Rank: 74
Al Faisaliah Group
Country: Saudi Arabia
Sector: Diversified
Establishment: 1971
Chairperson: Abdulrahman Al Abdullah Al Faisal
The Al Faisaliah Group is a holding company with business ventures across industries including dairy, electronics, healthcare, and food services. Its subsidiary, the Modern Electronics Company, is Sony’s exclusive partner in Saudi Arabia, operating 20 retail stores in the kingdom under the brand. Al Safi Danone, a joint venture with French food products company Danone, supplies fresh dairy products to more than 32,000 retailers in 12 countries across the Middle East. It also operates the world’s largest integrated dairy farm, with 50,000 cows producing more than a million liters of fresh milk every day. Its food services company ALFA, which employs more than 2,000 people, acquired the Steak House restaurant chain in 2003.