THE MIDDLE EAST’S

13. Abdulwahhab Abed
Designation: CEO
Company: SEDCO Capital
Nationality: Saudi
Headquarters: Saudi Arabia
Abed served as the acting CEO of SEDCO Capital in 2024, before being appointed CEO in February 2025. In 2025, the company partnered with Sumou Investment to establish five private real estate development funds in Jeddah, Riyadh, Makkah, and Madina at a total value of more than $2 billion. As of December 2024, the company had assets under management of $9.9 billion, an over 50% growth compared to 2023. Abed’s previous roles in the company include chief business development officer, chief investment officer, and head of corporate finance.