Posted inUncategorized Arabian Business Power 500

Issad Rebrab

Company: CEVITAL

Designation: Founder

One of Algeria’s biggest companies, CEVITAL is a major food manufacturing outfit, which also has extensive interests in retail. It is headed by flamboyant businessman Issad Rebrab, who is also building a giant industrial complex worth an estimated $20bn. Rebrab’s companies are believed to control a significant portion of the sugar and vegetable oil markets in the country; when protests erupted in Algeria earlier this year, the magnate voluntarily dropped prices further than the government had required.

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