The Al Muhaidib Group was founded by the late Abdulkadir Al Muhaidib. The company today invests in industrial and infrastructure, food and consumer, real estate, and finance. The group owns shares in at least 16 publicly traded companies in Saudi Arabia and Egypt. In October 2024, Al Muhaidib Group, alongside Group AMANA, launched SAMANA, a venture to develop and operate renewable energy in Saudi Arabia. In February 2025, PIF acquired a 30% stake in the group’s subsidiary Masdar Building Materials. The late founder’s sons, Sulaiman, Essam, and Emad, who share ownership of the business with four other family members, had a combined net worth of $10.6 billion as of April 2025.