Riyadh – Sharikat Mubasher: Saudi Arabia emerged as the most represented country in Forbes Middle East’s ‘Top 100 Arab Family Businesses 2026’ list, securing 32 entries and reinforcing the Kingdom’s position as a regional powerhouse for family-owned enterprises.
The list highlights the enduring influence of Saudi family businesses, many of which have evolved into diversified conglomerates with operations spanning automotive, financial services, healthcare, real estate, industrials, logistics, retail, energy, and technology. As Saudi Arabia advances its Vision 2030 agenda, these family-owned groups continue to play a critical role in driving private-sector growth, creating jobs, and investing in new economic sectors.
Leading the Saudi contingent is Abdul Latif Jameel, which claimed the first position in the overall Arab ranking. Founded in 1945, the group is best known as a long-standing distributor of Toyota vehicles in Saudi Arabia, but has since expanded into mobility, renewable energy, financial services, real estate, healthcare, and investment activities across more than 30 countries.
In fifth place came Olayan Financing Company (OFC), the holding company of the Olayan Group. The conglomerate maintains interests in manufacturing, distribution, services, consumer goods, industrial operations, real estate, and investments through partnerships with global brands and businesses.
Ranked tenth, SEDCO Holding operates as a diversified investment company with interests across real estate, private equity, healthcare, education, hospitality, and financial services. The group has also played a prominent role in impact investing and sustainable business initiatives.
Al Othaim Holding Company, ranked eleventh, has built its reputation through retail and commercial real estate. Its businesses include shopping malls, supermarkets, entertainment centers, hospitality ventures, and investment activities throughout the Kingdom.
At twelfth place, Ajlan & Bros Group represents one of Saudi Arabia’s largest diversified family businesses. Originally established in textiles, the group has expanded into real estate, industrial manufacturing, logistics, financial services, technology, mining, and international investments.
Ranked 14th, Yousuf M.A. Naghi & Sons Group operates across automotive, FMCG, transportation, logistics, healthcare, food services, and consumer electronics. The Jeddah-based conglomerate represents several international brands in Saudi Arabia, including BMW, Rolls-Royce, Hyundai, LG Electronics, and Mars.
Coming in sixteenth, Al Nahla Group has evolved from a trading business into a diversified investment group with interests in real estate, healthcare, hospitality, financial services, technology, and venture capital.
Juffali, ranked seventeenth, remains one of the Kingdom’s oldest and most influential business groups. Its portfolio spans engineering, energy, automotive, healthcare, information technology, communications, and industrial services.
At twenty-second place, AlRashed Group maintains operations across construction materials, industrial products, engineering services, manufacturing, energy, and infrastructure-related sectors, serving both domestic and international markets.
Completing the Saudi top ten is Zahid Group, ranked twenty-sixth. The group is a major player in construction machinery, transportation, logistics, mining, energy solutions, and industrial services. In 2025, a consortium led by Zahid Group completed the privatization of South Africa’s Barloworld, one of the most notable acquisitions involving a Saudi family business in recent years.
Beyond these leading companies, the ranking also includes prominent Saudi groups such as Zamil Group Holding Company, Sumou Holding Company, Alkhorayef Group, Rawabi Holding, Obeikan Investment Group, Rajhi Invest, Al Faisaliah Group, Tamer Group, Almajdouie Group, Al Nahdi Family Office, Alturki Holding, and Al-Qahtani Holding, among others.
