THE MIDDLE EAST’S

Top 100 Arab
Family Businesses

61. Saudi Bugshan Group (SBC)

Country: Saudi Arabia
Sector: Diversified
Establishment: 2000
Chairman : Khaled Bugshan

SBC manages and owns 17 subsidiaries, including the Arabian Farms Development Company, S&A, Advanced Development Real Estate Investments Co. Ltd. (Tanmyah), Al-Talayi, Advanced Generations International Schools, and Al Athar Trading. SBC has $2 billion in assets. S&A is the exclusive operator of Haagen-Dazs retail stores in Saudi Arabia. The group’s real estate entity Tanmyah has developed 12 projects across Saudi Arabia, such as Danube Commercial Center, Ajyad Hotel, Obhur Resort, and AGS School Campus.