Rank: 21
Sedco Holding
Country: Saudi Arabia
Sector: Diversified
Establishment: 1976
Chairperson: Saleh Salem Bin Mahfouz
SEDCO Holding was founded by Salem Ahmed bin Mahfouz. Today it has interests in pharmaceuticals, automobiles, real estate, hospitality, and asset management, among other sectors. The Mahfouz family’s businesses include direct business, financial, and real estate investments, as well as healthcare and education. SEDCO Holding has more than 3,500 employees and owns car rental company Auto World. SEDCO Holding owns 25.8% of Dar Al Fouad Hospital, which is headquartered in Cairo. It also owns 50% of MENA’s largest pharmacy chain, Nahdi, which provided 400 million facemasks last year.