7. Al Muhaidib Group

Established: 1943
Country: Saudi Arabia
Group Chairman: Sulaiman Al Muhaidib

Abdulkadir Al Muhaidib founded Al Muhaidib Group in 1943 as a food store. His children—Sulaiman, Emad, and Essam—operate the company. It is an investor in the Saudi stock market, with stakes in the Savola Group. The group’s businesses span 25 countries, with a focus on F&B, industrial and infrastructure, real estate, and financial investment. Group Chairman Sulaiman A.K. Al Muhaidib is also the chairman of the Savola Group and the Rafal Real Estate Development Company.