The world’s richest Arabs
Sun 15 Dec 2013 04:47 AM
Mohammed Al Barwani
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Mohammed Al Barwani

Country: Oman

Wealth: 2.6 Billion

Many of the names on our list keep a low profile, but not many of them fly as far under the radar as Oman’s Mohammed Al Barwani. He is the founder and chairman of the MB Group, which he launched as MB Trading in 1982.

The firm is now operational in 20 countries, with more than 6,000 staff. MB Holding’s subsidiaries are mainly focused on the energy sector, with interests in integrated oilfield services, exploration and production of oil and gas, engineering and mining and trading. The group’s investment portfolio includes stakes in many of Oman’s biggest companies, including banking, risk management, insurance, hospitality and mining outfits. Al Barwani has sat on the board of several companies, including National Bank of Oman, Taageer Investment & Leasing and Shell Oman Marketing.