Rank: 31
Zahid Group
Country: Saudi Arabia
Sector: Diversified
Establishment: 1943
Chairperson: Talal Zahid
The Zahid Group was established in 1943 by Mohamed Mahmoud Zahid to represent General Motors in Saudi Arabia. Today the group is also the largest shareholder in Ireland’s Dalata Hospitality, owning nearly 10% of the company. Today it has 23 companies operating across 11 sectors with more than 5,000 employees. It represents over 50 international and homegrown brands, including Bauer and Daewoo Bus. It specializes in supplying heavy vehicles and has been dealing Caterpillar vehicles in Saudi Arabia for over 50 years. In 2021, Zahid Group and Total announced they would join forces to develop solar energy in Saudi Arabia.