SR.No: 65
Abdullah AlOthaim Markets (AlOthaim Markets)
Sector: Retail
Date of Establishment: 1980
Country: Saudi Arabia
CEO: Abdulaziz Abdullah Al Othaim
Sales: $2.3 billion
Profits: $122 million
Assets: $1.3 billion
Market Value: $3.2 billion
AlOthaim Markets is a subsidiary of family conglomerate Al-Othaim Holding Company, which currently owns 27.6% of the company. It operates wholesale, retail, and grocery stores, with 240 retail stores located in Saudi Arabia and 44 in Egypt. In 2020, the company opened 11 new stores and was added to the MSCI Saudi Arabia Standard Index. It currently employs over 15,500 people. In April 2021, it announced that it had entered a consortium with Allana International and United Feed Manufacturing to bid for one of two milling companies offered for privatization by the Saudi Grains Organization.