THE MIDDLE EAST’S

12. Al Othaim Holding Company

Chairman: Abdullah Bin Saleh Al Othaim
Established: 1956
Country: Saudi Arabia

Al Othaim Holding has operations in diverse sectors, including supermarkets, food industries, non-food industries, mills, fashion, hotels, sports, malls, and restaurants. In October 2024, the group’s Abdullah Al Othaim Markets Company listed 33% of its shares of the Fourth Milling Company, with a $229 million IPO on the Saudi Exchange. In December 2024, the group acquired a 20% stake in Alpha Capital. Al-Othaim Investment, part of Al Othaim Holding, has over 23 integrated projects, with investments of over $12 billion. As of March 2025, the company operated 10 malls, over 55 entertainment venues, and over 410 fashion stores. As of April 2025, Al Othaim had a net worth of $2.5 billion.