Private company

Al-Muhaidib

Logo: muhaidib.com³

The Al Muhaidib Group (Arabic:مجموعة المهيدب) is an international private group of companies based in Saudi Arabia that was founded in 1946 by Abdul Kadir bin Abdul Muhsin Al-Muhaidib. The current chairman of the board of directors is Sulaiman A. K. Al-Muhaidib.² Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1946Founded¹

Websitewww.muhaidib.com

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Corporate structure

Al-Muhaidib sits at the top of its group. 2 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Al-Muhaidib
- Cham Bank Stake · 3% · Damascus

Built from subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Al-Muhaidib reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Stakes and holdings (Wikidata)

Cham Bank 3%

Things Wikidata records the company as owning, with the share when stated.¹

The story

The first company was founded in 1946- under the name Abdulatif and Abdulkadir Al-Muhaidib Company. Its main interest was selling wholesale building materials and foodstuffs. In 1959 the company name was changed to Al-Muhaidib and Al-Nafea Company, and in 1979 it was changed again to A.K Al-Muhaidib & Sons Group of Companies.

A.K. Al-Muhaidib & Sons group of companies began its life in the food products industry in 1959, marketing and distributing rice. Although this sector has remained the fastest-growing within the group, allowing the company to expand its portfolio to include other grains and eventually leading to the establishment of a retail outlet chain, Giant Stores (Now merged with Panda). The group's other main interest, building materials, has been connected with Saudi Arabia's economic and industrial development.

From Wikipedia’s article on Al-Muhaidib, shared under CC BY-SA 4.0.⁴

Products and brands

Food & Retail

Mayar Foods

In Saudi Arabia, and the GCC, one of the fastest growing companies within the Al-Muhaidib Group is Mayar Foods Co. (formerly Al-Muhaidib Foods). Established in 1959, the company has become a specialist in all facets of rice distribution and marketing.

By expanding its product lines to include Pasta, and the distribution of Barilla Pasta in Saudi Arabia, the company continues its strategy of acquiring national and international products. This has resulted in developing a vast network of sales offices.

Mayar Foods is one of the top 15 suppliers to all Saudi retailers, and has been growing ever since.

Savola Foods

Established in 1979 with an initial SR 40 Million Capital & grew significantly in subsequent years to SR 5 Billion, Savola Foods currently has market shares of 62% of the Edible Oils market and 68% of the Sugar market in the Kingdom.

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Panda Retail Company

Panda Retail Company was founded in 1978, and is 92% owned by Savola forming the food retailing arm of theٍ Savola Group. It is one of the most important organizations in the retail sector in Saudi Arabia, operating a network of hypermarkets, supermarkets and convenience stores in the Kingdom and has entered the Dubai retail scene. In its own right Panda is considered to be one of the largest Saudi joint-stock companies in the Kingdom of Saudi Arabia.

Al-Muhaidib Hardware Company

Al-Muhaidib Hardware has established over 42 showrooms throughout the Kingdom, offering nearly 20,000 different hardware items.

Al-Muhaidib Hardware Company acts as the Agent for many brands of hardware products.

Financial Services

SABB

Established in 1978 as a Joint Stock Company, listed on TADAWUL. It is an associated Company of HSBC Group, a leading provider of banking, insurance, and assets management services in Saudi Arabia.

Gulf Union Co

A prominent insurance service provider in Saudi Arabia, incorporate in 2007 and listed on TADAWUL.

Associates of Gulf Union Project Management company that was established in 1982, providing insurance services in Bahrain & Saudi Arabia, the company offers property, liability, automobile and health insurance coverage services in Saudi Arabia.