest business in Saudi Arabia. Although the family business started with trading food, textiles, and more, it has now expanded its activity in many other sectors such as real estate, travel, and maritime. The business’s name changed in 1929 to Haji Abdullah Alireza & Co. 
  2. Binzagr
    In 1881 Mohammed Obeid Binzagr founded the company after deciding to become a trader focusing on the regions of Europe and The East. The company has two main objectives: distribution and logistics. According to the company’s history, in 1970 started a partnership with Unilever concerning soap production. Furthermore, Binzagr started another business activity concerning soft drinks in cooperation with a company from Denmark. The headquarters of the company are in Jeddah. 
  3. Bonjus
    The company’s activity is mainly in Lebanon, where it is one of the most known of its kind. It was founded in 1960. Juices and ice creams are the two main categories of products in its portfolio. The company’s products are also available for consumption in Africa and the Gulf region. The main characteristic of the company’s logo is a huge smile. 
  4. Aramex
    Aramex’s headquarters are in Dubai. The company is known not only in UAE but also all over the world. The company offers delivery services for letters, parcels, and more. The company was founded in 1982 with offices in Amman and New York. 
  5. Juhayna
    This is another company that specializes in the production of dairy products. It was founded in 1983, and it is of Egyptian origin. The founder of the company is Safwan Thabet. The company has four operational spots for producing and distributing the products to almost 136,000 stores nationwide. Also, the company owns a dairy farm that can host 7.000 cows. 
  6. Bhatia Brothers
    The company was founded in 1957, and its headquarters are in Dubai. However, it has offices in many other regions in the UAE. At the same time, its business presence has expanded in some European countries. Bhatia Brothers is one of the UAE’s largest companies focusing on industrial sectors such as oil and gas, construction, and hospitality. 
  7. National Bank of Egypt
    The headquarters are in Egypt, and its foundation dates back to 1898. Nowadays, the bank has 540 branches in Egypt, while the total assets in 2019 were counted to be almost 85 billion dollars. Six partners founded the bank. There is one branch out of Egypt, basically the one and only subsidiary out of Egypt, and it is located in London. 
  8. Middle East Airlines
    The company was founded in 1945, and its headquarters are in Beirut. The flights started on the 1st of January 1946. It has 20 airlines, and it flies to 33 destinations. Mohamed El Hout is the CEO and President of Middle East Airlines. 
  9. Etisalat
    The company’s portfolio belongs to the telecommunication sector. It was founded in 1976 with headquarters in Abu Dhabi. Over the years, it has gained new markets in 16 countries in Asia, the Middle East, and Africa. The company recently differentiated its logo by adding the “e&.” 
  10. Gulf Air
    It was founded in 1950, and its first name was Gulf Aviation. This name was given by its first founder Freddie Bosworth. Of course, it is nowadays owned by the state of Bahrain. Over the last years, the company had losses in net profit, so it is in the process of finding solutions in order to start gaining profit again. 

Have you read?
Recover Productivity by Rediscovering How Work Gets Done by Dr. André Martin.
Better Together by Leo Bottary.
Leadership Lessons from Fatherhood: 7 Key Behaviors to Adopt by Robin Landa.
Openly LGBTQ CEOs at the helm of major global companies.
The value of small talk as a powerful empathy tool by Vanessa Vershaw.

Add CEOWORLD magazine to your Google News feed.
Follow CEOWORLD magazine headlines on: Google News, LinkedIn, Twitter, and Facebook.
Thank you for supporting our journalism. Subscribe here.
For media queries, please contact:
CEOWORLD magazine - Latest - Stats Gate - Top 10 Oldest Companies In The MENA Region
Maria Gourtsilidou
Maria Gourtsilidou is Senior Editor of Research and Data Analytics at the CEOWORLD magazine. She is responsible for driving thought leadership, using data analytics to showcase the company’s products and services, and fostering knowledge sharing between CEOWORLD magazine and client organizations. She studied Public Administration (Economics Of The Public Sector) in Greece and holds a Bachelor’s in Public Administration from the Panteion University of Political & Social Studies. Follow Maria Gourtsilidou on Twitter. Write at