Al Muhaidib Group
Top 100 Arab Family Businesses in the Middle East

Rank: 6

Al Muhaidib Group

Country: Saudi Arabia

Sector: Diversified
Establishment: 1943

Chairperson: Sulaiman Al Muhaidib

Founded as a small trading business, the Al Muhaidib Group today has over 200 companies across sectors including food and consumer, manufacturing, building materials, and real estate. The family owns 14.5% of the Savola Group, worth $873 million as of April 2021, 20.8% of the Bawan Holding Company, 11.2% of the Middle East Paper Company, and 16.9% of Al Yamamah Steel Industries. Sulaiman Al Muhaidib is chairman of the Al Muhaidib Group, the Savola Group, and the Rafal Real Estate Development Company. In January 2021, the Al Muhaidib Social Foundation won the King Abdulaziz Quality Award for the charitable sector.