BinDawood Group

BinDawood Group is the family office of the BinDawood family, who are the founders and majority shareholders of BinDawood Holding, which they took public last year. BinDawood Holding operates through two retail arms, BinDawood Stores and Danube Stores. The company has 74 stores across Saudi Arabia. In 2020, the firm’s revenues increased by about 6.5% to $1.4 billion. BinDawood Holding employs over 10,000 people. The BinDawood family owns 74.4% of BinDawood Holding, valued at $2.5 billion as of April 2021. Other than its retail business, the BinDawood Group has interests in distribution, franchises, real estate and hospitality.