MEED 100 - Sector Analysis: Conglomerates
Five companies on this year’s MEED 100 list are conglomerates, down from seven in 2008. Kuwait’s National Industries Group (NIG) and Egypt’s Talaat Mostafa Group have fallen off the list this year. NIG was ranked at 35 in 2008, with a market capitalisation of $8.1bn, which fell to $1.3bn this year, while Talaat was 58 last year.
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