THE MIDDLE EAST’S

30. Khaled Alkhattaf

Company: Saudi Pharmaceutical Industries & Medical Appliances Corporation (SPIMACO Addwaeih)
Designation: CEO
Country: Saudi Arabia
Sector: Pharmaceuticals

SPIMACO Addwaeih is a Saudi joint-stock company that was established in 1986. Alkhattaf assumed his role in January 2021. The company’s main manufacturing facility in Al-Qassim is operated by 500 employees. The company recorded $282 million in revenues for the first nine months of 2022 and $1.1 billion in assets. Among the company’s fully-owned subsidiaries are ARAC Healthcare Company, and ARACOM Medical Company. Alkhattaf is also the chairman of ARAC Healthcare.