THE MIDDLE EAST’S

49. Abunayyan Holding

Established: 1950
Country: Saudi Arabia
Chairman : Mohammed A. Abunayyan

Founded in 1950 as a water irrigation company. Today, the group employs over 4,500 people across its subsidiaries and 13 strategic business units. Subsidiary Toray Membrane Middle East LLC, a joint venture with Toray Industries, is behind the kingdom’s first reverse osmosis membrane manufacturing plant, which is set to begin operations in 2025. Abunayyan Holding formed a joint venture with Eaton, Eaton Arabia, to produce and service low- and medium-voltage switchgear in the Middle East.