Abdullah AlOthaim Markets (AlOthaim Markets)
Top 100 Companies in the Middle East 2021

SR.No: 65

Abdullah AlOthaim Markets (AlOthaim Markets)

Sector: Retail

Date of Establishment: 1980
Country: Saudi Arabia
CEO: Abdulaziz Abdullah Al Othaim

Sales: $2.3 billion

Profits: $122 million

Assets: $1.3 billion

Market Value: $3.2 billion

AlOthaim Markets is a subsidiary of family conglomerate Al-Othaim Holding Company, which currently owns 27.6% of the company. It operates wholesale, retail, and grocery stores, with 240 retail stores located in Saudi Arabia and 44 in Egypt. In 2020, the company opened 11 new stores and was added to the MSCI Saudi Arabia Standard Index. It currently employs over 15,500 people. In April 2021, it announced that it had entered a consortium with Allana International and United Feed Manufacturing to bid for one of two milling companies offered for privatization by the Saudi Grains Organization.