THE MIDDLE EAST’S

8. Al Muhaidib Group

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

The Al Muhaidib Group started as a general trading company in the 1940s. Today, it operates across multiple sectors, including food and consumer, industrial and infrastructure, real estate development, and financial investment. The industrial and infrastructure segment includes Masdar, which is a building and construction materials company that operates 105 branches in 29 cities. Its food and consumer segment includes Mayar Foods, which has a 31% local market share of the rice sector and 220,000 tons of warehouse capacity in Saudi Arabia.