#1620

Essam Al Muhaidib

Saudi Arabia 67 years old

Overview

Source of Wealth
Diversified
Industry
Diversified
Residence
Dammam
Education
King Saud University (Bachelor of Science)

Assets

  • ACWA Power
    23,517,721 shares @ -
    -
    2082-SA
  • Al Yamamah Steel Industries
    1,143,325 shares @ -
    -
    1304-SA
  • Almarai
    14,193,738 shares @ -
    -
    2280-SA
  • Aspire Capital Holding for Financial Investments
    51,339,520 shares @ -
    -
    ASPI-EG
  • Bawan Co.
    2,248,008 shares @ -
    -
    1302-SA
  • Fourth Milling
    12,348,000 shares @ -
    -
    2286-SA
  • Gadwa for Industrial Development
    212,322,250 shares @ -
    -
    GDWA-EG
  • Miahona
    15,770,703 shares @ -
    -
    2084-SA
  • Middle East Paper Co.
    2,237,872 shares @ -
    -
    1202-SA
  • Pioneers Properties for Urban Development
    42,464,450 shares @ -
    -
    PRDC-EG
  • Riyadh Cables
    8,001,700 shares @ -
    -
    4142-SA
  • SAL Saudi Logistics Services
    2,352,000 shares @ -
    -
    4263-SA
  • Saudi British Bank
    10,501,895 shares @ -
    -
    1060-SA
  • Savola Group
    12,335,812 shares @ -
    -
    2050-SA
  • United International Holding Co.
    311,849 shares @ -
    -
    4083-SA
  • United Mining Industries
    780,176 shares @ -
    -
    9583-SA

Biography

Essam Al Muhaidib is the CEO of Al Muhaidib Group, a Dammam, Saudi Arabia-based family-owned conglomerate.

Al Muhaidib Group invests in companies across consumer products, infrastructure, construction, real estate and finance; Essam owns 28% of the company.

The group was founded in 1943 by his father Abdulkadir, who started out as a food trader before expanding into building materials and real estate.

Essam and his brothers Emad and Sulaiman took over after Abdulkadir's death in 1996; they share ownership with 4 other family members.

Al Muhaidib Group owns shares in at least 16 publicly traded companies in Saudi Arabia and Egypt.