50 most admired companies
Tue 27 Feb 2018 12:46 PM

Headquarters Kuwait

Year established 1890

Sector Retail

One of the oldest companies in the Gulf, Alshaya has been in retail since the 19th century. Alshaya also opened the Gulf’s first five-star hotel and the first Sheraton outside of North America in 1965. The company franchises nearly 90 of the world’s best-known retail brands including Starbucks, H&M, Mothercare, Debenhams, PF Chang’s, The Cheesecake Factory, Victoria’s Secret across 3,900 stores, employing 53,000 people across the Middle East and North Africa, Russia, Turkey and Europe.