Top 100 Arab
Family Businesses

39. Zahid Group

Country: Saudi Arabia
Sector: Diversified
Establishment: 1943
Chairman : Talal Zahid

First founded by Mohamed Mahmoud Zahid to represent General Motors in Saudi Arabia, today the Zahid Group has 23 companies, across 11 sectors spanning 12 countries. It represents over 50 international and homegrown brands, including Bauer and Daewoo Bus. It employs 5,000 people. In June 2022, the Zahid Group and the MTD Group joined forces to create MTD Arabia. In April 2022, one of Zahid Group’s subsidiaries, Altaaqa Alternative Solutions, announced an MoU with TotalEnergies to deliver integrated EV charging stations in Saudi Arabia.