Arabian Business Power 500 2013
Thu 21 Mar 2013 10:28 AM
Bahaa Hariri

Bahaa Hariri

Industry: Banking & Finance

Company: Horizon Development

Designation: Chairman

Country: Switzerland (Lebanon)

Bahaa Hariri, the eldest son of the late Rafik Hariri, left the family-owned construction, utility and telecommunications company, Saudi Oger, in 2009 to concentrate on his own property company, Horizon Development.

The Geneva-based firm is in partnership with Jordan›s government owned real estate developer to build a $5bn mini-city in the port of Aqaba on the Red Sea and in also developing a $500m residential tower, commercial shopping centre and hotel project in Lebanon. The Boston University graduate is a major stakeholder in Globe Express Services (Overseas Group), which is ranked among the top 100 logistics providers globally.

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