THE MIDDLE EAST’S
20. Rashed Abdul Rahman Al Rashed & Sons Group (RAR Group)
Established: 1950
Country: Saudi Arabia
Chairman: Abdulaziz Al Rashed
The RAR Group’s regional and local operations focus on seven key business areas: real estate, building and construction materials, contracting, industrial products, automotive products, food products, and investments. The group also has stakes in Banque Saudi Fransi, Arab National Bank, and Al Yamamah Steel Industries, among others. The industrial products segment of the group operates through five companies, including Al Rashed Steel Products and Manufacturing, Al Rashed Fasteners, and Al Rashed Wood Factory.