World's 100 Most Powerful Arabs 2014
Wed 26 Mar 2014 03:56 PM
Mohamed Alshaya

Company: MH Alshaya

Designation: Chairman

Country: Kuwait

There isn’t a more successful franchiser in the Arab world, and probably anywhere in the world, than Mohamed Alshaya. Nearly 30 years ago, Wharton School of Business graduate Alshaya did a three months’ work experience stint at the UK-based retailer Mothercare, stacking shelves and advising mothers on which prams to buy. He clearly learnt a lot.

Today, his retail empire MH Alshaya owns and operates over 2,600 franchise stores on three continents and employs around 40,000 people. And he has an uncanny knack of picking out the most popular brands. From IHOP to Shake Shack, you can generally tell an Alshaya outlet from the queues that have built up outside.

Retail magnate

Mohamed Alshaya owns and operates over 2,600 franchise stores in Turkey, Russia, Europe and the MENA region.