THE MIDDLE EAST’S

1. Al Muhaidib Group
Group Chairman: Sulaiman Al Muhaidib
Established: 1943
Country: Saudi Arabia
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.