THE MIDDLE EAST’S

42. Almarai
Country: Saudi Arabia
Sector: Food & Beverages
CEO: Abdullah Al Bader
Market Value: $14.3 billion
Sales: $5.6 billion
Profits: $617 million
Assets: $9.5 billion
Almarai is one of the world’s largest vertically integrated dairy companies and one of the region’s largest food and beverage manufacturing and distribution companies. It operates across Egypt, Jordan, the GCC, as well as the U.S., Argentina, and Romania. The company serves 33 million people in Saudi Arabia and reaches over 150 million consumers regionally, with more than 100,000 daily customers in 2024. The Sultan Holding Group and the Saudi Agricultural and Livestock Investment Company are the major shareholders in Almarai with 23.7% and 16.3%, respectively.