holdings group based in beirut lebanon . its current ceo is azmi mikati . 1 origin edit the business was created forty years ago by taha mikati and najib mikati the latter of whom became prime minister of lebanon in 2005 and again in 2011 . it began in the construction sector . during the 1980s it expanded into telecommunications and formed the basis of their flagship company investcom which was listed on the london stock exchange and that of dubai . in 2005 investcom employed more than 5000 people with a presence in twelve countries across three continents . its gross earnings reached 660 million . when floated on the stock exchange on 6 october 2005 it had a market capitalization of 3.3 billion and was among the largest companies in the middle east . in june 2006 the south african company mtn bought investcom for 5.5 billion 2 thereby becoming the first mobile phone corporation for the middle eastern market . in 2007 the mikati brothers founded m1 group which now comprises ten companies at least m1 limited which holds a 10 % stake in mtn m1 real estate based in monaco which owns real estate assets in europe the united states and the middle east 3 m1 commercial jets m1cj which leases commercial aircraft and now operates as a subsidiary of jetscape m1 retail concepts lebanon that operates retail stores in beirut 4 m1 travel is the largest shareholder of the swiss airline baboo based in geneva m1 fashion which owns several clothing brands including fa onnable pepe jeans and hackett london 5 6 m1 energy with interests in the avante petroleum oil company based in luxembourg m1 capital which manages the group s financial assets emerge distributions that distributes fa onnable and victorinox in the mena region m1 industries is in the consumer goods market with holdings in dairiday dairy brand and the uk supermarket chain j sainsbury . mnm investments cold stone creamery in february 2010 m1 group acquired 50 % of the efg hermes stake in the lebanese bank audi the largest bank in the country for 450 million . references edit m1 group . mbendi.com . 2015 10 25 . retrieved 2015 11 12 . the world s billionaires 446 najib mikati forbes published 5 march 2008 retrieved 7 july 2011 lebanese investors buy credit suisse s canary wharf office property week published 7 august 2009 retrieved 7 july 2011 m1 retail concepts lebanon s.a.l opens the white company at beirut city centre . web release.info . retrieved 2015 11 12 . french fa onnable rachet e par m1 group franchise magazine.com published 27 july 2007 retrieved 15 july 2011 pepe jeans passes to m1 group and l capital asia . sportswearnet.com . retrieved 2015 11 12 . retrieved from https en.wikipedia.org w index.php title m1 group & oldid 743957731 categories companies listed on the london stock exchangecompanies listed on the dubai financial markethidden categories articles with french language external linksuse dmy dates from january 2014 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages fran ais edit links this page was last modified on 12 october 2016 at 06 45 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view