Founded by the late Salem Ahmad Binmahfouz, SEDCO Holding manages a diverse portfolio of strategic investments across healthcare, education, hospitality, real estate, and logistics. In July 2024, SEDCO Holding completed the sale of its fully-owned subsidiary, AutoWorld, to Budget Saudi, in exchange for an 8.96% stake in the latter. In December 2024, the group’s subsidiary SEDCO Capital and Unified Real Estate Development signed an agreement to establish a $266.7 million private real estate development fund.