The Al Darwish family is one of the most respected business families
in Qatar.
The family-owned Darwish Holding, a conglomerate whose activities include retail,
business services, real estate investment, investments, construction and others,
was founded by Abdullah Al Darwish Fakhroo and his brothers Jassim and Abdul Rahman
in 1920 and is now run by chairman Bader Abdullah Al Darwish. Under Al Darwish’s
leadership the firm has continued its substantial growth in
all sectors.
In addition to its current business, Darwish Holding introduced
the largest multi-brand luxury store in the Middle East,
Fifty One East, which spans over 13,500 sq m of space. It also developed and operates
the $348m luxury Lagoona Mall in the affluent West Bay of Doha. The 128,000 sq m
mall was opened in 2011. Over the last eight years, the firm has set unparalleled
benchmarks in the retail industry in Qatar.
The firm had plans to list its shares on the Qatar Stock Exchange
Market in 2008 but pushed back its listing plans in the wake of the eruption of
the global financial crisis. Al Darwish told Arabian Business last year that the
plan is still on, however, at the right time.
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