Rank: 42
Nesma Holding Group
Country: Saudi Arabia
Sector: Diversified
Establishment: 1979
Chairperson: Saleh Ali Al-Turki
Chairman Saleh Ali Al-Turki established Nesma Holding Group in 1979. Today, the group operates 45 companies across Saudi Arabia, the U.A.E., Egypt, Turkey, and Croatia. Its activities cover sectors such as engineering and construction, food and retail, materials and manufacturing, property management, hospitality and tourism, transportation, and others. Nesma Trading is building one of the largest integrated logistics centers in Saudi Arabia, with an area of 97,000 square meters and a capacity of over 110,000 pallets for storing food and medical goods. Chairman Al-Turki was also the president of the group until assuming the position of Mayor of Jeddah in July 2018.