Top 100 Arab
Family Businesses

10. Rashed Abdul Rahman Al Rashed & Sons Group

Country: Saudi Arabia
Sector: Diversified
Establishment: 1950
Chairman : Abudlaziz Al Rashed

The Rashed Abdul Rahman AlRashed & Sons Group employs more than 13,000 people and has 25 companies across seven sectors: building materials, cement and bulk materials, finishing materials, contracting, industrial products, automotive, and food products. The group also has investments in real estate. As of August 2022, it owns 9.8% of Banque Saudi Fransi, worth $1.6 billion, 9.97% in Arab National Bank, worth $1.2 billion, and 9.6% in Al Yamamah Steel Industries, worth $43 million.