Rashed Abdul Rahman Al Rashed & Sons Group
Chairperson: Abudlaziz Al Rashed
Founded more than seven decades ago by Rashed Al Rashed, Saudi’s Rashed Abdul Rahman Al Rashed & Sons Group today owns 26 companies that employ a total of more than 13,000 people. It operates in seven sectors, including building materials, real estate, contracting, automotive, and food. The company’s investments include 9.8% in Banque Saudi Fransi, worth $1.2 billion as of April 2021, 9.9% of Arab National Bank worth $863 million, and 16.9% of Al Yamamah Steel Industries, making it one of the biggest private investors in the Saudi Stock market. The family also has investments on the Egyptian stock exchange.