THE MIDDLE EAST’S

Top 100 Arab
Family Businesses

72. AlKhorayef Group

Country: Saudi Arabia
Sector: Diversified
Establishment: 1957
chairman and CEO: Saad Alkhorayef

The AlKhorayef Group’s operations span over 40 countries. It employs 5,000 people across four business units: oil and lubricants, machinery systems, contracting services, and printing and paper. The group manufactures and supplies pumps, pipes, and power generation machinery globally, covering the agriculture, water, power and oil, and marine industries. It has a lubricants production plant in Yanbu, manufacturing Castrol Lubricants. It also distributes global brands, including Volvo, John Deere, Castrol, Linde, Manroland, and Yamaha. The group owns 56% of Alkhorayef Water and Power Technologies Co., which is listed on the Saudi Exchange and was valued at $453 million as of August 2022.