THE MIDDLE EAST’S

39. Sumou Holding Company

Chairman: Ayedh Al-Qahtani
Established: 2008
Country: Saudi Arabia

The Sumou Holding Company offers real estate project management and market analysis, alongside investment, development, and acquisition and disposition services. In July 2024, Sumou Holding and Kingdom Holding acquired the Al-Inma Jeddah Economic Fund valued at $1.8 billion. Its subsidiary, the Sumou Real Estate Company, signed an agreement with Aljazira Capital and the Sumou Global Investment Company in January 2025 to establish a real estate fund acquiring lands in Riyadh, Dammam, and Al-Khobar to build $533 million worth of 800 residential units.