In Forbes Middle East 2024 Ranking: Majid Al Khan Among the 100 Most Impactful Real Estate Leaders in the World, Top in the Kingdom of Bahrain

March 15, 2024

Forbes Middle East has recently ranked Mr. Majid Abdullah Al Khan, CEO of Infracorp, a leading specialised company in investing in the infrastructure and sustainability development sector, among the 100 most impactful real estate leaders in the world and the top in the Kingdom of Bahrain for the year 2024.

This prestigious global classification was announced this week as part of the annual classifications issued by Forbes Middle East magazine for executives in various fields who have left a significant imprint in their fields of work.

Under Mr. Al Khan’s leadership and management, Infracorp manages a diversified portfolio of infrastructure assets worth approximately USD 3 billion across multiple markets in the GCC, North Africa, and South Asia. During the past two years alone, the company has implemented major initiatives that have significantly expanded its business operations and real estate holdings.

Regarding real estate development, Infracorp currently owns more than 595 ready-to-use residential units, in addition to an additional 228 units under construction among its projects. This includes the luxury residential waterfront and Marina Bay development in the Kingdom of Bahrain, as well as the mixed-use California Village project in Dubai, which offers more than 230 residential villas with large areas and high-quality designs in a unique strategic location. The company has successfully completed and sold the total villas of the first and second phases of the project.

On the financial front, Infracorp recently announced net profits of USD 45.5 million for the year 2023 with total assets of USD 189 million compared to USD 33 million in 2022, an increase of 38 percent. In addition to his leadership of Infracorp, Mr. Al Khan holds other board positions in several major Gulf companies, including Gulf Holding Company, Plexco, and Falcon Cement.

On this occasion, Mr. Al Khan commented: “I am honoured to be among these pioneers and leaders in the sector, as this is a clear testament to the spirit of dedication and hard work undertaken by every member of Infracorp, as we continue to grow our business across markets with high potential.”

This prestigious global ranking by Forbes Middle East embodies the emergence of Infracorp as a pivotal and essential player in the real estate and infrastructure sectors at the regional level, through Mr. Al Khan’s strategic and insightful vision and his ability to conclude strategic deals and partnerships.