Kanoo Group chairman dies
by Courtney Trenwith
The chairman of UAE-based conglomerate Kanoo Group has died aged 72.
Yusuf bin Ahmed Kanoo, who was born in Manama in 1942, had reportedly battled diabetes since his 40s. The illness had become worse in the past two years.
He had led the Kanoo Group, one of the largest family-owned group of companies in the Gulf region, since the death of Abdulla Ali Kanoo in October 2010.
Yusuf Kanoo was schooled in Bahrain, where the business also has a high presence, and later studied in the UK. He also worked in Saudi Arabia.
He married a woman from the Al Rashdan family in 1990 but they had no children, according to Bahrain daily Gulf Daily News.
The Kanoo Group has business activities globally in industries including shipping, travel, machinery, engineering, oil and gas, power, industrial projects, exhibition services, courier services, logistics, and other retail and commercial activities.