Top 100 Arab
Family Businesses

14. SEDCO Holding

Country: Saudi Arabia
Sector: Diversified
Establishment: 1976
Chairman: Saleh Salem Bin Mahfouz

SEDCO Holding, which was founded by Salem Ahmed bin Mahfouz, has operations in asset management, education, healthcare, hospitality, and real estate, among other sectors. It employs over 3,500 people. The company owns SEDCO Capital, which ended 2021 with assets under management valued at $5.9 billion. The family holding also owns 35% of the Nahdi Medical Company, the largest pharmacy chain in MENA, as well as 25.8% of Egypt-based Dar Al Fouad Hospital. In June 2022, SEDCO Academy partnered with e-learning platform Coursera to develop a customized e-learning platform for SEDCO employees with over 5,000 courses.