The Middle East's

Top 100 Listed
Companies 2022

67. Savola Group

Country: Saudi Arabia

Sector: Food & Beverages

Group CEO: Waleed Khalid Fatani

Market Value: $5.2 billion

Sales: $6.6 billion

Profits: $106 million

Assets: $7.6 billion

The Savola Group operates grocery stores and produces food products in 50 countries through its two entities: Savola Foods and Savola Retail. In 2019, the group was added to the Morgan Stanley Capital Index as part of the Saudi Stock Exchange’s inclusion on the MSCI Emerging Market Index. It acquired Bayara Holding Limited in October 2021.