Top 100 CEOs In The
Middle East 2022
54. Abdullah Albader
Designation: CEO
Company: Almarai
Country: Saudi Arabia
Nationality: Saudi
Sector: Food and Beverage
Albader joined Almarai in 2000 and was appointed General Manager of Bakery in 2015. In June 2022, the company approved an investment plan to enter the seafood products segment, with an initial investment of $67.2 million. Almarai’s food service segment recorded a 28% growth in value and 24% growth in volume in 2021, generating annual revenues of $613 million. In February 2022, Almarai acquired a 25% stake in Modern Food Industries through its subsidiary Western Bakeries for $67 million. The acquisition made Almarai the full owner of Modern Food Industries.