Published on September 28th, 2017 |
Forbes: Top 100 Real Estate Companies In The Arab World 2017
- The top 40 listed real estate developers have a combined market value of $90.5 billion, and brought in revenues of $18.1 billion in 2016.
- Forbes Middle East has held a glittering ceremony to award the industry leaders
Dubai, UAE – September 10, 2017: Forbes Middle East welcomed representatives of the region’s leading real estate companies at an exclusive event, held to unveil its Top 100 Real Estate Companies in the Arab World for the second year running.
The top 40 listed real estate developers have a combined market value of $90.5 billion, revenues of $18.1 billion, profits of $5.1 billion and assets worth $126.5 billion. U.A.E.-based Emaar Properties top the list.
Khuloud Al Omian, Editor-in-Chief of Forbes Middle East said, “The GCC’s real estate sector is one of the fastest growing in the world and is a key barometer for the economic growth of the region. By also ranking the largest REITs for the first time, we have highlighted the crucial role they play in making the sector more attractive for all stakeholders of the economy.”
Tags: Arab World, Dubai, Forbes, Middle East, SellAnyHome, SellAnyHome.com, startup, Top 100 Real Estate companies
About the Author
SayginYalcin Saygin is the Founder & CEO of the Middle East's (ME) first & largest car buying service, SellAnyCar.com and Founder of the first & largest online private shopping club in the ME, Sukar.com, which has been acquired by Souq.com, making him Partner at the Souq.com and Jabbar Internet Group, becoming the largest ecommerce company in the Arab world, with 3000+ employees. In its largest acquisition outside the US to date, Amazon.com has acquired Souq.com Group. He has been selected as a UBS Industry Leader, a network of Ultra-High-Net-Worth Individuals.
He was also Advisory Board Member & Academic Lecturer of Entrepreneurship at the Canadian University of Dubai.
He was referred to as "the region's online business guru" by the National newspaper in the UAE, while Arabian Business named him as "one of the region's finest young entrepreneurs and a major part of the entrepreneurial scene in recent years".
Fortune magazine (mag) named him in the 40 under 40 list, as one of the most influential young people in business, Entrepreneur mag ME awarded SellAnyCar.com, with Saygin at its helm, as the "Fastest Growing Company in the ME", while the National newspaper sees it among a handful of tech companies to "have the potential to break the $1bn barrier". In a cover story, Entrepreneur mag ME titled him as "undoubtedly one of the youngest & most successful internet entrepreneurs in the ME”, awarded SellAnyCar.com as "Technology Innovator of the Year”, while Khaleej Times awarded him as the Technology Leader. Gulf Business selected him as 1 of the Top 10 Entrepreneurs in ME.
In a cover story, Arabian Business counts him as 1 of the most successful entrepreneurs to call Dubai home. During the World Government Summit, HH Sheikh Saif Bin Zayed, Minister of Interior of the UAE, presented Saygin as an inspiring story for the country, in the presence of world leaders, incl. HH Sheikh Mohammed Bin Rashid Al Maktoum.