Moafaq Ahmad Al Gaddah, MAG Group

The Moafaq Al Gaddah Group has grown since its foundation in 1978 to include more than 50 companies that employ over 2,000 people around the world. Chairman of the group, Moafaq Ahmad Al Gaddah, now heads a business empire that spans manufacturing, auto parts, real estate, education, contracting, hospitality and logistics, with an extensive overseas reach. The group aims to achieve economic growth in all areas whilst maintaining quality products and high moral standards. Gaddah is a known philanthropist and humanitarian. He has become quite renowned for his donations to charities, and he places a particular importance on education. (Moafaq Ahmed Al Gaddah is inducted into the World Finance 100 list for 2012)