Major Korean conglomerates operate 140 offices in Middle East: Data
Published: 04 Mar. 2026, 10:05
People look at a tall plume of black smoke following an explosion in the Fujairah industrial zone in the eastern coastal city of the same name in the United Arab Emirates on March 3. [AFP/YONHAP]
According to the data compiled by the Korea CXO Institute, 92 large business groups were found to operate 140 offices in total across 10 Middle Eastern countries out of their total 6,362 international offices.
Samsung Group has 28 Middle Eastern offices, including 10 in the United Arab Emirates (UAE), six in Saudi Arabia and five in Israel.
Hyundai Motor Group runs 14 offices in the region, including six in the UAE and four in Saudi Arabia, while LG Group has 14 Middle Eastern offices, including seven in the UAE.
By country, the UAE served as home to 56 Korean corporate offices, followed by Saudi Arabia and Oman, with 38 and 12 offices, respectively.
In Iran, there are four local units, with SK Group, Hyundai Motor Group, JungHeung Construction and KT&G each operating one.
The institute noted that if the Middle East situation prolongs, disruptions in the crude oil supply and demand, rising energy prices and increased logistics costs could reduce corporate profitability and heighten financial risks.
Yonhap





with the Korea JoongAng Daily
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