Top 100 Arab
Family Businesses

45. Xenel

Country: Saudi Arabia
Sector: Diversified
Establishment: 1973
Chairman : Mohamed Zainal Alireza

Xenel was founded in 1973 by the sons of Sheikh Zainal Alizera, who was behind the House of Alizera, one of the oldest trading houses in the Middle East. Xenel has more than 12 companies and has completed projects in over 40 countries. It operates in energy, petrochemicals, construction, infrastructure development, healthcare, industrial services, IT, logistics, real estate, and global investing. The group founded the first cable company in the Middle East, the first bonded free-trade zone, and the first private downstream petrochemical plant in Saudi Arabia. It also established RSGT, the latest terminal at Jeddah Islamic Port, covering more than half a million square meters.