5.The Allana family
Founders, IFFCO Group
The Allana family are riding high in this year’s Rich List thanks to the roaring success of IFFCO Group and the Allana Group. Following the death of the founder of the Allana Group, Abdul Razak Allana, his three sons — Feroz (above), Irfan and Shiraz — have taken centre stage and are driving the group’s business.
Established in 1975, IFFCO is a UAE-based business house, which manufactures and markets a well-integrated range of consumer products. IFFCO operates under the following business segments: fast-moving consumer goods (FMCG), commodities, oils, frozen foods and institutional services. IFFCO also manufactures related derivatives and intermediates associated with these business segments. IFFCO brands include London Dairy, Tiffany, Noor, Rahma, Igloo and Al Baker.