Industry: Banking & Finance
Company: Horizon Development
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.