Retail group Azadea sits at the top of Lebanon's corporate revenue table, according to a ranking of the country's largest companies published by data provider ZoomInfo in May 2026.
Azadea reported revenue of USD 3.7 billion, the list shows. Packaging and consumer-goods maker INDEVCO came second at USD 2.7 billion, and engineering and design firm Dar ranked third at USD 2.4 billion.
The figures are estimates compiled by ZoomInfo rather than audited numbers released by the companies themselves. They should be read as a reported ranking, not as confirmed financial results.
Who the Three Leaders Are
Azadea was founded in Beirut in 1978 and runs international franchise brands across the Middle East and North Africa. Its stores cover fashion, food and drink, home goods, sporting goods, and electronics, which means most of its sales come from shoppers across the region rather than from Lebanon alone.
INDEVCO, founded in 1955, makes packaging, tissue, and building materials. The group operates plants in several countries and sells to large consumer-goods companies, so its revenue is spread well beyond the Lebanese market.
Dar, founded in 1956 as Dar Al-Handasah, is one of the world's larger engineering and consulting firms. It works on infrastructure, architecture, and planning projects across the Middle East, Africa, and beyond, and forms the core of the wider Dar Group.
What the Numbers Say About Lebanon's Big Firms
The common thread among the top three is that they are Lebanese in origin but regional or global in where they actually earn money. Each was built in Beirut decades ago, then grew by expanding abroad rather than by relying on the domestic economy.
That pattern matters because Lebanon's own market has been under heavy strain since the financial collapse that began in 2019. Companies with revenue anchored outside the country have been better placed to keep growing through that period.
ZoomInfo's list reflects total company revenue, much of which is generated outside Lebanon. It is a measure of how large these Lebanese-founded groups have become, not a measure of activity inside the Lebanese economy.
The May 2026 ranking is updated regularly, so the order and the reported figures can shift in later versions of the list.
