8. SEDCO Holding
Established: 1976
Country: Saudi Arabia
Chairman: Saleh Salem Bin Mahfouz
SEDCO Holding is a 47-year-old Shariah-compliant, ethical, and sustainable investment firm with diversified interests in financial, real estate, and direct investments. The company mainly invests in asset management, education, healthcare, hospitality, and real estate. It employs more than 3,500 people across the world. In 2022, SEDCO invested $171.5 million in a mixed-use tourism project in Abha, Saudi Arabia. SEDCO Holding also owns 35% of Nahdi Medical Company, one of the largest pharmacy chains in the Middle East. Nahdi raised $1.4 billion in 2022, which was Saudi Arabia’s largest IPO since Aramco’s listing.